Was at the Bitcoin Expo over the weekend in Toronto and met some potential clients who posed a few questions. Thought I would share the questions and answers:

Questions:

1) Are you audited on a monthly or yearly basis?
2) How is the arbitrage done exactly? ie. what exchanges? what currencies?
3) How are you making yourselves after all the returns & commissions are paid out?
4) What security can you guarantee your clients?  

Answers:

1. For the moment we are planning to be audited once a year. Depending on the growth of our business we might consider to be audited twice yearly.

2. How arbitrage is done in general is explained on our trading page and there are many sources your contacts can find on Google. We are using all the main exhanges, ie. BTC-e, Bitstamp, Bitfinex and about a dozen secondary exchanges. Currently we are only trading USD/BTC pairs but are planning to add EUR/BTC and CNH/BTC as well. Arbitrage trading in different markets requires liquidity, in other words before doing so, we need to have sufficient liquidity.

3. We are deducting 20% from the achieved daily results to cover our profits and costs. This amount is already factored in the publicly available results posted.

4. There are no assurances or warranties investments. We should be all aware of this at least since the fall of Lehman Brothers. Only time will tell if we are a trustworthy Bitcoin investment source: Trust is build over time!

Andrea Ciceri
BT-Bitcoin Trader Rep
https://bitcoin-trader.biz/?ref= [ref removed]