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Topic: ARBITRAGE: Bitstamp -> CEX.IO - Proof of Concept (Read 5126 times)

newbie
Activity: 280
Merit: 0
depending on the Bitcoin network, if the network is not good then just save Bitcoin for a while.

if there is a wallet from that destination, if the deposit is not available, then don't force it. as well as fees for withdrawals.
member
Activity: 420
Merit: 40
the quick way to get profit is the arbitration you call it.

but before you do that look at the cost of withdrawal, the network is good and the difference is its difference how many numbers?

if any of the 3 things are not included in the criteria, I suggest do not do arbitration, because I have waited up to 6 hours even more when the arbitration of coins and then the coin is down its price.


Are you one of the lucky ones..Sometimes you get stuck in traffic , sometimes you don't! Is there a way to avoid it? sure, walk instead of driving...
newbie
Activity: 130
Merit: 0
the quick way to get profit is the arbitration you call it.

but before you do that look at the cost of withdrawal, the network is good and the difference is its difference how many numbers?

if any of the 3 things are not included in the criteria, I suggest do not do arbitration, because I have waited up to 6 hours even more when the arbitration of coins and then the coin is down its price.
newbie
Activity: 63
Merit: 0
CEX heavily decreased withdrawal limits, like 10.000$ a month... also started blocking cards, if you want to withdraw, error pops up "Payment Amount Exceeded". I Can't withdraw for more than month now...
Specify whether you used one bank card or several? I considered cex as a good option for withdrawal to fiat money.
newbie
Activity: 24
Merit: 0
CEX heavily decreased withdrawal limits, like 10.000$ a month... also started blocking cards, if you want to withdraw, error pops up "Payment Amount Exceeded". I Can't withdraw for more than month now...
jr. member
Activity: 112
Merit: 1
I'm keeping my eyes on this upcoming ICO they are releasing the first arbitrage exchange focused on bringing in the masses with their easy to use UI and by leveling trading volatility. Arbitrage is a great way to make a profit especially once you're able to trade across the world with major exchanges by utilizing this platform.

https://bitcointalksearch.org/topic/m.31823480
CEX
legendary
Activity: 1227
Merit: 1003
I don't suggest you use cex.io for arbitrage because i am waiting for almost 2 months for them to wire me my money(since 22.12.2017) and hear from a lot of people the same problem.



The delays in processing wire payments are caused by the inability of our payment providers to process all queries in a timely manner. Still, you can be sure that your funds will reach their destination.
newbie
Activity: 7
Merit: 0
I don't suggest you use cex.io for arbitrage because i am waiting for almost 2 months for them to wire me my money(since 22.12.2017) and hear from a lot of people the same problem.

member
Activity: 420
Merit: 40
The big problem of making arbitrage between exchanges is that there are already bots doing that work very fast and very efficiently for most pairs. You'd just have to hunt for the pairs which bots didn't put themselves on work yet.

Thats not true at all, where do you get your info? In most instances...   the arbitrage between popular pairs  stays long enough to perform multiple manual action.
full member
Activity: 387
Merit: 106
The big problem of making arbitrage between exchanges is that there are already bots doing that work very fast and very efficiently for most pairs. You'd just have to hunt for the pairs which bots didn't put themselves on work yet.
member
Activity: 420
Merit: 40
Hi everyone!  Wink

I am newbie on bitcointalk.org and hope that I created thread in right place.

I have an idea how to make arbitrage between exchanges and make money without any risk.

But I am trying to undertand where I am wrong.



The idea is simple - buy bitcoin on Bitstamp @$2374.99 and sell on CEX.IO @$2540.00.
Profit is $165.01 per 1 BTC.


Could you dab me where I am wrong?  Roll Eyes

This should help Smiley
http://www.arbitrage.expert
newbie
Activity: 15
Merit: 0
What the heck happened to Cex? It's at only 1.5% premium now vs other exchanges. It used to be 8-10%.

With their shitty withdrawals this is a worthless exchange now.

Did this happen because of them partnering with other exchanges etc or because the big drop in market the overall interest is low in Cex? (Which doesn't make logical sense as Cex was always a premium market)
jr. member
Activity: 168
Merit: 1
arbitrage is very profitable but my worst fear is the change that happens when moving one exchange to another
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
Well, Arbitrage is really and cool and easiest way to make money if you are a trader but provided you have two exchanges with the bigger margin of buying and selling prices there on their trading screen. You need to make sure that you don't see any kind of commissions or big transaction charges because arbitrage is possible only when you cut the excess of transactions fees and if you time the trade correctly otherwise you will be breakeven on most of the occasions. I have tried it many times on stock exchanges while trading stocks.
legendary
Activity: 2926
Merit: 1131
Can I make a question very silly but that I need to be answered. You say you buy lower at Bitstamp and then you sell an higher price at Cex.io.
Ok I undertand this, but when does Cex.io knows that my position is not a short position and that I have already bought it elsewhere?
Does the system do it automatically?
Or do I need to prove it to them about my long position elsewhere?
I am a novice, so please just be easy and try to explain this to me.
Thanks in advance to anyone who will give the right answer.

Alessandro
first understand trading in general before considering anything else.
Bitcoin trading is not forex or any of this rubbish.
You buy real btc , send real btc and sell real btc elsewehere. So no need of short/long positons.
newbie
Activity: 1
Merit: 0
Can I make a question very silly but that I need to be answered. You say you buy lower at Bitstamp and then you sell an higher price at Cex.io.
Ok I undertand this, but when does Cex.io knows that my position is not a short position and that I have already bought it elsewhere?
Does the system do it automatically?
Or do I need to prove it to them about my long position elsewhere?
I am a novice, so please just be easy and try to explain this to me.
Thanks in advance to anyone who will give the right answer.

Alessandro
newbie
Activity: 24
Merit: 0
CEX now has lower price than Bitstamp or BIttrex, does anyone knows what might be the cause??
legendary
Activity: 1946
Merit: 1137
Arbs only happen, of course, in times of high volatility. Otherwise - the markets are very well optimised given the number of bots operating.

The "arb" from exchange to OTC remains open though! And some currency pairs into OTC

Good Luck

what do you mean by OTC? something like peer to peer exchange, off exchanges and selling to people, like what they do on localbitcoins?
if that is true, then i don't think you can call it "arb"itrage trading anymore. it is just buy low and sell high to people who don't want to go to exchanges to buy cheap! it is more like a business, and you have to gain "customers" by building up some reputation.
newbie
Activity: 6
Merit: 0
Arbs only happen, of course, in times of high volatility. Otherwise - the markets are very well optimised given the number of bots operating.

The "arb" from exchange to OTC remains open though! And some currency pairs into OTC

Good Luck
member
Activity: 113
Merit: 10
Hey guys,

has anybody of you ever used the withdraw to VISA function on CEX.io successfully?

Because the biggest hurdle to arbitrage trading on cex.io as I see it is the setting up the fiat side of the circle, since the normal transfer options like SEPA can take weeks according to multiple post on this forum.


I used cex.io withdrawal function many times. Of course, sometimes there may be a bit of a delay,  but in most cases the withdrawal is completed instantly. It is another reason I chose it for arbitrage.
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