Bitcoin Forum

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.  ;D ;D.
hope to share this here.

You are not doing anything new,this method of trading is called arbitrage. If you are capable of finding the price difference between exchange then you can make profits as you did but this is more riskier than you think especially when a token has less trading volume because price changes will be high which could affect your trade while you are moving coin from one exchange to another.

Arbitrage (https://www.investopedia.com/terms/a/arbitrage.asp). The idea is simple, but doing it is risky too.

A friendly reminder - Don't be swayed right away by exchange prices. Please do a thorough research before buying because aside from a possibility of low trading volumes mentioned by @semobo, sometimes, exchanges that have above and/or below average market price are having problems like Wallet Maintenance. You might buy and expect that it can be sold at a higher price, but in the end you'll find out you won't be able to send it to a specific exchange.

Yes it will work and  we call it arbitrage . But considered the transaction fee first before doing this things and check the wallet of both exchange if there are no maintenance. you can easily transfer the coin you want to buy from to another exchange,  also dont forget the orders of both exchange before buying it.

Maybe investing in ICOs and IEOs isn't really for you so stop doing that. What you have discovered is the arbitrage and this is a very known trading strategy in the community but I don't do it because there's a tendency that your transaction might get delayed of confirmation.
If you're profitable doing that, make sure that you're risking a notable amount of money.

i think you need to be careful on how you to make these trades. the best option is put a low price below the current trading and wait for your luck. it takes time. No need to rush but it will take time and pray your plan work. you might end up frustrated.

They call it arbitrage.
It doesn't work always and there will be a time that you be will on the other side.
Take it as just a lucky move.

This will also take so much work as you will need to monitor both exchange or 4 on your list to look at the price every once in a while.

This is very risky because you will use a different exchange whenever you want to make a profit. I have seen an exchange using a spread on their orders to attract the arbitrager to trade it on their exchange, but after they sent their token and sold it on that exchange. they could not withdraw it because the exchange did not allow them, this was also one of many reasons why did I stop doing it.

As others have said, this is not a new method.

You are only required here to carefully choose the difference between exchanges, this is not easy and the risk is quite high, prices go down when you process withdrawal and deposit transactions, this is what usually happens.

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.

This is nothing new, Arbitrage is what is employed in betting and trading, all you need is a variation is prices one two exchanges but I hop you are making use of bots, which will make you life easier, if not it is possible that the transaction fees and withdrawal fees is going to erode and eat into our profit if care is not taking

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.

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.

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

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.

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.

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 !!
 ::)

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.

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.

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

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.

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!

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.

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.

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.

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.

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.

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.

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.

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.

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

This is also a good strategy, but often it does not work when the withdraw issue of small exchanges often has many problems and we have to wait a long time, especially bitcoin.
recently withdraw fee is very high in exchanges and it shows that miners are getting less and arbitrage will have a lower chance of success.

in various markets there must be differences in price but the difference is not too high. so that not many people trade from one market to another in one type of coin. because we can lose the transaction fees charged by the market. although we can benefit from trading but we can lose profits just to pay transaction fees. so we better trade in 1 market on several types of coins.

Arbitrage trading is very lucrative.  It's an opportunity I have been looking to exploit. The challenge is that most of the arbitrage opportunities I find have very low volume and there is always the risk of the order being picked before you deposit is confirmed since I don't keep my cryptocurrency on exchanges.

But even if the difference is not too high, if you have enough capital, fees won't be a problem and you can ensure your profit. Transferring altcoin to one another has lower fees than transferring directly using btc. I have tried it before with various altcoins and you should be experienced enough to successfully done it, or else it will be very risky. And this trading is called arbitrage that is already been done by most of the traders especially in this bearish market.

You need to think about the fee to send into another exchange and the time of completing the transaction. Without knowing about that, you will not be able to make a profit. That trading type is arbitrage trading, and yes, some coin can have a different price between one exchange to another exchange. But like I said before, you need to know how long the coin will arrive in the other exchange so you can sell it directly.

