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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Trade stablecoins on: May 26, 2021, 04:01:38 PM
I was also looking for these oscillations a time ago. Scalping on those fractions of price movements.

To code a bot, e.g. in Python to connect to Binance API.

For example on the USDT-DAI or BUSD-USDT pairs on Binance, it would be possible to make on average 5-10 trades per day with 0,05-0,15% profit per trade. Occasionally, there are price spikes. And if opening a long trade on price-low or lower than some short moving average of price, it could be a profit of 0,2-1% per trade. That could make a ~100% ROI in few months.

But the trading fees (maker/taker) make it more difficult, on Binance are 0,1%+0,1% per trade which basically takes the whole profit of trade and that makes the scalping really inefficient, even loss - if I understood these fees correctly.
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