BitToN has partnered with XChangeOn, which is an open-source arbitrage crypto exchange and the official partner of the Cricket World Cup. The partnership will enable users to connect to automated arbitrage, real-time market data, and trade on a more transparent execution layer.
By collaborating towards the big global sporting event, BitToN’s massive audience and XChangeOn’s developed technology stack will enable both platforms to reach new users and enhance activity around systematic cross-market opportunities.
What XChangeOn Brings to BitToN Users
XChangeOn makes arbitrage very easy since it does not require a user to scan the market manually, and instead the user can take advantage of arbitrage in prices across various venues.
It has an artificial intelligence engine, Kraanti, that constantly searches across dozens of exchanges and thousands of tokens for viable spreads, which it then highlights to participants so they can concentrate on the execution rather than the research side.
Traders have an avenue to go long and short without any traditional liquidity risk, as well as peer-to-peer settlements being processed without a fee, which means their settlement flow is faster and cleaner.
The system of the platform allows tiered participation, i.e., the various levels of participation correspond to the various levels of yield expectation, and referral mechanics enable a transparent system of incentives to contributors.
BiTon x XChangeOn: Market Implications
Such a collaboration has the potential to change the arbitrage process in retail and semi-professional trading and reduce the barrier to entry by making it less technical and operationally less intensive.
The liquidity that is left idle may be put through the more efficient price-discovery processes when arbitrage is made simpler and safer to undertake.
The culture around the Cricket World Cup also provides a culture and promotional game path to entice new users seeking to invest that may not have considered purposive trading before, hence compelling the speed of the capital moving across such fragmented markets.
Strategic Outlook
For BitToN, the collaboration with XChangeOn will contribute to improving the positioning in the market as a utility and community-based platform that offers real trading tools.
In the case of XChangeOn, the ability of BitToN to reach its audience puts XChangeOn into a better position to reach new markets that are desperate for transparent and effective financial products.
The proposed campaign with the original bonuses and rewards to users should contribute to the early adoption and activity, but the specifics will be released in the near future.
If the collaboration is successful, it could serve as an example for event-driven cryptocurrency partnerships that incorporate user incentives, technological convenience, and real-time market advantages, thereby empowering both ecosystems and encouraging sustained involvement in arbitrage strategies.
