Exchange And Arbitrage Advice | Bitcointalksearch.org

alyssa85

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Quote from: FFMK on November 03, 2014, 07:31:30 PM

Looking for information and tips on crypto exchange arbitrage .. Is there a site or software that compares different exchanges order books?

It's not really profitable because most exchanges need 6 confirmations, which take an hour, by which time the price has moved. If transferring coins and getting them confirmed within a minute were possible, no doubt there'd be more arb stuff including software, and other arb services.

Dassi

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Quote from: FFMK on November 03, 2014, 07:31:30 PM

Looking for information and tips on crypto exchange arbitrage .. Is there a site or software that compares different exchanges order books?

I do not think there is. One has to monitor the exchange sites individually to see when it's best to do arbitrage trading but one has to be trading with at least 1 btc to make some profit (if any) above all the fees.

bl4kjaguar

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You can do arbitrage on https://orderbook.net, formerly https://ICBIT.se

Here is a guide:
ICBIT.SE for Dummies

YinShuiSiYuan

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Quote from: peeveepee on November 07, 2014, 11:59:51 AM

Quote from: sandykho47 on November 07, 2014, 07:50:35 AM

IT's hard to get profit from arbitrage advice
I think you should use tradinf bot, it will give you more profit than arbitrage bot.

And you need to prepare a lot of things to get started.
If you only have small money/bitcoin to start, your profit will be extremely low / don't get any profit because some other cost.

Altcoin trading / arbitrage is much more profitable, even the risk is higher

So, which bot is profitable where I can enjoy the sun and let the bot do the work?

There is no such thing as free money, and this is what you are asking for.

The overall opportunities for arbitrage have generally fallen because bitcoin markets have gotten more efficient, and the difference of prices between exchanges has generally fallen to below the trading costs at exchanges

H.W.Z

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no ppl are willing to give out their profitable trading advice. You have to find out by yourself.

eizh

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Quote from: peeveepee on November 07, 2014, 11:59:51 AM

So, which bot is profitable where I can enjoy the sun and let the bot do the work?

If someone knew, they wouldn't give out the information because it would shortly stop being profitable. Tongue

peeveepee

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Quote from: sandykho47 on November 07, 2014, 07:50:35 AM

IT's hard to get profit from arbitrage advice
I think you should use tradinf bot, it will give you more profit than arbitrage bot.

And you need to prepare a lot of things to get started.
If you only have small money/bitcoin to start, your profit will be extremely low / don't get any profit because some other cost.

Altcoin trading / arbitrage is much more profitable, even the risk is higher

So, which bot is profitable where I can enjoy the sun and let the bot do the work?

sandykho47

sr. member

Activity: 252

Merit: 251

Knowledge its everything

IT's hard to get profit from arbitrage advice
I think you should use tradinf bot, it will give you more profit than arbitrage bot.

And you need to prepare a lot of things to get started.
If you only have small money/bitcoin to start, your profit will be extremely low / don't get any profit because some other cost.

Altcoin trading / arbitrage is much more profitable, even the risk is higher

deepestfear

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Bitcoinity? Not sure they do order books though
As people have said, the arb has likely been traded away by trader bots and HF traders

kolloh

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Yeah, I'm sure its too common now to be profitable.

dadugan

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It can't be done in current environment.

It used to be profitable because no one was doing it. Not anymore.

misterpressman

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This man needs answer. Anyone?

FFMK

newbie

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Looking for information and tips on crypto exchange arbitrage .. Is there a site or software that compares different exchanges order books?

Topic: Exchange And Arbitrage Advice (Read 2322 times)