Arbitrage trading ?

[Araudan]

Hello everybody,

I'm making some research about how to do bitcoin arbitrage trading.

My main problem is not the time to deposit fiat money, but the time to send bitcoin to the other exchange.
So my question is : how I can sell immediately btc I just bought, to the other exchange who offers a bigger price ?
I have heard about API but I don't exactly if it's instant by using it or not.
For example, I would like to buy to Bitstamp and sell to Kraken.

Thank you !

[ipanks]

Hello everybody,

I'm making some research about how to do bitcoin arbitrage trading.

My main problem is not the time to deposit fiat money, but the time to send bitcoin to the other exchange.
So my question is : how I can sell immediately btc I just bought, to the other exchange who offers a bigger price ?
I have heard about API but I don't exactly if it's instant by using it or not.
For example, I would like to buy to Bitstamp and sell to Kraken.

Thank you !

you still waiting for the confirmation and after your balance is show up into other exchange, then you can directly sell your bitcoin. i think its need too long for waiting the confirmation but you can try to fill your curiousity.

[eternalgloom]

Hello everybody,

I'm making some research about how to do bitcoin arbitrage trading.

My main problem is not the time to deposit fiat money, but the time to send bitcoin to the other exchange.
So my question is : how I can sell immediately btc I just bought, to the other exchange who offers a bigger price ?
I have heard about API but I don't exactly if it's instant by using it or not.
For example, I would like to buy to Bitstamp and sell to Kraken.

Thank you !

you still waiting for the confirmation and after your balance is show up into other exchange, then you can directly sell your bitcoin. i think its need too long for waiting the confirmation but you can try to fill your curiousity.

Yes, you'd always have to take confirmations into account, but adding a higher fee (if that's even possible on exchanges) would confirm the transaction faster.

You could also look into buying an arbitrage bot, which would be more efficient in general.

[BitcoinHodler]

there are a lot of problems with arbitrage trading and what you say here is only the tip of the iceberg.
the prices are usually at the same levels and even when there is a change, the gap which was created only lasts a very small time so you would need to act super fast or you will miss out and also this gap has to be big enough so it can cover all the fees and be still profitable.

[amacar2]

For arbitage trading you need to hold both fiat and bitcoin in all the exchangers where you will be trading. And actually with API also you can't just sell bitcoin from one trading platform to another platform. But to automate the process or arbitrage trading there are several trading bots find best and trusted one which can meet your needs.

[eternalgloom]

there are a lot of problems with arbitrage trading and what you say here is only the tip of the iceberg.
the prices are usually at the same levels and even when there is a change, the gap which was created only lasts a very small time so you would need to act super fast or you will miss out and also this gap has to be big enough so it can cover all the fees and be still profitable.

Arbitrage is certainly still possible, especially on days/weeks with a lot of volatility.
And you can just avoid most problems regarding being too slow if you use an arbitrage bot, like I've said in my previous post.

[SAMKUSH]

You could just split your total balance between the two sites and when you buy on one site you also sell on the other, once you have done this you then transfer enough bitcoins over to the other account to make the balance equal again.

[iqlimasyadiqa]

Hello everybody,

I'm making some research about how to do bitcoin arbitrage trading.

My main problem is not the time to deposit fiat money, but the time to send bitcoin to the other exchange.
So my question is : how I can sell immediately btc I just bought, to the other exchange who offers a bigger price ?
I have heard about API but I don't exactly if it's instant by using it or not.
For example, I would like to buy to Bitstamp and sell to Kraken.

Thank you !

currently difficult to find the margin between exchange rates. each exchange has almost the same price. and when arbitrating course, we must think about the cost of the fee be incurred. it will be difficult for those who only have very little capital.

[betlord90]

I dont even try arbitrage because some said that its not good to use it he said to me that i can lose my mony using arbitrage. Its that true that posible to lose money using that. I hope i can try this one of this day.

[Araudan]

there are a lot of problems with arbitrage trading and what you say here is only the tip of the iceberg.
the prices are usually at the same levels and even when there is a change, the gap which was created only lasts a very small time so you would need to act super fast or you will miss out and also this gap has to be big enough so it can cover all the fees and be still profitable.

Arbitrage is certainly still possible, especially on days/weeks with a lot of volatility.
And you can just avoid most problems regarding being too slow if you use an arbitrage bot, like I've said in my previous post.

If I use an arbitrage bot using API, I'll still have to wait to receive my btc on the other exchange no ?

[DarkStar_]

Bitcoin arbitrage trading is tough, because you need to take into account all the fees, which might be a pain to program. Not only that, but the small margin opportunities you have will become negative after fees (ie 10$ more on site X, but site Y charges a 2% fee on purchasing). Maybe focus on arbitrage trading altcoins (made around 0.005BTC from arbing ~0.5BTC total on LTC), or try selling on localbitcoins (usually 20+ dollars over spot), and buy the BTC from an exchange when someone wants to buy.

[clickerz]

Bitcoin arbitrage trading is tough, because you need to take into account all the fees, which might be a pain to program. Not only that, but the small margin opportunities you have will become negative after fees (ie 10$ more on site X, but site Y charges a 2% fee on purchasing). Maybe focus on arbitrage trading altcoins (made around 0.005BTC from arbing ~0.5BTC total on LTC), or try selling on localbitcoins (usually 20+ dollars over spot), and buy the BTC from an exchange when someone wants to buy.

That is right, you must factor the charges and fees. Remember that when you buy, there is a charges and when you transfer in another exchanges there is another charge, and finally when you sell its another charges. Its better to figure this out,so that you can minimize your losses.

