Alpha Roc Launches ALPHA API for its Cryptocurrency Trading Platform

Alpha Roc, an Arbitrage-as-a-Service Platform provider for cryptocurrency markets, has announced an open beta for the company’s machine-learning trading API. The release of the new ALPHA API is designed to allow users with limited experience with investing to leverage the company’s AI-powered algorithms for cryptocurrency arbitrage. 

Investopedia defines arbitrage as the process of “buying and selling an asset in order to profit from a difference in the asset's price between markets.” Commonly, arbitrage is a strategy seen implemented by large institutional traders with the resources to investigate trading opportunities and track outcomes in real-time. The Alpha Roc ALPHA API is designed to bring this capability to retail investors. Kris Amos, CEO of Alpha Roc stated that:

“We strongly believe that the complexity of arbitrage trading shouldn't deter users from enjoying its benefits, therefore we also decided to open up our self-serve platform for the retail crowd.”

The Alpha Roc API is currently in beta and the company’s blog has been providing useful insight into how cryptocurrency arbitrage operates.  

Be sure to read the next Cryptocurrency article: BitLaunch Releases New API and Command-Line Tool