There is no automated arbitraging tools available, as far as i know, but i'm using as referrence the arbitrage function of the cryptopia exchange eventhough there are so few exchanges listed there but it helps me a lot while doing arbitrage trading.
I have been into PHP programming since a few years already, I think that both systems have an API, it shouldn't be impossible to create a small system for Arbitrage... @CoinTrader, I was also looking for anyone who could help me to configure / setup a trading bot. I've seen a lot of different bots, but I can't find anyone offering to make a basic bot setup for trading, for those that don't have expertise in the field.
May I contact you over skype?
Thanks!
There is an API on both websites so I think it is possible to do this but you would need large amounts of capital on both websites as well be verified on both websites. I don't know about you but I don't want to be verified everywhere unless I have to and at the same time I don't have tons of capital on both websites. In theory it is doable, in practice it is a lot harder than it looks.
Yes, correct, that's exactly what I was thinking... to connect somehow to the API and then simply move between both websites. The verification process wasn't hard for me on those... in the other hand, why do you believe that a "tons of capital" would be required to make profits?; From my point of view... if there's a margin, on each operation and it can be repeated over and over by a script, then it shouldn't require a fortune... - I don't know how much money you would say it's required in any case.
