make money by the price difference between exchange center

[EdenHazard]

Hi, All, 

I am very interested at the btc trading. I recently noticed that there is some price difference between different exchange center. Have anyone tried to buy the cheaper one and sell it at a separate place?

Does anyone interested in it? Let me know and we can talk about it more.

i dont think some exchange have a high margin between other bitcoin exchange,we all know that btcchina alwasy have higher price than other bitcoin exchange,but you must be considering about fee and fee transaction.

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[dipkiss]

you are talking about "arbitrage trading"

There are several thread about. And yes...you can make some money

I agree you still make some bucks with the difference of bitcoin price,but in the end you'll get a few or nothing because of withdraw fee

[RustyNoman]

you are talking about "arbitrage trading"

There are several thread about. And yes...you can make some money

I agree you still make some bucks with the difference of bitcoin price,but in the end you'll get a few or nothing because of withdraw fee

It depends on if you take into account the fees and time. Sometimes, there is big difference in different markets, you might make some money.

[taxmanmt5]

I had also thought about this ARBITRAGE Concept

However due to time taken by alt coins to reach other exchanges the price is getting settled back in less time

I would suggest members to hold balances spread across exchanges to get benefitted

[gotmilk_]

Hi, DropsOfJupiter!

As everything on this planet, arbitrage trading also has some pros and cons. One of the biggest cons is definitely the execution of arbitrage: if you want to create pure arbitrage profit, you need to buy the lowest and sell the highest the same amount of BTC at the same time, which requires a lot of market observation and to capture the right moment. You also need to distribute you funds equally between more than 1 market and the profit you can create with arbitrage will be much smaller in a short run, than with "buy low - sell high" trading. It`s more like "slowly, but surly" way of trading. On the other hand, arbitrage trading is far less risky for money losses and also the most predictable way that exist for now to trade BTC - you will always know what you will get (without speculation), since the arbitrage profit is mathematically calculated price difference between two exchanges. The best way to trade BTC with arbitrage is to find a arbitrage trading platform. There are few on the market, which enable two ways of arbitrage trading - manual (you can code your own trading bot) or semi automated (you can capture custom arbitrage opportunities) or fully automated (you just connect your exchanges to the platform by API keys - and the platform will trade automatically).  

[walter3211]

You need to be quick and get the money ready on different exchangers. Otherwise the opportunities will slip fast. Actually many ppl are doing it.

[Monnt]

This is called arbitrage. It is possible, but it is hard to do due to the varying rates and how the exchange's support usually has to manually verify your withdrawal.

[gotmilk_]

That`s true - it`s really difficult to make arbitrage without some kind of intermediate (automated algorithm) fast enough to capture arbitrage opportunities between markets and that`s the reason, why there are more and more arbitrage trading platforms emerging.

If somebody is interested, feel free to try out our recently released beta version of arbitrage trading platform (- free trial for 1 month). You can make arbitrage directly between markets (without any extra withdrawal confirmation needed) and exchange fees are always pre-included into the profit calculation, so you will always see the final profit with exchange fee already included. To trade with KRIP.TO you just have to connect your exchange accounts to the platform (only API needed) and our algorithm will start automatically search for arbitrage opportunities among connected exchanges and provide you with a real-time arbitrage trade opportunities. We support two ways of arbitrage trading: semi-automated (capture custom opportunities) and fully-automated. More info on http://beta.krip.to.