DUBAI, UAE – (Newsfile Corp. – September 26, 2022) – The ViCA Foundation, a blockchain-based ecosystem, has announced its ViBot trading solution designed to address vulnerabilities in the world of crypto arbitrage trading . Developed over a 3 year period with a $2.3 investment in its development, the ViBot was officially launched in May 2021.
Since then it has become an industry favorite and has also taken care to accommodate all the needs and problems of crypto arbitrage traders.
First, the ViBot tool can navigate between major exchanges like Binance and Upbit, giving its users access to some of the largest liquidity pools in the industry, and using Ethereum, KRW, and Tether USDT to complete trades. It is also compatible with all major cryptocurrencies such as Bitcoin, Ethereum, XRP, ADA, Dogecoin and Litecoin.
It also uses the cross-exchange arbitrage trading technique, which ensures that the leveraged exchanges can execute transactions simultaneously. This also means that users don’t have things like exchange fees, transfer fees, and gas fees eating away at their profits.
Then there is the ever-present problem of market volatility, which ViBot has taken steps to avoid to ensure its users can continue trading without fear. Since launching, ViBot has become an industry favorite, with underlying assets of $1.3 million (as of September 2022) and an average profit of 2% per month.
But the ViCA Foundation doesn’t stop there. Currently, only South Korean users have access to the arbitrage tool, although this will change soon. This comes as the foundation launched its native Ethereum-based token, which gives holders a share of the profits. Those outside of Korea can also benefit from this. The token has a current supply of 2 billion, although 1.8 billion of those tokens will be burned over time. The foundation also made the rounds within the industry, appearing as a diamond sponsor at the upcoming Crypto Expo in Dubai. The expo is one of the largest events for crypto investors in Asia and ViCA is positioning its community at the forefront by participating.
About the ViCA Foundation
The ViCA Foundation is a blockchain-centric ecosystem that includes the ViBot arbitrage trading solution, the ViWallet, and the ViVerse Telegram community. The foundation is dedicated to providing the best access and information in the blockchain industry.
Media contact:
Ahmad Hasan
[email protected]
Website: https://vica.global/
Medium: https://medium.com/@vicafoundation
LinkedIn: https://www.linkedin.com/company/vica-foundation
Twitter: https://twitter.com/ViCA_Foundation
Telegram: https://t.co/90iitUZ7bK
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/138169
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.