Pages:
Author

Topic: is arbitrage still possible in crypto ? - page 3. (Read 510 times)

hero member
Activity: 630
Merit: 611
December 05, 2023, 08:52:52 PM
#8
is arbitrage still possible in crypto ? anyone has any luck with this method ?
I've tried it but I don't feel like I have much benefit from that method. Unless we really have quite large capital. Because sometimes the price difference between Cex is not that big. Or sometimes it returns to the same price quickly. But this method is still possible. But it must be an altcoin that has fast transaction speeds. Because if we do this on an altcoin that has a very slow network confirmation speed then we will be late when sending it to another exchange. But for now I don't use that method. Because it's too risky. Because sometimes we experience losses when prices decline and we actually lose in transaction fees.
hero member
Activity: 2338
Merit: 517
Catalog Websites
December 05, 2023, 04:32:03 PM
#7
is arbitrage still possible in crypto ?
Yes.

anyone has any luck with this method ?
Not me.
But I still see people but very minimal that does this because the opportunities are hard to be seen. If you look around and find some opportunity then it's still possible but with all the high fees and slow transactions, do you think that you can do it? It's possible yes but I won't do it.
copper member
Activity: 2198
Merit: 1837
🌀 Cosmic Casino
December 05, 2023, 03:29:09 PM
#6
It's possible, but if you plan to do it manually, then forget about it because you will be competing with trading bots that are so fast at sniffing price changes and making buy and sell orders. You will also need a huge amount of money across different exchange accounts for arbitrage trading.

Also beware that issues like wallet maintenance happen, leading to varying prices across exchanges since users can not withdraw or deposit the specific coin. The difference in price might look so big, making you to fall for the trap.
hero member
Activity: 1428
Merit: 513
Payment Gateway Allows Recurring Payments
December 05, 2023, 01:30:11 PM
#5
is arbitrage still possible in crypto ? anyone has any luck with this method ?
I don't think if there would be any experienced arbitrage trader here will reply because it is just so rare, but the answer to your first query is yes, we can do arbitrage trading in crypto and I came to know about AT first in crypto as I started my trading journey from crypto, instead of Forex, or stocks etc. I was aware of this term a long time ago even I came to know the best exchanges that have better offers like Korea, the rates there and here have big differences.

Leave it for now, because I was not interested in doing AT but recently I started to make accounts on other CEXs, and while doing that I observed the price of BTC was different on two exchanges Binance and KuCoin. I started to not the difference between the two in multi-app mode.

Well, the difference won't remain for a longer period and I don't think we can practically do Arbitrage trading in BTC pair especially because the sending and receiving of BTC from one exchange to another will cost us a hell of lot of money and in addition to it, the congestion on the network will delay transactions for a long time and we might lose the opportunity to make a trade. BTW I have no special expertise in AT.
sr. member
Activity: 854
Merit: 424
Playbet.io - Crypto Casino and Sportsbook
December 05, 2023, 09:59:37 AM
#4
is arbitrage still possible in crypto ? anyone has any luck with this method ?
It is still possible but with trading bots and bots for detecting differences in price for arbitrage trading, chance for you to do it manually is very slim. You will nearly can not be quick enough to find arbitrage trading opportunities and can not beat bots on it.

With centralized exchanges, you will have to depend on their withdrawal approval and processing as well as on chain confirmation time and time for another exchange to credit deposit to your account. Those factors can affect your arbitrage trading and again even on centralized exchanges, there are many bots do that tasks.

If you do it manually, you almost have to forget about arbitrage trading.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
December 05, 2023, 09:54:19 AM
#3
It's still possible; it's just that the number of exchanges is still increasing or the competition is intensifying, so it will be a bit difficult to arbitrage, in my opinion, as seen in a scenario like that.

And we also know that AI is used to detect and exploit every arbitrage opportunity. So if we force it on cryptocurrency, it will be really difficult because the low margin is one of them, so it will not help. These are just some of the reasons why it is difficult.
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
December 05, 2023, 08:15:27 AM
#2
Exchanges listed coins with different prices. Sometimes, you will see huge price difference between the same coin on different exchanges.

Exchanges also are supporting stable coins which you will use for the the trading pairs.

You can start to check some coins on different exchanges and make sure their difference can give you profit.

You will need high amount of money for arbitrage trading. But it is risky, just that small amount of money can not give huge profit.
newbie
Activity: 37
Merit: 0
December 05, 2023, 08:07:13 AM
#1
is arbitrage still possible in crypto ? anyone has any luck with this method ?
Pages:
Jump to: