Bitcoin Forum

arbitrage still good?  any comments?

any suggestions for countries like where it would be good like to buy and where to sell to reap a profit?

Yeah, its always been good but the question is that on how you would able to spot them? Arbitrage opportunities do exist but getting yourself into it would really be affected by lots of factors neither restricted access or deposit on such exchange when there are huge gaps in price or simply you wont able to make it through because these chances arent really lasting that long but if someone do able to detect it out then theyre lucky yet money making would really be easy as pie but if you do only make it on the right time and on the right spot, if not then you would rather be on negative instead on making profit due to fees etc.

As I see, it's not very much effective anymore.

You need to be as quick as you are but in most times, confirmations are unpredictable and fees has to be higher. You choose if you can make it.

I've tried to look at opportunities but I failed with it. It's more about time and prices do change quickly.

Yes, but you need to count first before doing arbitrage did you will going to profit or not:
- Fee trading.
- Fee transaction.
- Speed transaction that's coind (Faster or slowly)
- The different % between each exchange.

Also, you need to see the policy of each exchange some exchange required KYC before you can use the exchange. Just make sure you reading the exchange policy first before deposit some money.

Can't give a suggestion of the exchange, you need to compared between other exchange % of the coins.

Arbitrage trading still good so far, but there are many things you should know before you start. I see @ryzaadit already gives the point that you should concern before you start. Besides that, you should choose the coin which doesn't have a long time to confirm, and have a good move at that time, so when you start to arbitrage, the coin can arrive in the destination exchange at the right time. But above all, you need to check the price on every exchange, and if you can see there is a big gap between one exchange to another exchange, I think you can do arbitrage, but of course, you need to calculate everything before you start.

I don't think this is a safe way to make money. There are a lot of exchange scam always offering error rates waiting for prey and then it devour them. Although it is still possible to trade arbitrage, the risk is quite high and I would not encourage you to do so. Instead of trading with such high risks, you should try to learn how to invest and hold, maybe it will make you money in the long run and help you to help you reduce the pressure of having to look at the screen for a long day.

If someone know what coins is can give him profit for simply moving a coins to other exchange because if price difference I don't think they will share it to other people. You are the one who should watch the market price of different exchange and coins  if you want to have profit in arbitrage.
No one will give an idea  where and what since they can do that in thier own and take the profit for him self .

 I would look at the countries with the high volatile currency. Usually they are nations with high inflation and their money changes value compared to dollar a lot as well. When you find two nations like that, changing the amount daily and even hourly is vitally important, you have to make sure that you know what the rates are for their currency versus dollar as well in order to make it work.

 When you do this, it is going to require you to have accounts in those nations, and probably bank accounts as well if you can but if you can't that is fine, just open one in their local exchange and invest bitcoin and exchange that way, when you want to get out you will get out using bitcoin as well without ever needing bank account.

Cryptocurrency arbitrage trader is still good cause they and the whales influence the market price sometime but it a trading that require enough time spending online with fund either. It the best thing you can is to make a profit through them and I believe this article (https://cryptonews.com/guides/how-to-crypto-arbitrage.htm) will guide you to achieve that.

I believe you mean exchange site when you said countries. Well, Binance is a good option and you can sell on Asian exchange or p2p market cause i heard their crypto price there is usually high than the normal market price.

I think what he is referring to is to try and profit off some type of premium some types of countries and currencies might have. Remember the "Kimchi" premium back in 2017. Basically it was trading at a 10% premium in that country and people were trying to arbitrage. However they later learn't its not so easy.

What the issue was is that you can easily sell your bitcoin to someone at 10% profit however getting that money out of the country hit a road block because of capital controls in that country. And even if you found some way around it, you would have to be at least a citizen of that country to be able to open a bank account in the first place to do a wire transfter. Hence it wasn't possible hence why the premium existed.

So these arbitrages are just not possible to profit off these days.

Right ,with the currency faster moving now,either to up or down?i believe that arbitrage is not more applicable now.
and besides only few people that i read now in which still doing this.
But not as many like me,I have tried this couple of time but i get bored because you need to focus on this while i have only limited time.
i can feel you lol.

arbitrage is still good. The problem is the exchange site is aware of this and they will be blocking the deposit and withdrawal when there was an opportunity for someone or traders to do arbitrage from A site into the B site.

There's no specific country that can be used as a place to buy the cheap coins as almost all the countries were updating the price from the same resource. I have tried to do arbitrage last week and the exchange site just blocked the deposit service.

That's crap.

I feel you are referring to countries that sells at high price on their crypto exchange or something similar to that. I don't think arbitraging is possible, let me give you a short scenario, in 2018, I planned selling Blockmason Link (BLINK) gotten from bounty, on Handbitco exchange at high price while trading on Xt.com at low price.
I faced some certain challenges which restricted me from performing arbitrage trading which are as follows.
[1]. Restrictions of other counties from registering on the exchange platform.
[2]. On the exchange, KYC performace is only done and available for the citizen of that specific country.
[3]. Majority of the coin to be deposited for arbitraging may not be enabled

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Arbitrage trading is a good one and I don't think its truly exists now in the crypto market, if arbitrage is active then it depends on the conditions and challenges above, so its not possible to perform arbitraging right now.

For some coins, it is good. But take a look back the gas fee if it is worthy to buy from exchange A to exchange B. As of now, it is really good when you found a coin which much lower than others. But you have to know that it might delay you from withdrawing your coins and leads you to loss. Arbitrage is good strategy in cryptocurrency because s lot of coins are not correlated when it comes in pricing from their certain exchanges. I also made that before in COTI where I bought at kucoin and sell in Binance.

I have tried arbitrage trading and had very careful calculation plans for myself but it is completely inconsistent with the present time.
I have calculated the sending and receiving times of those altcoins, plus analyzing the volume, ... but it depends on a lot of other things. especially withdraw fee for small exchanges, they have very high fee about 2 - 5 $ / order, which makes me lose my profit. What's even worse is that the price is only skewed for low volume exchanges, so using arbitrage will not be really profitable, it just takes time.

I know the people who still earn good money with arbitrage, and I will continue to do so in the future. Personally, I find it very annoying and a tough job, there are many risks and hidden obstacles in this trading.

What about slow withdrawals and deposits then it is also very annoying if this is only a mainstay in trading it will be more difficult than ordinary trading I never arbitrage in any coins because for me this is also a risk when there are delays or mistakes on the exchange.

arb was great in 2017 when prices were so volitile and volume was great.  The trick is to have enough accounts on solid exchanges that you know you can withdraw and deposit very quickly.  Before you try to use arb, run some tests on a couple different exchanges so you can test the in and out times. 

Arbitrage is not a simple thing for me since i first do trading until now, not as simpe as we buy coin, withdraw and sell in other exchange that have higher price, there are a lot of things that we should think first, for example, i will give 1 thing, if the exchange is universal, a lot of people might be already see that moment too, and they must be do same thing with us, and it means less chance buy wall will keep in there until our coins arrived.

Sometimes whale influence the market for the while ,but it's not a permanent one.We should hold your coins and be patience at that time.Binance will be the good exchange with lot of flexible converting option.The only disadvantage is the transaction fee is high and need to be rectified by the technical team.

The arbitrage trading totally depends on the exchange sites. If the exchange sites didn't allow the arbitrage traders to send or deposit their coins to the exchange site and then these traders may get a big risk caused by the price drop that will happen in the price.

For me, arbitrage trading is a risky trade but it less risky rather than shorting the market.
Sometimes im also doing it too.

