Coin arbitration between marketplaces

bicork

full member

Activity: 334

Merit: 102

Quote from: Amadues on June 10, 2017, 05:42:17 AM

Quote from: bicork on June 09, 2017, 09:15:19 PM

Hey guys.
I'd like to discuss some arbitration schemes between exchanges. Maybe you know if it is economically efficient to buy btc on 1 exchange, transfer it to exchange 2, than buy some altcoin on exchange 2 and transfer it to exchange 3 and exchange back to btc and transfer it back to exchange 1? I mean, some this types of processes.

So you want to take advantage with transferring coins between exchanges which have huge rate difference.What about service fees for trading and withdraw fees? Did you take into consideration the miner's fee on every single transaction? Will it be all worth in the end?

Today I've read an article about it: http://www.coinspeaker.com/2017/06/10/real-life-example-arbitrage-bitcoin-ethereum/
Check it out

Amadues

hero member

Activity: 924

Merit: 1001

Quote from: bicork on June 09, 2017, 09:15:19 PM

Hey guys.
I'd like to discuss some arbitration schemes between exchanges. Maybe you know if it is economically efficient to buy btc on 1 exchange, transfer it to exchange 2, than buy some altcoin on exchange 2 and transfer it to exchange 3 and exchange back to btc and transfer it back to exchange 1? I mean, some this types of processes.

So you want to take advantage with transferring coins between exchanges which have huge rate difference.What about service fees for trading and withdraw fees? Did you take into consideration the miner's fee on every single transaction? Will it be all worth in the end?

bicork

full member

Activity: 334

Merit: 102

Quote from: Fredomago on June 09, 2017, 09:44:22 PM

Quote from: bicork on June 09, 2017, 09:15:19 PM

Hey guys.
I'd like to discuss some arbitration schemes between exchanges. Maybe you know if it is economically efficient to buy btc on 1 exchange, transfer it to exchange 2, than buy some altcoin on exchange 2 and transfer it to exchange 3 and exchange back to btc and transfer it back to exchange 1? I mean, some this types of processes.

its always possible the concerned is the fee and the speed of transfer, those things already been done before even cryptopia have this feature you can
use the arbitrage information to buy alts from different exchange and take advantage of gaining profits just needed to look closer and always have a ready btc to transfer from one exchange to another.

Thanks for your answer!
Maybe you know any cases?

Fredomago

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Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: bicork on June 09, 2017, 09:15:19 PM

Hey guys.
I'd like to discuss some arbitration schemes between exchanges. Maybe you know if it is economically efficient to buy btc on 1 exchange, transfer it to exchange 2, than buy some altcoin on exchange 2 and transfer it to exchange 3 and exchange back to btc and transfer it back to exchange 1? I mean, some this types of processes.

its always possible the concerned is the fee and the speed of transfer, those things already been done before even cryptopia have this feature you can
use the arbitrage information to buy alts from different exchange and take advantage of gaining profits just needed to look closer and always have a ready btc to transfer from one exchange to another.

bicork

full member

Activity: 334

Merit: 102

Hey guys.
I'd like to discuss some arbitration schemes between exchanges. Maybe you know if it is economically efficient to buy btc on 1 exchange, transfer it to exchange 2, than buy some altcoin on exchange 2 and transfer it to exchange 3 and exchange back to btc and transfer it back to exchange 1? I mean, some this types of processes.

Topic: Coin arbitration between marketplaces (Read 303 times)