BlueWater Group launches new algorithm for cryptocurrency trading
Vilnius, Lithuania – (Newsfile Corp. – August 13, 2022) – BlueWater Group is pioneering a new approach to cryptocurrency trading with its new BlueWater algorithm, a high-frequency arbitrage trading bot capable of executing high-speed arbitrage transactions between 4 cryptocurrency exchange pairings on a single exchange.
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The BlueWater algorithm was presented to nearly 300 BlueWater group partners who were invited to its debut on July 31st2022 where arbitration transactions were conducted live.
The development and deployment of the BlueWater algorithm is critical to BlueWater Group’s efforts to make cryptocurrency less risky in the face of high market volatility. The system relies on artificial intelligence and machine learning tools to make it less dependent on human oversight, thereby dramatically increasing the speed, frequency and accuracy of arbitrage transactions.
Guests at the BlueWater Group live trading demonstration held on July 31st were also presented on how the system works, its capabilities, and its potential for further development and improvement in terms of encompassing a wider variety of digital asset arbitrage transactions.
Additionally, guests of the live trading demo also came away with a deeper understanding of the BlueWater Group itself as well as the opportunities available to them as clients and partners of the firm.
BlueWater Group said in a post-event press release that “The successful demonstration of profitable arbitrage trades during the BlueWater Algorithm debut allowed us to prove the capabilities of the system and our technological prowess. The 4 way cryptocurrency arbitrage trading system is now a reality. We are proud to build it, operate it and make it even better.
Company: BlueWater Group
Name: Edward Woods
E-mail: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/133100