DinoTrader. find negative spread between two exchanges.

Dinotrader

newbie

Activity: 4

Merit: 0

Quote from: mrayazgul on August 21, 2017, 03:42:08 AM

Is this simply the difference and how often is it updated? Also if it's going to be used in an Arbitrage situation is there taking into account fees for the transaction back and forth and on both forums . It will be helpful if you can give a little more details about your tool. Actually i am trading on few exchanges and it will be great if i had a tool which can show me coins prices from all the exchanges at a single glance. That would be just great for all of the traders out there.

Hi,

Sorry for my slow reply!

The tool is updating every few seconds. It's just showing the prices from exchanges with a negative spread. So it's helping to find an opportunity.

You are asking a tool for coinprices from all exchanges. We just launched a tool like that:
https://dinotrader.com/buy-sell-cryptos-for-the-best-price/

Check also the same tool with more detail info:
And for more detail: https://tools.dinotrader.com/coins.php?embed=0&simple=0&coin=eth

And again, feedback is welcome!

Greetings,
DinoTrader

mrayazgul

hero member

Activity: 560

Merit: 500

Quote from: Dinotrader on August 16, 2017, 10:31:45 AM

Hi,

3 days ago we launched a new tool. A tool thats helping you to find trades with instant profit, pairs (like BTC/NEO, ETH/OMG etc.) with a negative spread between two exchanges.

At this moment we have connected 8 exchanges:

Bittrex
Coinexchange
Cryptopia
Hitbtc
Kraken
Liqui
Novaexchange
Poloniex

More exchanges will follow soon. (please tell us which exchange should be added next)

We decided to launch the tool as open alpha. A period where all the features are for free!
If you used the tool, please give us some feedback.

You can find the tool at: https://tools.dinotrader.com

Example:

Important to know:
We provide public market information, we do not give advice. Using this information for trading is at your own risk. Do your own research. It's still in alpha status, so double check what you are doing every trade!

Greetings,
DinoTrader
https://tools.dinotrader.com

Is this simply the difference and how often is it updated? Also if it's going to be used in an Arbitrage situation is there taking into account fees for the transaction back and forth and on both forums . It will be helpful if you can give a little more details about your tool. Actually i am trading on few exchanges and it will be great if i had a tool which can show me coins prices from all the exchanges at a single glance. That would be just great for all of the traders out there.

rsbriggs

full member

Activity: 427

Merit: 100

This is one of the most outstanding project that i have seen this year and i am totally satisfied with it.

I discovered that the op want to make it to remain a free access and that is the reason for the donation link, i will advise that you should add the following types of adverts for addition income since your website shall attract people on daily if not on hourly basis.

Adverts types

Create space where people can buy banner ads from you.
Add google adsense if you like it

tsaroz

legendary

Activity: 3094

Merit: 1069

DGbet.fun - Crypto Sportsbook

Quote from: btcton on August 17, 2017, 12:14:00 AM

I am not sure that this would even work as many arbitration parties are already set out to do this and use optimal locations with low latency to exchanges in order to do this in a much quicker manner. I see very little opportunity for other parties to accomplish similar results as any significant amount of people trying the same method would get the profit from price differences before you could even see it, most likely. In fact, this is the reason why exchanges are usually around the same price for crypto. The trade fees also present another barrier.

This is true. There are highly advance bots in place to find the arbitrage between exchanges and auto exchange/withdraw/deposit to gain that profit. Manual users will just lose the transaction fees trying to do it.

btcton

legendary

Activity: 1302

Merit: 1007

I am not sure that this would even work as many arbitration parties are already set out to do this and use optimal locations with low latency to exchanges in order to do this in a much quicker manner. I see very little opportunity for other parties to accomplish similar results as any significant amount of people trying the same method would get the profit from price differences before you could even see it, most likely. In fact, this is the reason why exchanges are usually around the same price for crypto. The trade fees also present another barrier.

Dinotrader

newbie

Activity: 4

Merit: 0

Quote from: kolesozw on August 16, 2017, 12:23:30 PM

Indeed very nice site.

May I suggest you to lower the header text size for choosing options? Because now even on a big screen "XX opportunities found" is at best at bottom. In most cases is not even visible on 1st screen. This is hurting your site's potential.

Good point, thanks!

Dinotrader

newbie

Activity: 4

Merit: 0

Quote from: mk4 on August 16, 2017, 11:43:24 AM

Very interesting tool. In terms of profitability I'm not sure how helpful this will be since I think offers like this are usually bought/sold in just a couple of seconds. But very interesting nonetheless, goodjob. table user interface currently sucks, but I understand since it's in alpha. Looks like you're using bootstrap, maybe use the same bootstrap components for the tables, and edit a bit of CSS so your site won't just look like a typical bootstrap site. Goodluck!

Suggestion: Change the donation link to "bitcoin:195Pajud2vVrsuTPv1UeBfDuBDeNExCcUE" instead of linking back to your site.

Thanks for you feedback! And yes, its Alpha, so we didn't spend time on the design. We will put your suggestions on the to do list.

About the profitability. We tested the tool and made nice profitable trades.

The profitability depends on:
1. trading volume
2. confirmation time
3. bid size
4. market volatility

It can be a good strategy to buy at low volume markets/exchanges, and sell at high volume markets/exchanges.
Another strategy, place low bids at markets with a wide spread, and wait for somebody who fill your order.

Greetings!

kolesozw

legendary

Activity: 1316

Merit: 1004

FRX: Ferocious Alpha

Indeed very nice site.

May I suggest you to lower the header text size for choosing options? Because now even on a big screen "XX opportunities found" is at best at bottom. In most cases is not even visible on 1st screen. This is hurting your site's potential.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Very interesting tool. In terms of profitability I'm not sure how helpful this will be since I think offers like this are usually bought/sold in just a couple of seconds. But very interesting nonetheless, goodjob. table user interface currently sucks, but I understand since it's in alpha. Looks like you're using bootstrap, maybe use the same bootstrap components for the tables, and edit a bit of CSS so your site won't just look like a typical bootstrap site. Goodluck!

Suggestion: Change the donation link to "bitcoin:195Pajud2vVrsuTPv1UeBfDuBDeNExCcUE" instead of linking back to your site.

Dinotrader

newbie

Activity: 4

Merit: 0

Hi,

3 days ago we launched a new tool. A tool thats helping you to find trades with instant profit, pairs (like BTC/NEO, ETH/OMG etc.) with a negative spread between two exchanges.

At this moment we have connected 8 exchanges:

Bittrex
Coinexchange
Cryptopia
Hitbtc
Kraken
Liqui
Novaexchange
Poloniex

More exchanges will follow soon. (please tell us which exchange should be added next)

We decided to launch the tool as open alpha. A period where all the features are for free!
If you used the tool, please give us some feedback.

You can find the tool at: https://tools.dinotrader.com

Example:
http://dinotrader.com/wp-content/uploads/2017/08/dinotrader-opporunitys.png

Important to know:
We provide public market information, we do not give advice. Using this information for trading is at your own risk. Do your own research. It's still in alpha status, so double check what you are doing every trade!

Greetings,
DinoTrader
https://tools.dinotrader.com

Topic: DinoTrader. find negative spread between two exchanges. (Read 557 times)