Another way to arbitrage BTC - page 2.

ikydesu

hero member

Activity: 686

Merit: 500

fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!

https://en.wikipedia.org/wiki/Arbitrage

Quote from: calamar182 on September 21, 2015, 11:33:20 AM

There's another way to arbitrage with bitcoin?

In this link I see that they are doing somthing like buying BTC in cheap exch and sell BTC to USD in another, when price correlate, sell BTC to USD and buy BTC in the other, without doing transfers between exchanges, someone tried it or it is possible?
-snip-

You need to transfer the fund, if you want earn profit, because basically, you buy on cheap exchange rate and sell on exchange which have high rate.

PolarPoint

hero member

Activity: 672

Merit: 500

That is arbitrage for people who has enough money and bitcoin to fund both transactions without transferring between the exchanges. It's not new. Bear in mind that this way, trader is exposed to double the risk of exchange "hacking".

coinpr0n

hero member

Activity: 910

Merit: 1000

Isn't that the definition of arbitrage? Obviously you must be funded on both exchanges and cannot be transfering between them using the Bitcoin blockchain as that exposes you to too much risk.

calamar182

newbie

Activity: 58

Merit: 0

There's another way to arbitrage with bitcoin?

In this link I see that they are doing somthing like buying BTC in cheap exch and sell BTC to USD in another, when price correlate, sell BTC to USD and buy BTC in the other, without doing transfers between exchanges, someone tried it or it is possible?

http://obsidianexchange.com/cross-exchange-bitcoin-arbitrage/

And look at this shit, it is possible to do arbitrage with BTCUSD-BTCEUR agains EURUSD?

[img=http://s12.postimg.org/h57ix7149/btcusd_eur_arbit.jpg]

Topic: Another way to arbitrage BTC - page 2. (Read 3221 times)