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Topic: [LIMITED LICENSES] BitRAGE - Automatic Arbitrage Bot by Gunthar | Gunbot (Read 868 times)

copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
I have recently run Bitrage in my Binance account and I started it at the start of February.

Basic stats
From February 1, 2020: The estimated value was $177.97
From February 10, 2020: The estimated value was $192.15
Increase in +7.97%




I stopped it due to my VPS provider had some problems. I would continue this experiment again in March.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
Get some discounts if you order now! Let me know who is interested. Just give me a PM or message me in Telegram

https://t.me/gunbotph
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
Arbitrage is a great trading strategy.

Imagine being able to safely trade with different currencies that give possible profit trades without having to "risk" any balance that you have. Better than that, a bot could do it for you. Automatically. Less hassle and great opportunities, 24/7.

Bitrage could give you different opportunities to profit

  • Making opportunities by putting limit trades that would be profitable
  • Executing a trading opportunity as fast as possible
  • And so much more

If you have any question regarding this software, you could easily give me a private message here or in Telegram

And be Part of the Gunbot Family~!
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
This is definitely an awesome software. Now it is just few bugs left. Ready for release! PM me for more info


newbie
Activity: 42
Merit: 0
Current state is still very bad to be honest, but its in beta so its "allowed". I would not buy until get some real results or ETA/roadmap for final release.
I wouldn't say very bad but it has come a long way. Solving the problems with how Triangular Arbitrage works in exchanges are hard and the developers of BitRage has come up with something unique to solve it and polishing is what is needed. I hope you get to check it soon once it has been released. Don't forget to contact me, I could hook you up fast if you are ready to buy.

Its hard work indeed and needs time agree Smiley. Will contact you if decide to get it sooner or later thank you!
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
Current state is still very bad to be honest, but its in beta so its "allowed". I would not buy until get some real results or ETA/roadmap for final release.
I wouldn't say very bad but it has come a long way. Solving the problems with how Triangular Arbitrage works in exchanges are hard and the developers of BitRage has come up with something unique to solve it and polishing is what is needed. I hope you get to check it soon once it has been released. Don't forget to contact me, I could hook you up fast if you are ready to buy.
newbie
Activity: 42
Merit: 0
There has been a significant improvement with BitRage and it’s near release!

You could already be part of the official group if you order now! Will be willing to support you in setting up.

Current state is still very bad to be honest, but its in beta so its "allowed". I would not buy until get some real results or ETA/roadmap for final release.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
There has been a significant improvement with BitRage and it’s near release!

You could already be part of the official group if you order now! Will be willing to support you in setting up.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
This is cool if you can get it to work. By cryptopia API is so sketchy, those 10% swings are completely normal because theil either have a withdraw / trading suspension on the coin, meaning no one can touch the book, so the spread is like that 10%.

Did you get any success with this? I always think the exchange operators have first dibs anyways, as they can front run the books.
Well, a lot has happened to Cryptopia and you need to be careful about your funds. There are a lot of other exchanges that Gunbot and Bitrage support so you won't have to worry about that.

Our beta testing is successful now in calculating the right profits and values with regards to orders. Currently refining the product still. It's near, so pre-orders are closing soon.



Just one last question about the tg channel: Your mentioned messages also contain this phrase at the end:
Quote
You can withdraw: 0.13932095 BTC
What does that mean? Is that the total performance of the bot so far? Thanks in advance.  Smiley
It is the total profits calculated by the bot and correlated with the data gathered in the exchange.
member
Activity: 386
Merit: 78
[insert coin to continue]
How does the bot handle "low-volume opportunities" (usually an arbitrage opportunity occurs when a market lacks liquidity - and therefore volume)?
There might be opportunites, but i am 99% sure you can't scale them up to bigger volumes.
Well, that's the common problem that another ARBITRAGE bot has and before it goes into a trade, it checks on profitability and volume, so no volume, no trade. There's a minimum value in it so if it doesn't fit, it still won't trade. That's just it.

That is good!

Are there any backtests about the potential numbers of trades per day (/week/month) already? Or the average profit per trade?

I like calculating the annual ROI first so these numbers would really help. I can barely imagine how efficient the bot must be to make 1BTC in like a year or 2 (that's what I would consider a reasonable ROI).

Check out this Telegram Channel

If the message contains this "FINAL SELL" "TOTAL PROFIT", It had made a successful arbitrage trades. Those are possible trades, there are different modes that you could try that fits you. Whether you are checking the market so fast and trying profitable trades, you could possibly get big profits with that.

Thank you very much, that helps a lot.

