Is there anyone here doing arbitrage trading?

[Raqeebzy 6456]

No doubt if he makes that much. If an arbitrage trading is successful, it depends on how much one has invested. It can be a lot more risky than it is profitable though, one has to be very swift in making transactions between exchanges and make sure to recognise the exchanges used and get used to their accessibility. One advantage to custom trading is, it doesn't requires a deep technical knowledge.

No doubt if he makes that much. If an arbitrage trading is successful, it depends on how much one has invested. It can be a lot more risky than it is profitable though, one has to be very swift in making transactions between exchanges and make sure to recognise the exchanges used and get used to their accessibility. One advantage to custom trading is, it doesn't requires a deep technical knowledge.

[jamesvince 2389]

In few times I used two exchanges only for making arbitrary trading on crypto market because both these two exchanges are trusted exchange for my trading experience such as yobit exchange and bitmax. I always find that xrp has difference of 20 to 30 satoshi when we made trading on yobit exchange. 

[Rahul11 292]

On 11/14/2019 at 1:58 AM, raj said:

Arbitrage trading seems to be a lot less risky than other types of trading, if you can find profitable trades. This guy on reddit claims he made $1000 in two months with a trading bot, which is very interesting. So I guess I'm wondering if anyone here has any experience with this type of trading?

I don't use this platform. But recently I watched a video about arbitage trading. And I found it profitable. I will say not follow others what they are doing. Just take information from them and after that try to invest on it by your decision.

[Iriswolfgang 200]

On 11/14/2019 at 3:58 AM, raj said:

Arbitrage trading seems to be a lot less risky than other types of trading, if you can find profitable trades. This guy on reddit claims he made $1000 in two months with a trading bot, which is very interesting. So I guess I'm wondering if anyone here has any experience with this type of trading?

I am not doing arbitrage trading but I hope that i can learn how to do it and I think that if I could really earn like the guy that you are talking about then it will be great so I hope that there will be a person here that will explain the arbitrage trading 

[TimopheyKa 3900]

Minimal risk with a high yield potential: due to the fact that the algorithm will make trading positions with a minimum holding time, the trader will be able to make many positions with a profit of several points. But if you take into account the number of transactions per day (about 20-30), you get an excellent percentage of profitability in a monthly context.

[Naylor89 1223]

Arbitrage trading is not really profitable anymore because most exchanges have technology in place to prevent it. they will stop crediting/confirming deposits or pause trading for that coin. I’ve witnessed this first-hand with some exchanges. Of course, that’s pertaining to large price differences. they don’t do this for small price differences, but you’ll have to buy a shit ton to make it worth your while.

[Moaz 7239]

I do not advise anyone to use trading bot, because I tried it more than once and all the deals I made were losing, I think that the trading bot is intended for people with experience in cryptocurrency trading or for whales who have large amounts of money

[Teminali69 1081]

I tried to do it only to find out that it was very costly and not as simple as you think so i decided it was not my go.

[Solex 2262]

It is not too advisable to do this type of trading because it is too risky and you can loss your funds within a short period of time and that is why I prefer long time trading. Arbitrage trading is profitable but you have to be smart and you will be vigilant with the market movement.

[rvherrera 137]

I believe that with the right information, at the right time and with the necessary resources, you could make good operations, however, the volatility of cryptos should not be forgotten. This requires tools or software that works very precisely. If you find something like this let me know.

[iloveyobit 6599]

If you mean to exchange currencies between platforms, it was profitable in the past, yes, but it is no longer like that, but has become dangerous and you can loss your currencies.

[BitcryptoHan 2557]

On 5/5/2020 at 9:23 PM, Zaino34 said:

I tried this method but I did not get good money in this way and I prefer to use the basic method of trading as the trading bots may work incorrectly and we lose our money through it

Some people said arbitrage is less risky, this is not true, arbitrage trading is also risky but people doing it need huge amount to start, like $3000 or more to make it profitable but the risky is also very high. 

[Shoeb45 12]

I think that arbitage trading is less risky than any other trading job.

But it has a lot of transaction costs.That's why its not profitable.But we can gain knowledge through it. 

[Samiya45 27]

Arbitrage is easy and profitable to trade We can make a profit every day by trading Arbitrag For this purpose we first need to find a coin in two exchanges asking for price

[Calvinpriva 17296]

On 11/21/2019 at 2:01 AM, bentayebsalah said:

It is a failed trade and I tried it and found myself did not achieve anything on the contrary I lost and all the sites that claim to offer conversions are a scam so beware my friend

Maybe you didn't do it in a good way! Arbitrage its profitable but you need a large capital to start... Eg, you can buy bitcoins with $1000 from localbitcoins and then send your bitcoins to yobit (it cost only 1500 satoshi fee from lbc to yobit) then you receive your btc in yobit after only 2 confirmations then you resale them to USD for a price of $1010 - $1014 after removing fee! That means for a profit of $10 per two daily arbitrage trades you will have a total profit of $1200 in 60 days (two months) so its possible without any difficulties. You just need a capital to start and the best sites are localbitcoins and yobit.

[Jamaloo 192]

the method of exchange is extremely hard to do is to bring in cash from the various costs of an altcoin on two trades yet you need to do well the estimations and compute all the factors, for example, exchange expenses, withdrawal charges this is made simpler by the different bots yet tragically they don't begin consequently yet should be modified without any preparation

[Mwangi 5611]

I ave tried abitrage but in other trading, stock and forex trading, I have never tried in crypto currency but I hear that its very profitable very profitable and its good to use when  you see it in any case , we need to work as hard for it .

[its.cryptologic 163]

I use to find chances to arbitrage trade as recent as last year, but it seems everything is plugged in via API, all prices I see are too close it is no longer worth it. 

[Mike1515 2977]

And I here that its usually very profitable , Abitrage. it is usually one of the most profitable ways to make money with on crypto and that it works but am not so sure, I am still learning what its all about and hope in the end am able to understand it perfectly but those I have seen them doing they are usually making some profit.

[Zeshan Khalid 2577]

Arbitrage trading is not applicable in crypto market because the difference of value in different exchanges is very less and you have to pay transaction fee as well which is more than difference in value

[Fixfin 2569]

Some guy on reddit found something and then boasts. Arbitrage is not something simple, you can do it and there are traders trying to find these opportunities all day but it will be very hard to find and make it. You have to be so fast to think and look the conditions.

[percare 3192]

Thanks for the reddit link I will try to see how this guy manages to make this much money. But if he does is it a good idea to tell everyone about this? It is possible that this guy just made a few trades and then didn't find anything.

[Tetrisreal 219]

If you are going to trade do it yourself and do not trust the trading robots, although they can give you benefits a couple of months they can burn your account too, many of these robots do not have the most important thing that are stoploss in my opinion and they do not good risk management.

[zhoutong 2188]

There are many opportunities in trading and some traders are looking for less risk and good reward and this can be very lucrative with arbitrage, although it is something that is not appear often and some trades can be made others won't. Also fees are involved but they are probably the only risk of this trade.

[annayks 2314]

No I am not doing this trading. I don't have so much time to look for that. I have to make technical analysis and do that to find a good price to buy. And many people can claim anything but this doesn't mean it is true.