To all those Indian crypto traders out there, who understand how arbritrage trading works and would like to take advantage of it...This app is for you.
First I would just like to tell you how I found this app, one day a good friend of mine messaged me and said "you should check this app out, my friend has developed it. Just give me a review after checking it out." And there I was with the link to this one, all I knew was it was for crypto arbritrage and nothing more.
Now let's talk about the app.
It looks neat and simple, not too many options and nothing that can be considered as confusing with one.
You have a nice layout that shows the top 6 profitable cryptocurrencies that you can arbritrage trade, the percentage of maximum gain that you can get from any foreign exchange comparative to our indian exchange. Simple enough to understand right?!
If you decide to click on any of the cryptocurrency, for our example here we have XRP. As you can see in the image above, you can see that bittrex is currently the cheapest one with the price of ₹28.3 and the highest price currently is at zebpay with ₹34.1.
Down below all that you can see more exchanges and their live prices, so you can select and see the once you prefer of trade on.
If you click on the "₹" sign you'd be taken to profit calculator, this is really a nice feature needed to calculate just how much you can make with the amount of cryptocurrency you have.
You can edit the volume as per your desired number of crypto coin. In the image below as you can see I've wrote 100 XRP.
Now I can know exactly how much profit I'll make in rupees with that arbritrage.(excluding fees)
On the home screen just below the top 6 cryptocurrencies is a list of all the other cryptocurrencies that are being traded and have arbritrage opportunities.
Note the you can check all of these and see and reverse arbitrage opportunities as well. In example we have polymath $POLY, which can be bought at ₹20.6 from koinex and sold at bitbns for ₹21.2, giving you 2.69%.
All these options with a light app the doesn't consume data or ram is perfect for any trader who is into arbritrage trading and wants to take advantage of higher prices at our indian exchanges.
Soon there will be more features like building a personal profile and tracking your cryptocurrencies better, because I the end its all about efficiency.
With that said I hope you check this app out especially if you're from India.
You can download the app from Google play store - https://play.google.com/store/apps/details?id=com.vishanstudios.cratecomparer
Do you have to be from India to use this app? Or is it more open ended then that?
well, right now it's mostly for arbitrage on indian exchanges but in the future versions they would be making it slightly more useable for the international crowd. :)
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Thanks brother!