Just one last question about the tg channel: Your mentioned messages also contain this phrase at the end:

Quote
You can withdraw: 0.13932095 BTC

What does that mean? Is that the total performance of the bot so far? Thanks in advance.  Smiley
newbie
Activity: 43
Merit: 0
This is cool if you can get it to work. By cryptopia API is so sketchy, those 10% swings are completely normal because theil either have a withdraw / trading suspension on the coin, meaning no one can touch the book, so the spread is like that 10%.

Did you get any success with this? I always think the exchange operators have first dibs anyways, as they can front run the books.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
How does the bot handle "low-volume opportunities" (usually an arbitrage opportunity occurs when a market lacks liquidity - and therefore volume)?
There might be opportunites, but i am 99% sure you can't scale them up to bigger volumes.
Well, that's the common problem that another ARBITRAGE bot has and before it goes into a trade, it checks on profitability and volume, so no volume, no trade. There's a minimum value in it so if it doesn't fit, it still won't trade. That's just it.

That is good!

Are there any backtests about the potential numbers of trades per day (/week/month) already? Or the average profit per trade?

I like calculating the annual ROI first so these numbers would really help. I can barely imagine how efficient the bot must be to make 1BTC in like a year or 2 (that's what I would consider a reasonable ROI).

Check out this Telegram Channel

If the message contains this "FINAL SELL" "TOTAL PROFIT", It had made a successful arbitrage trades. Those are possible trades, there are different modes that you could try that fits you. Whether you are checking the market so fast and trying profitable trades, you could possibly get big profits with that.
member
Activity: 386
Merit: 78
[insert coin to continue]
How does the bot handle "low-volume opportunities" (usually an arbitrage opportunity occurs when a market lacks liquidity - and therefore volume)?
There might be opportunites, but i am 99% sure you can't scale them up to bigger volumes.
Well, that's the common problem that another ARBITRAGE bot has and before it goes into a trade, it checks on profitability and volume, so no volume, no trade. There's a minimum value in it so if it doesn't fit, it still won't trade. That's just it.

That is good!

Are there any backtests about the potential numbers of trades per day (/week/month) already? Or the average profit per trade?

I like calculating the annual ROI first so these numbers would really help. I can barely imagine how efficient the bot must be to make 1BTC in like a year or 2 (that's what I would consider a reasonable ROI).
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
How does the bot handle "low-volume opportunities" (usually an arbitrage opportunity occurs when a market lacks liquidity - and therefore volume)?
There might be opportunites, but i am 99% sure you can't scale them up to bigger volumes.
Well, that's the common problem that another ARBITRAGE bot has and before it goes into a trade, it checks on profitability and volume, so no volume, no trade. There's a minimum value in it so if it doesn't fit, it still won't trade. That's just it.
member
Activity: 386
Merit: 78
[insert coin to continue]
How does the bot handle "low-volume opportunities" (usually an arbitrage opportunity occurs when a market lacks liquidity - and therefore volume)?
There might be opportunites, but i am 99% sure you can't scale them up to bigger volumes.


copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
For buyers of such expensive software it is necessary to provide a free period for testing. As a result of the purchase, there is a chance to pay for a bad product that will not make a profit. Very expensive in my opinion.

From the developers of Gunbot, they are doing their best to create a great product and to produce real-time profits. Right now, it's still in pre-order stage and it still is ongoing limited licenses left. A lot of testing is happening and bugs to figure out but it's going to get there. Once it reaches the release, it's going to be more expensive than the price now.
member
Activity: 602
Merit: 24
For buyers of such expensive software it is necessary to provide a free period for testing. As a result of the purchase, there is a chance to pay for a bad product that will not make a profit. Very expensive in my opinion.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
i have gunbot license.. but bitrage license price to high  Undecided
It will go higher when pre-orders are stopped. I hope you get yours because there are only a few left.
newbie
Activity: 14
Merit: 0
i have gunbot license.. but bitrage license price to high  Undecided
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
I have a few questions.

but there are tools such as our Bitrage which enables you to do it automatically.
How does this work? By "automatically" what are you referring to? Is it exchange to exchange or arbitrage opportunities within the exchange in different market such as BTC-x-ETH?

Does Bitrage offer any trial for testing how this works and to check profit probability? BTC0.95 price seems expensive even in the preorder stage, that's $4900+
It checks continuously for opportunities like this one (this is from the telegram channel)


Since we are currently on testing stage, there's no testing but through the telegram channel you could see how it works. For the pre-order part, it's offered like that because it's going to be more expensive when it's released. If you are more interested, send me a PM.
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