Topic: Buy low and selling high on different exchanges - page 2. (Read 546 times)

buy low and sell high on different exchanges aka arbitrage is not an easy thing,
it's not about the people that do not know about it but instead it's because a few factors that prevent people to do that.
like this :
on coinmarketcap.com you can see a lot of exchanges that listing 'A' coin,
let say 5 exchanges : 1,2,3,4 and 5.
you can see the difference between one and another in term of price,
but people can not do that because whenever you're doing a trade on '1' you need to verify your account with document,
many people does not want to do it because they do not trust them,on '2' there're no buy order,on '3' no buy orders,on '4' they're doing a shady activity and lastly '5' is the place that you're currently doing the trade and it's the lowest one.

other than orders and account,
some of them hesitated to do it due to network.
just imagine it if you're buying coin 'S' and when you sent it to '1(exchange for example)' and it require 100 confirmation to credit your account,
does that mean you need to wait for a day or even more than that do the trade ?
if you keep doing that,the price may be goes down under your buy order because of it.
and many others that can not be explained in detail.

in conclusion arbitrage is not an easy thing because it require a lot of thing that we need to do,
plus at the same time it has risk when we're doing it

It is not as simple as you may think, the prices tend to have a difference when it comes to local exchanges, for example every time I see a Korean exchange have way higher prices, but most of the time you need to have a local bank account in that country, also if there is a big price difference that may be the sign of problems in the liquidity of the exchange so arbitrage trading has more risks than what you may think.

isthere any good and trust site fore make this profit  between different exchanges?

all site corean sud not safe 

coinone.co.kr i creat account wen i login he say false password .

Sounds easy huh? Arbitrage is not that easy as you think espevially in bitcoin price movement.

Then why not try it for yourself and see if that will give you profit. You will soon know what Im trying to say after you did some testing.

Plus all the risks that you are taking if you want to do arbitrage, a lot of exchanges, like BitHumb is pretty unsafe for making arbitrage because they can freeze your funds, the same applies to bittrex.

People will never understand that the price is always different on the exchanges that doesnt have enough volume, because nobody is buying in there.

But you can still do arbitrage if you are doing it between two good exchanges, not the crappy ones.

Here's the biggest one: GDAX had a 24-hour range of more than $6,000 today. That's more than a third of its price! The arbitrage cycle: Buy BTC on Exchange A, Sell on Exchange B, Withdraw USD to bank, Deposit USD at Exchange A, repeat.

Bank wires take days to process (and some exchanges can't even reliably process them). So while you're locked in USD trying to pick up a few %, you just missed out on a 37% move in 24 hours! That's huge opportunity missed when you could have just held BTC.

So, the biggest problem is the opportunity cost during the time you're waiting on bank transfers. Also, lots of such bank wires will attract unwanted attention from the bank, who might in turn be filing SARs on you to the government.

I think the most difficult part is to open an account in, for example, a Korean exchange... where BTC is trading high while you're based in the US, for example, where BTC is trading low...

tx fees, exchange fees and the time it takes to transmit the funds. These can make arbitrage risky.

If you find an unbalanced exchange (regarding the others), that just means the money flows are not working properly.
Or else someone (or some bot for that matter) is picking up that free money.

There is no catch, people do this all the time. Its how the price gets equalized between exchanges.

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

There are significant differences in pricing on various exchanges. What is to stop someone from buying at a low rate on one exchange, sending it across into another exchange and dumping it for a profit?

https://coinmarketcap.com/currencies/bitcoin/#markets

Can someone please explain the catch?