Generating profit from arbitrage is still very profitable, but not everyone can successfully do it. Because there are several things
that must be prepared before conducting arbitrage. The first thing that the amount of capital we have  must be large enough,
because there will be a lot of fees to pay. Such as transaction fees and withdrawal fees. Then the second thing is to do research
on the speed of the coins transaction process that we will choose for arbitrage, this is sufficient to determine the success in arbitrage.
And finally, do some research on the exchanges will use for arbitrage, don't let the exchanges be maintenance while we're going
to arbitrage. Or don't choose the exchanges require KYC to make a withdrawal. If all the things I mentioned are well prepared,
it should be very easy to make profit from arbitrage.

Things are changing and arbitrage trading is not as it is before. I only succeed in arbitrage on one trading and many opportunities I see with it always end up with either wallet maintenance or I cannot withdraw. I lose money on this in 2018 and I will advise you that if you did not have any good software for this then avoid it.

Another thing to keep in mind is that you will be spending a ton of time following the exchanges you watch. This can be considered work, you might just as well get a real job instead of sitting infront of your computer trying to make a few bucks trading arbitrage.

For sure it would really require some work and finding out arbitrage opportunities would really need for you to eye on price differences between exchangers but there are some websites that had that
kind of listing out different prices from different coins on various exchange but those are just for major or top altcoins including btc itself but the fact that some of arbitrage opportunities do exist
on unknown or that too volumed coins in the market which means you would need to still check from time to time.If you do have work then you can still simply find out
arbitrage opportunities in your free time and since these opportunities doesnt come often.

Many are attracted to arbitrage because they see it as a way of trading in which you cannot lose, and this is simply not true, what will you do if you spot an arbitrage opportunity and then the exchange turns out to be a scam and you lose all your money? Things are not as simple as you think the are, besides many people here in the forum trade with very small amounts of money and arbitrage is known for the need to have huge amounts of cash to be effective and most people do not have what it takes to make it work.

to perform arbitrage, usually people monitor the list of sell and buy requests on the exchange. then comparing with other exchanges, if the difference is large and the number of orders can generate profits, it will be executed immediately. arbitrage for me the price reading speed and execution.

There are paid arbitrage websites which offer the mentioned services for fees less than $100. Execution speed and balance transfer issues are the main problems to grab the potential opportunities but experienced traders know how to handle such situations. Paying $100 for getting the technical data which will be useful for finding the gaps worth in flat markets but the same tool is a bit dangerous in volatile markets. DYOR before purchasing it or it will be a headache in the long term, from my experience.

You can't expect if the tx from one to another exchange site will be going very smooth if there are huge traffic in the blockchain. Basically, it's an impossible thing to arbitrage the ethereum assets as the blockchain is very slow and there's possibility for the deposit to be blockchain.

You must know if the exchange site that didn't wanna see the arbitrage users to go in will always try to block it.
That means you are in a big risk when the exchange site was doing such action preventing the arbitrage traders to sold their coins on it. '

Arbitrage will very effective to be done by using the scalable chain.

days are gone for arbitrage mate,there are friend of mine that use to do this strategy here in our country years ago,but now they stopped because of none profiting and time wasting only.
instead of arbitrage they are now doing daytrading or some of them are completely holder now,letting their currency stays long in their respective wallets.

If you are gonna arbitrage trade I think its better to do this with the help of bots as you have to act very very fast to move the funds between the exchanges . Also the arbitrage really depends on gas costs as well if you are going to use DEX as part pf one of the legs.

If you are not an experienced trader I would suggest you to stay away from it.

that's Why arbitrage is not that popular anymore like what this is in 2016 and 2017 not only very few people that is using this
 as strategy in trading.
But yeah maybe with Bot it can be safer a little but still i don't advise people doing this at our years now because it is much
 risky than trading in single platform.

