Looking For Good Arbitrage Trading Program

[astr]

HI does anybody know of a good Arbitrage Trading Program trading BTC or USD?
also is arbitrage profitable?

[BitMaxz]

Are you looking for Arbitrage bot or a program?
If you are looking for Arbitrage Trading bot there is one that I know can be trusted which is developed by Gunthy but it requires GunBot license to make it work. They called it BitRage check this thread about this from here https://bitcointalk.org/index.php?topic=5134562.0

Since arbitrage trading is just like buy low at exchange1.com and sell it on higher to exchange2.com. The price of the coin on the exchanges is not the same so you are making a profit from an imbalance in the price.

[leowonderful]

If you're looking for another bot that allows you to arbitrage trades between exchanges, Haasbot also allows you to do this through their Inter-Exchange Arbitrage Bot (click here for link), though I'm currently not a user of Haasbot and I have more experience with Gunbot. Arbitrage is definitely profitable if performed well and with well-tweaked settings, but you'll likely have to do some tinkering with settings on your own to optimize things.

[btc-facebook]

arbitrage trading requires high analytical techniques,
already have to be able to read the chart movement of each time frame, this will prevent it from losing because it is too late to send coins from one exchanger to another exchanger,
time management is certainly also very much needed.
So the point is if you feel that you are not a professional trader, I suggest not doing arbitration, or you can use trading bots that are specifically arbitrary.
but I have never agreed to use bots, because the risk is still high.

[JessicaVL]

HI does anybody know of a good Arbitrage Trading Program trading BTC or USD?
also is arbitrage profitable?

The Arbitrage trading platform I am currently using is Tap . Tap is an all in one trading platform, cold storage wallet and crypto banking app. This means you can obtain, trade, store and spend your crypto all from one app. I really enjoy the convenience of it all. The app scans 100s of top exchanges gettting you the best rate when buying and selling cryptos.

[TheUltraElite]

HI does anybody know of a good Arbitrage Trading Program trading BTC or USD?

The people who posted above have posted about a bot called GunBot. You can use that, because it is open source and the developer is active on social media channels and their forum. Quick support system and a growing community to help you when you need.

also is arbitrage profitable?

Depends on your opinion. Some people try out exchanges and use the minor differences in prices to buy on one exchange and sell on another taking advantage of the difference. That is one method to profit which the bot makes it easier since it observes several exchanges and runs the algorithm itself. You just have to put in your bitcoins there.

It does not mean you are guaranteed a profit. There may not be a positive difference every time. So use them at your own risk.

[salkan3]

HI does anybody know of a good Arbitrage Trading Program trading BTC or USD?
also is arbitrage profitable?

Mushino has a triangular arbitrage tool that lets you find triangular arbitrage opportunities across 250 trading pairs.

Triangular arbitrage is a little bit harder to execute than regular arbitrage (you need to execute 2 trades, instead of 1), but it is also a lot more profitable!

Currently there is a 2% triangular arbitrage opportunity on some top 100 market cap coins. That means you can make 2% of your order size on executing those two trades (when not taking into account fees and slippage).

2% compounded over many trades can earn you a great amount.

[justdimin]

Always be careful whenever you want to use a program, it is quite dangerous to do it without any precaution. Arbitrage is a very dangerous thing if you are too late, you have to be very quick about it and if you end up using a program for it then it would eventually turn into something that will lose money very quickly then you are done.

Always do your research on what you want to use and ask for proof that it works on an demo program that runs 24/7, if a product can't offer proof of their system working 24/7 all the time and making a profit, they are not worth even trying. I personally would suggest staying away from it if you are new to this, that is a very high end level of trading to use a bot to do arbitrage, there are a lot of ways to cover between being a newbie to doing that.

[wolflarcen]

Always be careful whenever you want to use a program, it is quite dangerous to do it without any precaution. Arbitrage is a very dangerous thing if you are too late, you have to be very quick about it and if you end up using a program for it then it would eventually turn into something that will lose money very quickly then you are done.

Always do your research on what you want to use and ask for proof that it works on an demo program that runs 24/7, if a product can't offer proof of their system working 24/7 all the time and making a profit, they are not worth even trying. I personally would suggest staying away from it if you are new to this, that is a very high end level of trading to use a bot to do arbitrage, there are a lot of ways to cover between being a newbie to doing that.

Totaly agree, that you should be fast.
And the second important things- it's excanage fees of crypto exchanges, if you have standart fees the arbitrage will give you only loses.