Hi guys, its always hard to describe something so complex in a few minutes, so Ive tried to explain the concept in beginners terms and give a few tips.
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Problem is how trustworthy are all these 'new' exchangers ? So overall i consider this arbitrage thing not as 'risk free' as what those people selling crypto arbitrage courses seem to claim it to be ?!?
Check out ArbitrageCT: https://start.arbitragect.com/?start=arct-01 theiir software bot is currently in beta I've been using it with good results. Others are also using thier bot with success. Also have an active community on telegram
Try bibitbot com
This bot sends notifications about the difference between exchange rates on different exchanges. Your task is to sell currency on one exchange and buy on another. All ingenious is simple!
Hi Benny, for me arbitrage is one of the best way to earn money with minimum risk. tell me please what do you think about our scanner for arbitrage. could you test it? it's free yet. http://cryptoarbitragescanner.com
Thanks for this. Every one else ive seen so far only mentions the strategy of having one of the same coin on both excahnges when realistically this isnt necessary if the margin is large enough and pay the extra trasnaction fees. The real reason im here is I cannot find a bot that only scans exchanges for margins. i can only find bots that scan for it but also trade for me. Is there one that ONLY scans?
Hello, i suggest you to try trading at https://www.arbitragecoins.com/signup/index/BITCOINMASTER as it is unique and i personally made profits by using this site.The withdrawals are fast and smooth.Never going to stop trading here.L
Hello, i suggest you to try trading at https://www.arbitragecoins.com/signup/index/BITCOINMASTER as it is unique and i personally made profits by using this site.The withdrawals are fast and smooth.Never going to stop trading here.
SCHRODINGER’S CAT, You are essentially exiting one coin by purchasing another and then transfer the coin you just purchase to a different exchange and sell for more than you paid for it.
All the videos only talks about simple arbitrage trading. But it doesn't talk about complex arbitrage trading where the real profits are made. I compose an example of simple arbitrage trading techniques
Exchange 1 currency pairs for sell
Coin A/USD $100
Coin B/Coin A $130
Coin D/Coin B $250
Exchange 2 currency pairs for sale
Coin B/C $450
Coin A/B $95
Coin F/A $200
1.)Coin A purchase W/USD for $100 on Exchange 1
2.)Coin A transfer To Exchange 2
3.) Coin A purchases Coin B for $95 (-$5 loss)
4.) Coin B transfer to Exchange 1 and sold for $130
thank you for this i was thinking about this while watching a coin a few days aga...it was 2.48 on binance and like 1.68 on the other and i thought about doing it but knew how long it took to transfer coins...ether is the way or litecoin....dude i hopee i make a good roi ill send u a lil tip ;)
What do you mean by send ETH instead of bitcoin? Doesn't that mean that you will be limited to only arbing ETH? What if I see an opportunity on another alt coin? Or do you just mean use a coin that uses the ethereum blockchain like an ERC20 token etc.
What does frozen out mean? also, this isnt a walkthough. ex you buy BTC on Poloniex low and want to get it to Kraken higher. You must buy and send in BTC! If not then how do you plan on buying BTC on Kraken? that defeats the purpose.
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