This is why I said that arbitrage requires a massive amount of money, if you are depending on moving your coins fast enough from exchange to exchange while paying the fees of the exchange and the transaction itself when the network is congested by the time your coins get to the exchange you will have lost the arbitrage opportunity, you need to have accounts in 10 to 20 different exchanges and have enough money in each one to get decent profits which is not easy at all.

nah.. that's why so many people are not interested anymore to do the arbitrage trade.
So many times people in the telegram group have been complaining about this. The exchange site didn't even give a notice before the closing of the deposit and withdrawal.
The exchange site didn't wanna see its own market gets disrupted by the arbitrage traders who are always moving their funds and then dump it.

The exchange site is really smart these days.  :D :D

I have tried this severally and failed. I transfer from exchange A to B to buy the token, after purchase, Exchange B block withdrawal of the asset, this I have checked before doing the transfer and it was open for withdrawal. Exchanges are also monitoring price action and when there is a huge gap, they either block deposit or withdrawal. It is somehow risky now than that of 2017

And that same reason why this is not applicable in our days now,this is best strategy back in 2016 and 2017 mate but now?
when the value has not been moving up and down?better try to HOLD more than risking in strategy that OP don't really understand because if he is then for sure there is no question like this here now.

OP forget about arbitrage and instead buy try to Consider long term holding from today till next year.

I see that there is a lot of potential, for example, like the erc20 token on the uniswap DEX exchange with the CEX exchange, it's just that the transaction fee is very expensive so it can't get a big profit doing arbitrage, only very little profit, but I don't know besides the erc20 token maybe there are some who have potential, usually it all depends on withdrawal fees and transactions also need to be taken into account

And the same massive amounts at many different locations and in different currencies too,,, which is something else these arbies will not tell you so you find out yourself.

Easy to see all the price differences at different exchanges on CMC,,, not easy to take advantage of with slippage and fees and tx time:)

DEX is one of the worse exchanges to do arbitrage trading because they charge ridiculous fees now that transaction fee is high and before starting arbitrage trading these days there are things a trader must put into consideration. The capital, search the exchange that provides reasonable fee, understand the exchange rules and regulations.

Exactly how arbitrage strategy must in effect and that is requires Big amount of capital not like in past that you can start with smaller amount ,you only need Speed internet and knowledge in which exchange are fast moving and high price value.
and added that the fees those day are not that high than today so if you are using 2 or 3 currencies for sure good profit will be on yours each trade yo made.

Cryptocurrency has got difference of price in different country. Mostly this happens when there is no possible chances of buying from international vendors or cryptocurrency exchanges. There is increased demand, so local traders sell at a competitive price against another local trader. As one cannot buy from the international trader the people are supposed to buy from the local traders than exchanges. This traders actually buy from the international traders at reduced price and sell it with a profit margin of at least $1000/Bitcoin.

Arbitrage is no longer profitable for humans, as artificial intelligence software that makes arbitrage is much faster than humans. However, you can still make a lot of money if you create a successful software conducting arbitrage transactions.

Just the basic stuff and if it done well then that would really be an easy profits for you but to think that having access on local exchangers wouldnt really be that easy specially if its blocking new registrations
if they do know that there are differences or gaps with prices and this had happen in the past.

Anyone do might already know on whats arbitrage though and it is indeed worth thing to look for but the question is, would you able to make it as fast as you can?

Not all would really able to notice about price market differences but surely they do exist and it is indeed possible to make money with very less effort.

That's true but AI didn't give you any guarantee for the successful of your trade. So many times the exchange sites have already prevented the bot users to do arbitrage trade.
AI could make everything become very effective but in another site how successful the arbitrage trade actually depends on the exchange site too that has already taken as a destination to do arbitrage trade.

well still indeed, specially in small cap coin, but you need check their wallet status betwen other exchange before you make decision
and most likely these coin not exist in big exchange like binance, below radar and with small buy support, but yeah nice profit couple hundreds  $$  ;D
if you had family in other country arbit is heaven, i did remember when btc at peak 20k in my country around 25k..... :D

But what OP is asking about how to make profit in arbitrage i guess?

