Always be careful whenever you want to use a program, it is quite dangerous to do it without any precaution. Arbitrage is a very dangerous thing if you are too late, you have to be very quick about it and if you end up using a program for it then it would eventually turn into something that will lose money very quickly then you are done.
Always do your research on what you want to use and ask for proof that it works on an demo program that runs 24/7, if a product can't offer proof of their system working 24/7 all the time and making a profit, they are not worth even trying. I personally would suggest staying away from it if you are new to this, that is a very high end level of trading to use a bot to do arbitrage, there are a lot of ways to cover between being a newbie to doing that.
Always do your research on what you want to use and ask for proof that it works on an demo program that runs 24/7, if a product can't offer proof of their system working 24/7 all the time and making a profit, they are not worth even trying. I personally would suggest staying away from it if you are new to this, that is a very high end level of trading to use a bot to do arbitrage, there are a lot of ways to cover between being a newbie to doing that.
Totaly agree, that you should be fast.
And the second important things- it's excanage fees of crypto exchanges, if you have standart fees the arbitrage will give you only loses.
