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Topic: TRADING A SINGLE TOKEN IN BETWEEN EXCHANGES - page 2. (Read 479 times)

hero member
Activity: 1344
Merit: 502
November 23, 2019, 11:09:04 PM
#31
Sometimes you just have to invest in good quality assets when they are starting to become good value such as now and be patient as opposed to investing in IEOs or STOs, trading daily or using arbitrage, and you may find in the long run its a similar if not more beneficial outcome with far less to worry about
sr. member
Activity: 1204
Merit: 253
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November 23, 2019, 11:00:10 PM
#30
You mean arbit? I do not know which language, I once did it but only get a little profit and could lose due to deposit lags or such.
If we use a large capital, of course, the price difference is slight will make a big profit, likewise otherwise late briefly can lose us and it is already a risk.
sr. member
Activity: 756
Merit: 251
November 23, 2019, 10:12:38 PM
#29
i have tried my best to make little money from this crypto business but it seems like i am not getting things right. from Airdrops to bounties. everything turn to pennies and scams at the end. i have tried to invest in ICOS and IEOs. the product plummets immediately the moment it spends two months in the market. i want to try another option and wish to ask here if it is favourable. i discovered that there are tokens that shares different prices in different exchanges.
simple: i buy low from one exchange and sell high in another. looks simple but i think it is worth while, i tired it once with Mainstream For The Underground token. i made a little cash but it was just a trial.  Grin Grin.
hope to share this here.


There was a time before when there were a lot of arbitrage traders, earning by buying from a particular exchange and selling it to another. Arbitrage trading is oftentimes a quick transaction. It has to be done quickly because sooner rather than later, the prices will more or less becomes equal. If not exactly equal, near enough that arbitrage will become a waste of time for a very little gain after all the fees are deducted. Right now, I can seldom see significant price differences among exchanges.
sr. member
Activity: 644
Merit: 257
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November 23, 2019, 09:55:24 PM
#28
Arbitrage is a term for looking out on different exchange and where you can buy low on some exchange and sell it on some high exchange. Ive been doing this also on some of my tokens and actually it's worth a penny sometime especially if the project has listed on some good exchange. You can take advantagd of some dex such as forkdelta to earn profit here.
sr. member
Activity: 2100
Merit: 309
November 23, 2019, 09:51:09 PM
#27
i have tried my best to make little money from this crypto business but it seems like i am not getting things right. from Airdrops to bounties. everything turn to pennies and scams at the end. i have tried to invest in ICOS and IEOs. the product plummets immediately the moment it spends two months in the market. i want to try another option and wish to ask here if it is favourable. i discovered that there are tokens that shares different prices in different exchanges.
simple: i buy low from one exchange and sell high in another. looks simple but i think it is worth while, i tired it once with Mainstream For The Underground token. i made a little cash but it was just a trial.  Grin Grin.
hope to share this here.

Looks simple when many people said by trading you can get much profit just buy an altcoin with lower price and keep selling whit higher price, for the beginner will try to buy an altcoin without care shit or good coin for investing, just on their mind buy lower sell higher. Real fact many people have lost their assets without know which one coin have to invest and wrong exchange choose for investing.
sr. member
Activity: 896
Merit: 253
November 23, 2019, 09:35:05 PM
#26
Its good to see that you are versatile switching from different methods of earnings that you can get in cryptocurrency. But the thing you did in buying and selling on different exchanges is very risky. First is that the withdrawal fee of a certain exchange and second the fast moving of prices of cryptocurrency tokens.
sr. member
Activity: 573
Merit: 250
November 23, 2019, 07:50:53 PM
#25
i have tried my best to make little money from this crypto business but it seems like i am not getting things right. from Airdrops to bounties. everything turn to pennies and scams at the end. i have tried to invest in ICOS and IEOs. the product plummets immediately the moment it spends two months in the market. i want to try another option and wish to ask here if it is favourable. i discovered that there are tokens that shares different prices in different exchanges.
simple: i buy low from one exchange and sell high in another. looks simple but i think it is worth while, i tired it once with Mainstream For The Underground token. i made a little cash but it was just a trial.  Grin Grin.
hope to share this here.