So what He need to have is Funds in multiple exchanges so anytime that the value of the bought currency rise then he can sell all the way.

In this strategy you must be updated in many exchange in which you will use to buy and sell your coins,needs fast internet and fast gadgets of course.

But TBH?i don't think this is still profitable now,but anyway better try it to learn what would happen,Just be careful and use small amount.

wasnt it possible a while back though with korea?

Arbitrage trading through Korea and other Asian exchange is good especially their peer 2 peer cause I learn that the price of their cryptocurrency market there is usually high than the normal market.
Back to the OP question, arbitrage is still profitable but require good fund and buying crom exchange like Binance to sell at Asian market is good strategy.

I am one of those who do not recommend making profit from cryptocurrency arbitrage, because it is very difficult to make profit from
arbitrage. It is not enough to check prices on every exchanges, but you must have sufficient capital to be able to conduct crypto arbitrage.
Because if our capital is small, withdrawal fees will eat up our capital, and execution must be fast, otherwise will lose quickly with other traders.

Exchange openings do exist yet getting yourself into it would truly be influenced by loads of elements neither confined. At the point when you discover two countries like that, changing the sum day by day and even hourly is imperatively significant, you need to ensure that you realize what the rates are for their money versus dollar also so as to make it work.

 its the art of buying on one exchange and selling to the other exchange right ? its hard because it needs time , research , capital and everything  . this is more than a day trade but if done right arbitrage traders can also earn quick and good money from this .

beside arbitrage , there are still trading , investing and staking that we can use as alternative to be able to earn in a less pressured way and earnings can be good as arbitrage too as long as you know how to do timing .

This is true, I’ve tried this arbitrage but it doesn't work for me. Instead of aiming to earn a profit, I've lost my funds. Aside from having enough funds it also needs time management since the price has swing movement to up and low. Anyone can do this arbitrage it depends on them on how they can manage to earn a profit.

Exactly, I can understand why people may be attracted to arbitrage trading since the possibility of earning money without losing any is without a doubt very tempting but things do not really work like they think they do, it is impossible for a human to be able to evaluate all the variables needed to make arbitrage trading a success, you need to create a bot to do so, but you cannot buy one because you do not know what it is on the code and you could lose your money to hackers, you cannot order a custom script either because you face the same problem, you need to do it yourself, and how many people have the necessary skill to pull off something like that?

Hi,

Perform Arbitrage Manually is very time consuming and you have to calculate Profits vs fees etc..

There are some Arbitrage bots that you can install in your exchanges, the problem is that you have to know about coding.

The third option is Use Crypto arbitrage platforms /Companies. They have a bot ans they perform the arbitrage, you have your profit everyday.

The daily profit is around 0.7%-0.9% of your investment.

You have to make a deep research about each company and see if they have demonstrated the proof of work of the crypto arbitrage bot. As many companies are Scam

There are only few companies that have demonstrated a proof of work of a crypto arbitrage bot.

If you want more information, please reply my post.

Best regards,

NMBT

Arbitrage through Korean Market gives good profit out of the price difference between the two market. With Korean Market it isn't easy to buy bitcoin from other countries. One needs to take chance of having a known person in Korea. For citizens of Korea it isn't a big deal. A person buying from Korea and send to the trusted person from the other country. This can gain good profit distribution between the two, and this way arbitrage trading can be made effective.

does it still work? arbitrage requires a large amount of capital so that the fee for each transaction does not feel heavy. but can you read sell and buy orders on each exchange? What takes precedence is speed and accuracy. Don't forget to see the announcement whether at that time the exchange opened up opportunities to deposit / withdraw assets? sometimes when there is an opportunity, the deposit & withdrawal are closed by the exchange itself.

Taking chances to the increase in the price of the cryptocurrency in the Asian market as arbitrage trading is a concern is good but the need of having someone or sending crypto to a trusted person on Korean soil is not advisable cause a good person can turn bad when huge money is involved. Besides, why do you need someone when there's some Korean online exchange that still supports the global market although the price may not be high like their local p2p market.

