Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PRE-ICO] ARBITAO: The New Way of Arbitrage Trading
by
Arbitao
on 14/06/2018, 14:30:28 UTC

Also, just to confirm, the investor allocates a certain amount of ATAO and then receives profits also in ATAO, and then can exchange ATAO for BTC on TaoX exchange, correct?

You are correct. Please note, that there's USD equivalent in between, added as a security layer for both parties as cryptocurrency market is quite volatile and through this system Arbitao is able to guarantee stable profits to the customer and does not have to take over the volatility risk.

Thanks for the response, What does it mean USD equivalent in between? will ATAO have a fixed value for example during the trading time? sorry if it sounds obvious, but this point is not that clear to me..cheers  Smiley

Let's say that you invest 1000 ATAO (which is 100 USD) for 240 days on the Arbitao platform (Bronze pool). Your daily interest rate, based on our historical performance, should be approx. 0.5%. Those daily interest are booked in USD on your account. The earned USD you can convert to ATAO and withdraw to your wallet or exchange it to BTC on the exchange. This is why I called it "USD in between".

It's necessary because USD is a stable currency in comparison to cryptocurrencies, and such an approach is working as a security measure both for you and the platform.

If during the investment period (240 days) the crypto market goes significantly down or up, your initial investment plus the daily interest will not be effected as it is secured in USD. You will always receive stable profits.