Arbbot – Open Source Bitcoin/Altcoin Arbitrage Trading Bot

bitonix

newbie

Activity: 28

Merit: 0

Quote from: arbbotdev on November 25, 2017, 11:01:45 AM

The bot checks for altcoins, which are traded on both Poloniex and Bittrex and compares their prices. If the difference is big enough to earn at least some satoshis (after deducting transfer fees), it enters the trade. The bot records its activities and exchange rates in a database and uses this information to reinvest a portion of its profits into the most profitable (in terms of arbitragable) altcoin. Additionally, the amount of held altcoins is calculated based on their exchange rate. This allows the bot to profit from hyped (PnD) coins. You can see the bot running on a $5 Digital Ocean VPS here: http://178.17.174.178/

Screenshot: https://i.imgur.com/XcmnfGt.png

GitHub link: https://github.com/opencryptotrader/arbbot

Feedback & contributions are highly appreciated.

Moreover there are a number of system that does that already

davis196

hero member

Activity: 3164

Merit: 937

Quote from: arbbotdev on November 25, 2017, 11:01:45 AM

The bot checks for altcoins, which are traded on both Poloniex and Bittrex and compares their prices. If the difference is big enough to earn at least some satoshis (after deducting transfer fees), it enters the trade. The bot records its activities and exchange rates in a database and uses this information to reinvest a portion of its profits into the most profitable (in terms of arbitragable) altcoin. Additionally, the amount of held altcoins is calculated based on their exchange rate. This allows the bot to profit from hyped (PnD) coins. You can see the bot running on a $5 Digital Ocean VPS here: http://178.17.174.178/

Screenshot:

GitHub link: https://github.com/opencryptotrader/arbbot

Feedback & contributions are highly appreciated.

What`s the point of a bot earning a few satoshis as profit per trade?You will make a few bucks after one month ,even if you run the bot for 24/7.What if the bot crashes?Anyway,i like when people like you create something useful and give it away for free.Maybe such bot would help some newbies with little capital to invest.The people could get a 25$ free Digital Ocean coupon ,when they sign up at Codeahywhere,and try this bot.

arbbotdev

newbie

Activity: 2

Merit: 0

The bot checks for altcoins, which are traded on both Poloniex and Bittrex and compares their prices. If the difference is big enough to earn at least some satoshis (after deducting transfer fees), it enters the trade. The bot records its activities and exchange rates in a database and uses this information to reinvest a portion of its profits into the most profitable (in terms of arbitragable) altcoin. Additionally, the amount of held altcoins is calculated based on their exchange rate. This allows the bot to profit from hyped (PnD) coins. You can see the bot running on a $5 Digital Ocean VPS here: http://178.17.174.178/

Screenshot: https://i.imgur.com/XcmnfGt.png

GitHub link: https://github.com/opencryptotrader/arbbot

Feedback & contributions are highly appreciated.

Topic: Arbbot – Open Source Bitcoin/Altcoin Arbitrage Trading Bot (Read 266 times)