Arbitrage will always exist, look at the other markets that have been around for way longer than this one and there are still many arbitrage opportunities, the problem like always is to try to take advantage of the opportunity before it disappears, however one of the biggest issues is that we know that exchanges can stop withdrawals at any moment whether because of a hack, maintenance or some other reasons and this is always worrying because as an arbitrage trader you are not going to have the time to send your money from your wallet to the exchange so your money will have to be always on the exchange and if turns out to be a scam you will lose all of the capital you had there.

Check ABBC - https://coinmarketcap.com/currencies/abbc-coin/

Most of the time, there is a valid opportunity between CoinBene and BitForex ABBC markets. Do not forget to check are all wallets online (deposit/withdraw) in both exchanges before the start.

As far as I understand, arbitrage is now an area in which arbitration bots reign supreme. Anyone who has such bots, those succeeds in these matters. Manually arbitrage - now it may not give a lot of profit. For this now you need special software.

I guess you are right because if we want to do arbitrage trading, we need to calculate many things, including the time to have confirmation from the network, how long the coin will arrive on the other exchange, and else. Besides that, we need to have a good internet connection, so when the coin gets confirmed, we can directly sell the coin at the price we want. We don't have to force ourselves to try arbitrage trading if the risk is not worth doing because that can make us lose the chance to sell the coin.

Arbitrage no longer makes us profit, for me this is actually a waste of money to pay for shipping costs and also time-consuming because sometimes delivery is slow and there is often maintenance when there is a considerable price difference

it seems difficult to arbitrage because usually there are different rules different from all exchanges in each country, so it's a bit inconvenient too and time consuming worrying that it will be detrimental too, usually sometimes for altcoin transactions it takes several transactions to be confirmed more than usual, so I avoid trading with way like that now

well, if you are talking about arbitrage between crypto exchange platforms, it is hard for an indivudial. Because there are so many bots that doing this. you can not be faster than them. But you can try your chance maybe between uniswap and centralized exchanges.

Doing arbitrage manually is still a thing but it requires that you focus on opportunities that are hidden within the law and not in the markets, if you want to make money just by taking opportunities between the different exchanges then automated arbitrating with bots is the only option, no one can be as fast as a bot that only needs fractions of second to notice the difference between the price of the same coin in different exchanges and generate the buy orders as well, a human at best will need 10 to 15 seconds in order to do all of this and in many cases that delay is enough for the opportunity to disappear.

I would take a gander at the nations with a high unpredictable cash. As a rule, they are countries with high expansion and their cash changes esteem contrasted with the dollar a great deal too. At the point when you discover two countries like that, changing the sum every day and even hourly is indispensably significant, you need to ensure that you recognize what the rates are for their cash versus the dollar too so as to make it work.

I would look at the countries with a high erratic money. Generally speaking, they are nations with high extension and their money changes regard appeared differently in relation to the dollar an extraordinary arrangement as well. Exactly when you find two nations like that, changing the aggregate each day and even hourly is irreplaceably critical, you have to guarantee that you perceive what the rates are for their money versus the dollar as well to make it work.

Right when you do this, it will anticipate that you should have accounts in those nations, and likely monetary adjusts too if you can anyway if you can't that is fine, just open one in their close in terms of professional career and contribute bitcoin and exchange that way, when you have to get out you will get out using bitcoin as well while failing to require a record.

Exchange openings do exist yet getting yourself into it would truly be influenced by bunches of elements neither limited admittance or store on such trade when there are tremendous holes in cost or basically you wont ready to endure on the grounds that these odds aren't truly enduring that long however in the event that somebody do ready to identify it out, at that point there fortunate yet cash making would truly be simple as pie yet on the off chance that you do just make it on the opportune time and on the correct spot