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Topic: polo vs. bittrex used price: if... - page 2. (Read 1358 times)

legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
April 21, 2017, 10:13:34 AM
#6
... BTC translations were fast enough you could easily buy on bittrex and sell on poloniex. but BTC is so slow.

BTC will always be seen slow against arbitrage trading because it takes 6 or more confirmations at both the exchanges to credit the BTC and make it available for trade. Though, the difference, like you think, is not even that much to curb with the fee that they normally charge over a buy/sell trade, so leave the idea of arbitraging at these two exchanges and find something else.
I think every exchange sites are put a single confirmation to confirming the funds already received by the exchange site. I don't ever see the exchange site which it puts 6 confirmation just for confirming a funding from their users.
10 minutes for every confirmation with $0.5 fees. But it will get a lot of the fees for every arbitrage trade. The volatility has made it impossible.
sr. member
Activity: 2422
Merit: 264
Vave.com - Crypto Casino
April 21, 2017, 10:07:09 AM
#5
...usually, when it appear a good opportunity for spread trading, you go to place the order to Exchange, and you see who there are no volume on the chosen pair...
and the opportunity vanish in a second...
with all this BOT around, spread trading is dead.
Yes, I agree with you..spread trading is dead.
hero member
Activity: 910
Merit: 511
April 21, 2017, 09:56:18 AM
#4
...usually, when it appear a good opportunity for spread trading, you go to place the order to Exchange, and you see who there are no volume on the chosen pair...
and the opportunity vanish in a second...
with all this BOT around, spread trading is dead.
legendary
Activity: 3052
Merit: 1273
April 20, 2017, 02:16:30 PM
#3
... BTC translations were fast enough you could easily buy on bittrex and sell on poloniex. but BTC is so slow.

BTC will always be seen slow against arbitrage trading because it takes 6 or more confirmations at both the exchanges to credit the BTC and make it available for trade. Though, the difference, like you think, is not even that much to curb with the fee that they normally charge over a buy/sell trade, so leave the idea of arbitraging at these two exchanges and find something else.
hero member
Activity: 854
Merit: 500
April 20, 2017, 12:33:16 PM
#2
BTC-USDT price in both polo and bittrex is almost same so there is no any opportunity to make arbitrage trading. There is no any difference not even of 5%.
legendary
Activity: 1498
Merit: 1113
April 20, 2017, 12:25:48 PM
#1
... BTC translations were fast enough you could easily buy on bittrex and sell on poloniex. but BTC is so slow.
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