KoinKnight 2.0 — Ultra Fast With New Features

Ayush Mittal
KoinKnight
Published in
4 min readSep 16, 2018

We are very pleased to announce that we are bringing a whole new level of KoinKnight 2.0 that is using the cutting edge technology to help you mitigate all the cumbersome tasks like finding and calculating cryptocurrency arbitrage to us and let you simply take the advantage of the first mover and make huge.

What’s new in the store?

KoinKnight 2.0, it’s our first step toward reaching the top. We have made this version of KoinKnight by carefully keeping all the strong attributes of its predecessor and removing all the constraints that came before us to reach a level far beyond. It will not only enable you to make a quick decision but will also help you make a decision without having any second thoughts.

Data Mis-Match Problem

We know the great importance of showing the correct and latest data for every exchange otherwise it can lead to disastrous results. We have worked long on it using different techniques and technologies to not only get the correct data but the latest data too. After putting so many efforts we can very proudly say that no matter what happens now you will have all the updated data across exchanges without any latency of even a second.

Revamp in our calculation algorithm

Our calculation algorithm, we have always tried not just to show the correct combinations but also show it with super fast speed. So, after spending the countless night tweaking, revamping on our algorithm we are finally able to take it to another level by incessantly doing the calculation for arbitrage in every 10 seconds. Yes, you read it right, not whole minute but just 10 seconds. Ain’t it ultrafast?

New Filter Mechanism

What’s the point of having such a fast algorithm and latest data if you are not able to find the arbitrage that you wanted?

Everyone who has used KoinKnight has come across this problem at least once. It was one of our primary goals to fix it and, we are pleased to say that with a triumphant feeling that we have completed our work on a new kind of filter mechanism which lets you find cryptocurrency arbitrage between From exchanges and To exchanges even when there is a lot of skewed data coming from exchanges, now nobody can stop you from finding your desired arbitrage.

Integration of Price Spread inside Direct Arbitrage (INR market)

For a long time, especially after RBI regulations, we have seen you all using price spread more than the conventional arbitrage and doing calculations by yourself and that made us feel bad as then the whole point of us making KoinKnight fails.

So we have integrated all kind of spread combinations, whether you want positive or negative, you will find it all inside direct arbitrage. Now there is no need of taking assumption or doing the calculation by yourself.

Best Buy and Sell Feature

We all have come across this problem when we want to sell some coin or buy some coin for future necessity and we don’t know where to buy, am I right?

We have the solution for you, now you just need to select the coin and we will give you all the prices across the exchanges with the tag of best buy and sell to help you get the best of your investments.

New Telegram Bot Commands

We have made quite significant changes in our telegram bot by taking it a step further by integrating user input system and adding many new commands that allow you to have a peek into the best arbitrage and price movement of all kinds no matter whether you are just taking a sip of your tea or sitting in a meeting, you are just a click away to find the things you are looking for.

More exchanges in the basket

We have added many more major exchanges in our KoinKnight basket; Poloniex, OKEx, and HitBTC. We will never let you miss any arbitrage opportunities and have the upper hand in finding many more arbitrage opportunities that are available in the global market.

Now you have the latest data available, with arguably one of the fastest algorithms working continuously to calculate all kind of arbitrages and new filter mechanism to show the results according to your comfort and a page dedicated to showing you prices of coins across exchanges. What is it that still stopping you to do dive into cryptocurrency? Go and do it.

We are a small team of blockchain and cryptocurrency enthusiasts working very hard and implementing the ingenious solution to strive forward no matter how difficult the problem we face. We have many more amazing features in mind that you are gonna see soon on the platform that will further help you in decision making and even let you see arbitrages which you never thought existed before.

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Ayush Mittal
KoinKnight

Founder - KoinKnight (Blockchain & Cryptocurrency Enthusiast)