Quantum Loop

Strategy Overview: Quantum Loop involves exploiting price differences between three different trading pairs within a single exchange. It capitalises on the inefficiencies in the pricing of these pairs to generate profit.

Setup and Configuration:

1. Select Exchange:

   • Choose one exchange where you want to perform Quantum Loop (e.g., Binance).

2. API Integration:

   • Integrate your API keys for the selected exchange in the Bitedge dashboard.

3. Set Parameters:

   • Specify the three trading pairs involved (e.g., BTC/ETH, ETH/USDT, USDT/BTC).

   • Set the minimum profit threshold to ensure profitable trades.

   • Define the amount per trade.

Execution Steps:

1. Monitor Price Differences:

   • Bitedge continuously monitors the price of the selected trading pairs on the chosen exchange.

2. Identify Profit Opportunities:

   • When a price difference that meets the minimum profit threshold is identified, the bot prepares to execute the trades.

3. Execute Trades:

   • The bot buys the first asset with the base currency, converts it to the second asset, and then converts the second asset back to the base currency.

4. Confirm Trade Completion:

   • Bitedge confirms the completion of all trades and calculates the profit.

Example Scenarios:

1. Scenario 1: BTC/ETH, ETH/USDT, USDT/BTC:

   • Buy BTC with USDT.

   • Convert BTC to ETH.

   • Convert ETH back to USDT.

   • Profit: The difference in USDT before and after the trade (before fees).

2. Scenario 2: LTC/BTC, BTC/USDT, USDT/LTC:

   • Buy LTC with USDT.

   • Convert LTC to BTC.

   • Convert BTC back to USDT.

   • Profit: The difference in USDT before and after the trade (before fees).

Note : trades will start from BTC, ETH and USDT in Quantum Loop strategy and will be settled in same currency as from what it is initiated.