Topic: Arbitrage (Read 1353 times)
We can`t really define the good coin that is good in arbitrage because we have to research them in different exchanges. i do not use arbitrage as my strategy because I think it gonna lose me in transaction fees plus the hours that I am waiting to transfer it into another exchanges. However, I find it also more convenient when the trader has a lot of capital used to buy coins and sell them into another exchanges. Most of the time, we can buy coins to those who are not having liquidity, those dex but we have to be careful because sometimes, the ticker and name might confuse us.
Hello everyone, we are a group of computer science and economics students from the University of Trento and we are developing an arbitration bot between DEX.
If someone wants to support us with a donation or help us in any other way we are open to anything.
(if someone makes a donation, please write to PM to get a copy of the developed code)
BTC: 1LHqKXEs4Vk5LoNk63AD4h7BUF82ouJXr3
ETH: 0xe5a52B06d33C98e94303588f03125244d766DA26
If someone wants to support us with a donation or help us in any other way we are open to anything.
(if someone makes a donation, please write to PM to get a copy of the developed code)
BTC: 1LHqKXEs4Vk5LoNk63AD4h7BUF82ouJXr3
ETH: 0xe5a52B06d33C98e94303588f03125244d766DA26
By looking at different websites like the one below, I can find quite a bit arbritage opportunities in crypto. Some of them around 3 or 4% gain.
The only thing that is preventing me to take profit from them are taxes.
Is any of you doing crypto arbitrage? How do you deal with the taxes when you have multiple transactions every day?
https://cryptonewsandprices.me/arbs/
The only thing that is preventing me to take profit from them are taxes.
Is any of you doing crypto arbitrage? How do you deal with the taxes when you have multiple transactions every day?
https://cryptonewsandprices.me/arbs/
Arbitrage is totally different from speculation, you need not to confuse the two. Bitcoin gold was highly speculative cryptocurrency and you making almost more than 200% profit is share luck! Arbitrage is however more intentional than speculations!
So I see a lot of price discrepancies as I look at coins. I was wondering if arbitrage is effective and what coins to look for that offer the best results. For example, I bought a bunch of BTG for $74 and then later sold it when it hit bittrex for more than $300. Also, is this even legal?
It's completely legal and no one forbids you to do that. Because the Crypto market is a decentralized market and there are no rules. You can make a lot of money in any way you want. So this is a pretty interesting market but it's risky. 
This is mBOT - An Intro to the mBOT Arbitrage Trading Dashboard
https://www.youtube.com/watch?v=YI5LreAgYlU&feature=youtu.be
https://www.youtube.com/watch?v=YI5LreAgYlU&feature=youtu.be
Yes Arbitrage is a great and legal way to profit, there are no regulations against it right now and possibly ever. I believe in this ICO bc they are aiming to make crypto easier to enter for all with their novice friendly UI and the first ever arbitrage exchange that will allow for less market volatility which keeps so many inexperienced and afraid people on the sidelines. Arbitrage will provide a greater opportunity to profit in this economy.
https://bitcointalksearch.org/topic/m.31823480
https://bitcointalksearch.org/topic/m.31823480
I've been following the crypto game for a while now and enjoyed some pretty nice arb opportunities back in the early bitcoin days, but what i can tell you now is that these opportunities are gone and the prices are now all aligned because of the proliferation of bots and arbitragers
The only price differences you see today are always here for one reason; the exchange is either a total scam; wallets are disabled or volatility / risk is extreme and arbitrage doesn't make any sense
It is a waste of your time and money imo pursuing that endeavour, as it is now becoming exclusively reserved to well funded and staffed professionals who can deploy low latency bots with very sophisticated strategies
The only price differences you see today are always here for one reason; the exchange is either a total scam; wallets are disabled or volatility / risk is extreme and arbitrage doesn't make any sense
It is a waste of your time and money imo pursuing that endeavour, as it is now becoming exclusively reserved to well funded and staffed professionals who can deploy low latency bots with very sophisticated strategies
There's a catch with the arbitrage you see on the coinmarketcap exchange prices. A lot of these wallets are often under maintenance, thus "freezing" their price. So making withdrawals of these coins to another exchange becomes impossible. This isn't always the case, but is often the case particularly with coins that have a high daily volume.
That's right, make sure to always be on an exchange with a high volume otherwise you won't have any sell orders filled. I like to spread my coins/tokens over several exchanges and have enough bitcoin on hand to exact a quick arbitrage deal when i see them.
There's a catch with the arbitrage you see on the coinmarketcap exchange prices. A lot of these wallets are often under maintenance, thus "freezing" their price. So making withdrawals of these coins to another exchange becomes impossible. This isn't always the case, but is often the case particularly with coins that have a high daily volume.
Now albitraging is very difficult and risky, because custom-created bots do it. Risky business is albitrage, because it does not accept mistakes. The smallest number error causes the coin to be in another adrese or some other amount.
I really agree with you, and I'm having bad things with arbit. some Stocks often monopolize coins and it is very difficult to do so.Some wallets do not work well, and the biggest risk is we lose our assets. this is very dangerous. and I stay away from it now.
Yes it is legal like everyone said. It is also profitable and many people use robot as helper to make the transaction quicker.
And suggest to not use bitcoin to arbitrage because long time confirmation.
And suggest to not use bitcoin to arbitrage because long time confirmation.
Did you also use "robot"? If you use robot could you share here please? Sorry if my question is "freak". I'm new on cryptocurrency and I want to learn about trading. Thanks
There are a couple of arbitrage bots available, some are even free.
I've personally only used the arbitrage function in Haasbot, but it was at a time of relative market stability, so I didn't make too much with it.