If you can get the right coin, I am sure you can make a profit because of the differences in the price itself. But be careful because there is a risk behind that trading, so you need to make sure you know before you buy the coin.

arbitrage with huge trading volume rare to happen..usually it have small trading volume and if we do this maybe we could loss when our token arrived in exchange..buyer and seller very smart , they know this is just manipulation .. Its not recommended if arbit with low volume..better to buy another coins or maybe buying IEO coins in exchange that usually dumped.

Such opportunities always accompanied by risk, there's many points to consider as open opportunities lied with how you understand the market. Keep dealing with your good research and knows the proper way to earned from this strategy. Arbitrage if executed correctly will give decent profits.

Risk is always on the line everytime you invest or do trading but it's true, considering things should be prioritize to at least avoid unnecessary losses. Making research will make you grow and fully understand the things to consider in the market while trading.
Yes, as long as it is done correctly, expected profit will come, if not, the opposite thing will happen and great loss will come at you.

At the end of 2017, which we call bull season, the differences could be high from time to time as there are high volumes for arbitrage transactions. However, the volume is too low anymore. For arbitrage, when you try to buy and sell in another exchange, the price can go above the desired levels when you want to buy, and when you try to sell it goes below ...

It is good concept if your having real patience and dedication fo searching some potential project token or coin trading in multiple exchange and find difference . Some platforms like Dropil was doing the same I have tried and invested still it’s in huge loss but regularly giving some returns by holding dropil token in their exchange . I am not related to dropil or neither I am promotingg before inventing do your proper research .

What you are talking about is arbitrage, plain and simple.

I personally think that it only works in theory and doesn't work 9 times out of 10 in practice. There is usually a very real reason why there is to be a spread between exchanges for the same token price in the first place. If it's not a deposit related issue, it's likely blocked withdrawals which prevents the free flow of capital between exchanges, and thus creating an isolated market.

You could make profit from calculated risks like these, but real arb ops come by very rarely.

this is known as arbitrage trading. you should be careful on how you place your trading to avoid loosing your funds. you might be stucked with trading fees, gas fees between accounts and exchange. it might not be favorable. some times.

there is no harm in using arbitrage and we must also understand the risks that will occur in the future to reduce the losses that will be obtained.

Arbitrage is not as easy as it looks. You should be very careful with coins and exchanges. Most of the free arbitrage sites show only the price difference. However, the status of the volume or It is not shown whether the withdraw button works on these sites. Even, sometimes it is shown that there is a 50-60% price difference. So, always be careful and do not search for big earnings.

One way to lessen the risk of getting your deposit or withdrawal getting stuck and losing the opportunity to profit from this method is to do it on decentralized exchanges. Etherdelta used to be one of the best exchanges to arbitrage but it cans still be done on IDEX, DDEX, or Forkdelta,

It would be better to stick with one coin, one exchange and one wallet. Getting involved into to many exchanges wont produce any profits so what is the point of distracting concentration with too many options.  Choose coinbase when starting the journey and then shift to others per requirements.  It is the best exchange at present and offers low fee. Still, if he likes to carry this experiment he can.

I tried, lot of people tried that too. sometimes you get pay, but most of the time, I screw up
it depends on transaction speed, and you know, between exchanges, they are just not love eachothers so... quite slow most of the time

You can really make money on this, but a lot will depend on the speed of transaction processing and internal exchange transactions.  After all, the most important thing in this is speed.  Exchanges very quickly adjust exchange rates between each other, you can trite not have time for a few seconds before adjusting the rates.

Just be careful not to get too excited when you see a huge price gap. There must be something wrong and often there is. Some coins are running on different blockchains or on forks and so if you buy from one exchange you cannot deposit on the other (viceversa) even though the coins are the same. Always try a small amount at first if you are not sure.

Btw this is nothing new like many many other users have mentioned. You can mix it up though by renting mining power and working on the arbitrage difference in the price of mining vs buying. You have to be quick though. I use to do it but I have sine find more lucrative methods of making money.

Also, don't give up on projects. Just stop supporting shit that's all you need to do. If you support something good and it still fails then you cannot blame yourself.