Many people did it, now new exchange also offer same benefits from one exchange. This process should complete very fast but few exchange (latoken) transaction is very slow. "SwapZilla" this can complete by one exchange with 5 times low cost. This plan is for our future but problem will be different, then no difference in exchange because all will do the same.
sr. member
Activity: 400
Merit: 268
November 23, 2019, 07:29:27 PM
#24
This is what's called Arbitrage tradinga Nd this is what most day traders do, ofcourse there are tools that can help you trade seamlessly between exchanges from one single terminal so you wouldn't have to go through the stress of depositing, withdrawing and the delays that occur to move funds from one exchange to another but these tools are not free but they are what the top traders use, Arbitration is quite old but it is one of the surest ways to make profit through Cryptocurrency trading, the problem s usually identifying price differences between exchange especially between top exchanges.
member
Activity: 921
Merit: 10
November 23, 2019, 07:28:39 PM
#23
Yes, it is a profitable way to trade. But it seems to me that the best way to trade arbitrage is not manually, but with the help of a bot. Because it is almost impossible to trade profitably on your own.
sr. member
Activity: 645
Merit: 266
November 23, 2019, 06:14:25 PM
#22
Arbitration is one of profitable thing in the market. No matter what you want to trade. Make sure when you send a token that is not so long to wait for it landed. At least it can give you profit about 5% every transaction. Keep it up!
hero member
Activity: 1470
Merit: 509
November 23, 2019, 06:01:42 PM
#21
from which exchange that you do the arbitrage? i have done an arbitrage before but unfortunately i always loss because the blockchain confirmation took a long time to confirm
IMO the question here should be which coin/token, not which exchanges. Pay attention to the coin you selected to avoid wasting much time by waiting for confirmation. The golden rule in arbitration is to be quick. But, if you expect hours of cofirmation in each transaction, you will lose more than you won. Choose faster coins and avoid exchanges that delay withdraw, such as liquid.
copper member
Activity: 322
Merit: 8
November 23, 2019, 05:54:24 PM
#20
The friend who opened Topic talked about arbitrage, but I don't think he's fully in control. It is useful to know that Arbitrage should be done correctly and sometimes it may involve risks. I don't think it's a general trading method.

Yes it does come with risks. There was a crypto project focused on arbitraging that started last year. Today they are struggling to stay afloat and their native token as dipped badly from an ATH of over $10 to less than $0.005. This means it has not being an overly successful endeavour despite all their state of the arts bots that execute trades
jr. member
Activity: 214
Merit: 3
November 23, 2019, 05:37:03 PM
#19
That is known as arbitraging. It is a very decent way to trade crypto although it requires large amount of funds in order to gain meaningful profit while trading between exchanges.
sr. member
Activity: 1568
Merit: 321
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November 23, 2019, 05:05:42 PM
#18
The friend who opened Topic talked about arbitrage, but I don't think he's fully in control. It is useful to know that Arbitrage should be done correctly and sometimes it may involve risks. I don't think it's a general trading method.
member
Activity: 97
Merit: 10
ETHEREUM BULLISH
November 23, 2019, 04:58:19 PM
#17
I have experienecd being not able to withdraw when using the shittyest exchange in the wordl : COINMEX.
ORDER BOOKS ARE FAKE, always trading lower you, never ever passing up, like my order would decide the whole market... if u guys wanna look at it please have fun and try trade  OF COIN

https://www.coinmex.com/spot/of_eth

when i finally sold much lower than the market i could'nt even withdraw !!
 Roll Eyes
hero member
Activity: 1008
Merit: 510
November 23, 2019, 04:21:51 PM
#16
i have tried my best to make little money from this crypto business but it seems like i am not getting things right. from Airdrops to bounties. everything turn to pennies and scams at the end. i have tried to invest in ICOS and IEOs. the product plummets immediately the moment it spends two months in the market. i want to try another option and wish to ask here if it is favourable. i discovered that there are tokens that shares different prices in different exchanges.
simple: i buy low from one exchange and sell high in another. looks simple but i think it is worth while, i tired it once with Mainstream For The Underground token. i made a little cash but it was just a trial.  Grin Grin.
hope to share this here.


Many people do arbitrage trading but you have to make sure that you account for the fees from moving the coins off one exchange and onto the other.  It seems like a lot to do for a small gain.
jr. member
Activity: 38
Merit: 2
November 23, 2019, 01:59:08 PM
#15
That's what they call arbitrage trading. It however goes beyond price differences though. Many various exchanges have their own different trading fees and withdrawal fees and they all cumulatively contribute to your net profits. So you have to make your analysis very very well.
legendary
Activity: 1960
Merit: 1026
November 23, 2019, 01:58:17 PM
#14
simple: i buy low from one exchange and sell high in another. looks simple but i think it is worth while, i tired it once with Mainstream For The Underground token. i made a little cash but it was just a trial.  Grin Grin.
hope to share this here.

from which exchange that you do the arbitrage? i have done an arbitrage before but unfortunately i always loss because the blockchain confirmation took a long time to confirm
full member
Activity: 686
Merit: 100
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November 23, 2019, 01:47:52 PM
#13
I already did this " swing " method but I'm afraid this strategy also fail in this situation. Right now people still want to get cheap price but volume also low, so they only replace very cheap price with very low volume, you'll get nothing with this strategy. Try with gambling method, meaning push the price in deep and sell it. Push need big money and I hope you have that.
full member
Activity: 1498
Merit: 146
November 23, 2019, 01:33:50 PM
#12
Arbitrage-the double killer of profit due to the high spreads between the different exchange rates and withdrawal commissions. If you can use the special software which can find the gaps, differences between exchanges for the same altcoin pair, you can make money through the turnover of the precise amount. The withdrawal fees can be adjusted if you can use another cheap alternative crypto for transfer.
It is not going to increase the withdrawal which takes almost same time for process for every coin but only the transaction confirmation time differs.SO it will reduce the withdrawal fee but might increase the trading time a bit which increases the risk as well.
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