You can check it out here: https://www.haasonline.com
I'll share a list below of all the arbitrage bots I can find, some paid, some free.
https://github.com/butor/blackbird - free and in development
https://gekko.wizb.it/ - free, has some arb functionality but isn't really built for it.
https://github.com/maxme/bitcoin-arbitrage - free but updated infrequently
https://www.haasonline.com - Paid, subscriptions start at 0.035 BTC for 3 months
Okay thanks for your information. It’s really help me cause I’m new om cryptocurrency.
I have seen an Arbitrage opportunity on a few occasions between different exchanges but almost every time one or the other exchange
has had the wallet in maintenance mode so I was unable to take advantage.
The last one was last week with SIA between Bittrex and Poloniex but again wallets were not useable.
If you can take advantage of the situation while making a gain its a great tool to keep an eye on,
but you would have to consider trading and transfer fees!
i think the tips is do not to arbitrage on a big exchange mate, because when you see the difference in price at a certain altcoin price, maybe within minutes the arbitrage opportunity is already taken by someone else because marketcap and user is large, look for small exchanges, there are many altcoins there and lots of striking price differences between small exchange sites with one another, I often utilize ithas had the wallet in maintenance mode so I was unable to take advantage.
The last one was last week with SIA between Bittrex and Poloniex but again wallets were not useable.
If you can take advantage of the situation while making a gain its a great tool to keep an eye on,
but you would have to consider trading and transfer fees!
Ah ok. so there are still opportunities out there for gains!
Thanks for the heads up
I think this is legal, like all coins that are just and coin like gold coins exchanged.
I have seen an Arbitrage opportunity on a few occasions between different exchanges but almost every time one or the other exchange
has had the wallet in maintenance mode so I was unable to take advantage.
The last one was last week with SIA between Bittrex and Poloniex but again wallets were not useable.
If you can take advantage of the situation while making a gain its a great tool to keep an eye on,
but you would have to consider trading and transfer fees!
i think the tips is do not to arbitrage on a big exchange mate, because when you see the difference in price at a certain altcoin price, maybe within minutes the arbitrage opportunity is already taken by someone else because marketcap and user is large, look for small exchanges, there are many altcoins there and lots of striking price differences between small exchange sites with one another, I often utilize it has had the wallet in maintenance mode so I was unable to take advantage.
The last one was last week with SIA between Bittrex and Poloniex but again wallets were not useable.
If you can take advantage of the situation while making a gain its a great tool to keep an eye on,
but you would have to consider trading and transfer fees!
Is arbitrage really profitable and safe? When I look to bitcoin price on coinmarketcap, and ignoring the arbitrage possibilities on korean exchanges, since I believe you can't really trade there unless you are Korean, I normally only find arbitrage possibilites on Gdax, that normally has a premium on it's BTC/Eur pair, compared to other exchanges. It's not a huge difference, and sometimes it doesn't even cover fees to be profitable, but some other times it's viable.
Right now I only see a problem with arbitrage. Unless you have accounts in multiple exchanges and all of them with a decent amount of funds, you won't be able to take advantage of these arbitrage offers. I see them, but by the time it would take me to deposit and close the deal, the price diference would probably be gone. Also, if you don't have big amounts of money on all these exchanges, you will not gain much as well.
Do you guys use any methods to try to solve these problems? Or do you simply have a lot of cash spread around exchanges, and can take advantage or arbitrage offers?
Right now I only see a problem with arbitrage. Unless you have accounts in multiple exchanges and all of them with a decent amount of funds, you won't be able to take advantage of these arbitrage offers. I see them, but by the time it would take me to deposit and close the deal, the price diference would probably be gone. Also, if you don't have big amounts of money on all these exchanges, you will not gain much as well.
Do you guys use any methods to try to solve these problems? Or do you simply have a lot of cash spread around exchanges, and can take advantage or arbitrage offers?
Now albitraging is very difficult and risky, because custom-created bots do it. Risky business is albitrage, because it does not accept mistakes. The smallest number error causes the coin to be in another adrese or some other amount.
Yes it is legal like everyone said. It is also profitable and many people use robot as helper to make the transaction quicker.
And suggest to not use bitcoin to arbitrage because long time confirmation.
And suggest to not use bitcoin to arbitrage because long time confirmation.
Did you also use "robot"? If you use robot could you share here please? Sorry if my question is "freak". I'm new on cryptocurrency and I want to learn about trading. Thanks
There are a couple of arbitrage bots available, some are even free.
I've personally only used the arbitrage function in Haasbot, but it was at a time of relative market stability, so I didn't make too much with it.
You can check it out here: https://www.haasonline.com
I'll share a list below of all the arbitrage bots I can find, some paid, some free.
https://github.com/butor/blackbird - free and in development
https://gekko.wizb.it/ - free, has some arb functionality but isn't really built for it.
https://github.com/maxme/bitcoin-arbitrage - free but updated infrequently
https://www.haasonline.com - Paid, subscriptions start at 0.035 BTC for 3 months
I have seen an Arbitrage opportunity on a few occasions between different exchanges but almost every time one or the other exchange
has had the wallet in maintenance mode so I was unable to take advantage.
The last one was last week with SIA between Bittrex and Poloniex but again wallets were not useable.
If you can take advantage of the situation while making a gain its a great tool to keep an eye on,
but you would have to consider trading and transfer fees!
has had the wallet in maintenance mode so I was unable to take advantage.
The last one was last week with SIA between Bittrex and Poloniex but again wallets were not useable.
If you can take advantage of the situation while making a gain its a great tool to keep an eye on,
but you would have to consider trading and transfer fees!
My 2 cents, go for exchanges that most times have a better price for currency. For example Indian exchanges always have higher price for bitcoin than US exchanges, gives you more predictability. Though there are better ways to make money in cryptos than this IMO
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