Author

Topic: Exchange currencies with profit (Read 201 times)

jr. member
Activity: 64
Merit: 1
September 11, 2019, 10:34:34 PM
#7
It is 100% scam. It is impossible arbitrage can profit 40% in 7 days. I did arbitrage trading when I work for prop trading company back few years ago. Even if we go back about 8 years ago when it is highly profitable to arbitrage CME Gold Price with China Gold Price, the highest return are just about 80-120% per annum and of course it consist of risk and professional to do this. In these days, you will laugh like a lunatic if you can get 20% per annum for doing the same thing.

If you are really interested looking for arbitrage in Coins nowadays, you can check below websites.

https://rates.guru/en/arbitrage/crypto/

But from what I research on this website even thought stated 40-50% profit, it is just because there are no volume on those altcoins, not real opportunity.
hero member
Activity: 1106
Merit: 502
September 11, 2019, 02:44:00 PM
#6
Ponzi and looks scam.
I am not interested and choose to comply with some of the comments above. This should be reported and confirmed as a scam.
hero member
Activity: 1651
Merit: 863
September 11, 2019, 02:31:43 AM
#5
I do some arbitrage trading.
Yes profits are possible, but not guaranteed.
With every year the arbitrage differences are lower,
except high risk exchanges, where you dont wanna risk your money.

You need much more money on more exchanges than with normal trading. The profits are lower than with simple trading.
You need high volume deposits and withdraws, that can cause problems and long delays-that leads to the need of even more money involved.
To guarantee a profit of 40% within 7days is absolut impossible with arbitrage trading.
Realistic is 1-6% a month!
But you have to save something for the risk, like hacked exchanges...


So where is the saving fund BTC-address for covering up that risks?
I dont even see a strategy covering that issue on that page.
Well, in fact they dont know shit about arbitrage trading!


Dont underestimate the efforts for developping and administration.That costs too...
Dont underestimate the costs of fees at exchanges and networks.

But the guys who offer arbitrage trading to the public also want to make some money,
so the end-consumer can only get between -3 and 4% a month!
By the way, if you invest the customers money, you need almost everywhere a license.
This "company" does not even tell who they are.
Dont give a single satoshi to something shady like that.

Conclusion:
Someone who offers guaranteed higher "profits" than -3% with arbitrage performs a SCAM
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
September 10, 2019, 11:43:33 AM
#4
As an user stated it is an arbitrage Trading practice. We cannot assure on arbitrage trading regularly. The market is highly volatile which means there is possible chances for profiting as well losing. Good is to stay away from such platforms assuring with profits that are unable to be provided to the investors. These were scam try which were mostly focused on the newcomers to the cryptocurrency network.
hero member
Activity: 1651
Merit: 863
September 10, 2019, 10:24:59 AM
#3
100% not legit.
No one can give 20% in 7days.

They also promise to give extra 10% referral fee:
Quote
Does qBot.io offer any referral program?
Yes we do, our referral program is a great way for everyone to earn, you earn up to 10% commission of all amounts deposited/exchange by every one you refer.

So they have to generate 30% in 7days.
Good luck

Quote
qBot.io is based on AI-Bots capable of performing thousands of exchange operations simultaneously on multiple trading platforms.
Ah, qbot.io is a classic pretending-to-do-arbitragetrading-scam.
Guys, get better ideas, this one is really old...since OPTIOMENT everyone should know this is a ripoff.

Either ponzi or straight scam.
This wont survive more than 3 Weeks as it seems to have only one reflevel!
Even only promoting this site  to receive some percentage, might pull you in legal trouble...

I hate these bastards scamming people and giving crypto a bad name.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
September 08, 2019, 02:17:56 PM
#2
sounds like a hyip/ponzi site



40% in 7 days is something very exaggerated

Very nice project.

are you the owner of this site? and this site is hyip/ponzi and there is nothing good
newbie
Activity: 14
Merit: 0
September 08, 2019, 12:49:14 PM
#1
Dear friends,

The qbot.io and Exchange Platform with profits returns, see... Very nice project. It's Changelly and Shapeshift but pay profit per change.
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