Bitcoin Forum

Alternate cryptocurrencies => Service Announcements (Altcoins) => Topic started by: searchacc on October 19, 2017, 08:08:39 AM



Title: Arbitrage bot : looking for a good one
Post by: searchacc on October 19, 2017, 08:08:39 AM
Hello my friends,do you know a good arbitrage bot ? i can pay a good amount if this kind of bot really work ... i dont know if arbitrage bot really exist haha


Title: Re: Arbitrage bot : looking for a good one
Post by: johanesrobin on January 05, 2018, 06:35:59 AM
I do not know if arbitrage can use bots, this is dangerous and very risky.
some Exchange often experience interruption in processing witdhrawl.
and I've experienced it, my trapped coins can not be sent.


Title: Re: Arbitrage bot : looking for a good one
Post by: imthewalrus on January 27, 2018, 09:41:22 AM
I've never used an arbitrage bot that automatically trade for you, but i'm using a bot, which notifies about arbitrage opportunities. As soon as notification is received, i go and check if deposit and withdrawal on both exchanges are working (if deposit/withdrawal is suspended, most likely you are not going to profit from arbitrage). If that's the case, i trade.

Also i choose to arbitrage coins, which have a fast transaction times (f.e. XLM, XRP), because sometimes arbitrage opportunity will last for a short periods of time, that means, time to send coins from one exchange to another might not be fast enough to make a profit.

Disclaimer - arbitrage is risky!


Title: Re: Arbitrage bot : looking for a good one
Post by: Mr.Spreadthehamster on January 27, 2018, 10:57:45 AM
if want arbitrage must see wallet condition and  network traffic
because if you late so will be loss
I has experience like that
want arbitrage siacoin from bittrex to cryptopia after buy at bittrex send to cryptopia so shit need 20 or 40 conf I'm forget
12 hours my sia completed but price has been dumped :(