[gandame]

Bitcoin arbitrage trading is tough, because you need to take into account all the fees, which might be a pain to program. Not only that, but the small margin opportunities you have will become negative after fees (ie 10$ more on site X, but site Y charges a 2% fee on purchasing). Maybe focus on arbitrage trading altcoins (made around 0.005BTC from arbing ~0.5BTC total on LTC), or try selling on localbitcoins (usually 20+ dollars over spot), and buy the BTC from an exchange when someone wants to buy.

That is right, you must factor the charges and fees. Remember that when you buy, there is a charges and when you transfer in another exchanges there is another charge, and finally when you sell its another charges. Its better to figure this out,so that you can minimize your losses.

So the arbitrage is not advisable right? Because as see they full of fee transaction. Maybe the better we so is stick into one place and wait that the bitcoin price also get high in that exchanger. Yes its better to figure it out because every cent is important.

[sotoshihero]

So the arbitrage is not advisable right? Because as see they full of fee transaction. Maybe the better we so is stick into one place and wait that the  price also get high in that exchanger. Yes its better to figure it out because every cent is important.

It depends on the situation. If you check that there is a good difference to profit, why not. Upon checking then you can decide to arbitrage or not. You must also do quickly as maybe others are doing so, and you might end up at lower price when you transfer your coins.

[yakdivine]

Arbitrage trading is good when you are trading within bitcoin and litecoin or other altcoin. From my observation it take alot of speed for you to be profitable in arbitrage trading but the bank will always slow you down through conversion to fiat currency.

[Idrisu]

Arbitrary trading is best when you are trading it with a robot and not bitcoin with fiat but bitcoin with other altcoin. Arbitrary trader most time loss they capital because of lack of knowledge on how the exchange work. I didn't think currently you can succeed with arbitrary trading using fiat because of timing.

[maydna]

Arbitrary trading is best when you are trading it with a robot and not bitcoin with fiat but bitcoin with other altcoin. Arbitrary trader most time loss they capital because of lack of knowledge on how the exchange work. I didn't think currently you can succeed with arbitrary trading using fiat because of timing.

yes its good if you have balance in each of the market but if we only buy in bitstamp and then we send it to kraken, i think its wise to do this, because that btc amount can not always fast to completed the confirmation even if we use higher fee, because its depend with the blockchain network, its high traffic or not and many thing should be think, so watch out when you want to do arbitrage trading.

[Victorycoin]

Bitcoin arbitrage trading is tough, because you need to take into account all the fees, which might be a pain to program. Not only that, but the small margin opportunities you have will become negative after fees (ie 10$ more on site X, but site Y charges a 2% fee on purchasing). Maybe focus on arbitrage trading altcoins (made around 0.005BTC from arbing ~0.5BTC total on LTC), or try selling on localbitcoins (usually 20+ dollars over spot), and buy the BTC from an exchange when someone wants to buy.

That is right, you must factor the charges and fees. Remember that when you buy, there is a charges and when you transfer in another exchanges there is another charge, and finally when you sell its another charges. Its better to figure this out,so that you can minimize your losses.

So the arbitrage is not advisable right? Because as see they full of fee transaction. Maybe the better we so is stick into one place and wait that the bitcoin price also get high in that exchanger. Yes its better to figure it out because every cent is important.

There are quite a number of exchanges out there and there rates do not respond to changes in market prices with same speed, so arbitrage opportunities can never be ruled out, only that a trader have to be properly equipped and ready to take action all too soon one is spotted, because these days exchanges deploy very powerful computers to check and offset arbitrage opportunities.

A good way to go about it, is by employing a smart bot and by having good enough funds sitting in one's account in as many exchanges as possible. Something worth giving a second thought here, is that leaving huge amounts in exchanges is not in the best interest of any trader.

[Pursuer]

Bitcoin arbitrage trading is tough, because you need to take into account all the fees, which might be a pain to program. Not only that, but the small margin opportunities you have will become negative after fees (ie 10$ more on site X, but site Y charges a 2% fee on purchasing). Maybe focus on arbitrage trading altcoins (made around 0.005BTC from arbing ~0.5BTC total on LTC), or try selling on localbitcoins (usually 20+ dollars over spot), and buy the BTC from an exchange when someone wants to buy.

That is right, you must factor the charges and fees. Remember that when you buy, there is a charges and when you transfer in another exchanges there is another charge, and finally when you sell its another charges. Its better to figure this out,so that you can minimize your losses.

So the arbitrage is not advisable right? Because as see they full of fee transaction. Maybe the better we so is stick into one place and wait that the bitcoin price also get high in that exchanger. Yes its better to figure it out because every cent is important.

There are quite a number of exchanges out there and there rates do not respond to changes in market prices with same speed, so arbitrage opportunities can never be ruled out, only that a trader have to be properly equipped and ready to take action all too soon one is spotted, because these days exchanges deploy very powerful computers to check and offset arbitrage opportunities.

A good way to go about it, is by employing a smart bot and by having good enough funds sitting in one's account in as many exchanges as possible. Something worth giving a second thought here, is that leaving huge amounts in exchanges is not in the best interest of any trader.

these opportunities are rare and also small. it is not your everyday incident that you can see a big difference between prices on different exchanges. if you want to make fast trades instead of opening up a position in the orderbook and wait for it to be filled, you need a big difference. and what happens is that usually among different exchanges that accept USD for example the difference is small but if you look at Chinese exchanges for example the difference is bigger but you cant trade there because of the fiat difference.

[kamikaza]

Guys question, what is the best platform for trading bitcoin? and does someone know a place were i can exchange by btc directly to euro? thanks and marry xmass