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Author Topic: Arbitrage trading ?  (Read 2189 times)
ikydesu
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December 23, 2016, 07:45:42 PM
 #21

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.

Put high fees is can get faster confirmation, because your transaction have more priority to be proccess on the network.
I'm not really familiar with arbitrage, but i still in learn how this can earn profit. I also research pair btc/usd(or fiat), it's movement indeed moving fast, like @Idrisu said, use arbitrage to trade coin -> coin is have more chance to earn profit.
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December 24, 2016, 02:13:27 PM
 #22

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.

Put high fees is can get faster confirmation, because your transaction have more priority to be proccess on the network.
I'm not really familiar with arbitrage, but i still in learn how this can earn profit. I also research pair btc/usd(or fiat), it's movement indeed moving fast, like @Idrisu said, use arbitrage to trade coin -> coin is have more chance to earn profit.

when you want to do arbitrage trading this way one of the first restrictions that you are going to face is the amount of profit you can earn from your trade. and this method they are talking about if you want to pay extra fees you are cutting your own profit into a very smaller amount and you may even end up losing money.

and besides it is withdrawal from one exchange to another, so you don't control how much fee it has!

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December 24, 2016, 03:06:41 PM
 #23

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

I believe that Kraken https://www.kraken.com/ is good enough for you if you want to trade in EUR. Merry Christmas!
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December 24, 2016, 04:09:44 PM
 #24

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

I believe that Kraken https://www.kraken.com/ is good enough for you if you want to trade in EUR. Merry Christmas!

best platform in trading bitcoin-usd, i only use poloniex but there are many option you can choose. and kraken can be another option to trading usd and euro and kraken is a good site as far as i know but you can search other site that have a good recommended so you have more option to trading euro.

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December 26, 2016, 05:09:12 AM
 #25

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

I believe that Kraken https://www.kraken.com/ is good enough for you if you want to trade in EUR. Merry Christmas!

best platform in trading bitcoin-usd, i only use poloniex but there are many option you can choose. and kraken can be another option to trading usd and euro and kraken is a good site as far as i know but you can search other site that have a good recommended so you have more option to trading euro.

how are you trading bitcoin with "USD" on poloniex when they do not have a fiat market? the only thing they have is altcoins and among those they have a USDT which is the same value as USD but it is still an altcoin and if you need fiat you have to withdraw somewhere else to convert it!

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December 26, 2016, 08:40:32 PM
 #26

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.
These days exchange processes are computerized, such that arbitrage opportunities are quickly filled up, but nevertheless still occur. It then stand to reason that approaching this strategy manually would yield little or no result at all. Suffice to say that use of bot is inevitable for the beauty of this strategy to manifest.

The prices at the two exchanges have to differ for this strategy to work, but if does not necessarily have to be a huge difference for money to be made. That aside, profitability with this strategy is directly linked with the amount of fund that is behind a trade, so even with little differences in market price, the volume of trade stands to bring in the multiplier effect.
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December 27, 2016, 12:33:35 AM
 #27

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

I believe that Kraken https://www.kraken.com/ is good enough for you if you want to trade in EUR. Merry Christmas!

best platform in trading bitcoin-usd, i only use poloniex but there are many option you can choose. and kraken can be another option to trading usd and euro and kraken is a good site as far as i know but you can search other site that have a good recommended so you have more option to trading euro.

Why always polo? Bitmex, xbtce all of them are the best place for trade btc with USD pair. Polo is an alt exchange and it's Fiat pair exchange site.
http://coinmarketcap.com/exchanges/volume/24-hour/

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January 01, 2017, 12:10:32 PM
Last edit: January 01, 2017, 12:28:30 PM by BitWhale
 #28

Another option (instead of depositing USD/Fiat and buying coins) is to use exchanges that allow margin trading so you can short sell bitcoins.

Bitfinex & BTC-E are a good example, though you will have exchange hack risk (keeping money in an exchange sucks).

Anyways, say Bitfinex is 750, btce is 725.

buy the lower, sell the higher... Short (sell) Bitfinex 1 btc @ 750, go long (buy) BTC-E 1 btc @ 725.

When the gap comes near to closing, close both trades. (In Example, both Bitfinex & BTC-E are both priced at $742, close both trades).

Bitfinex trade = (1 btc * 750) - 742 = $-8.00
BTC-E trade = 742 - (1 btc * 725) = $+17.00

$+17.00 - $8.00 = $+9.00

You will lose on one trade, but win more on the other. It doesn't matter if btc rallies/falls $100s of dollars in the mean time, all you care about is the width of the gap between exchanges.

Eventually, one of your accounts will run low on funds (because it continually loses while the other side continually wins)... simply send bitcoin from the winning account to the losing account and balance their funds out... no FIAT involved... This to me seems to be the most straight forward way to arbitrage bitcoin in this day & age, granted it's a totally different concept than the one you have mentioned.

Also, triangular arb is another good idea, but bots have that one on lock, you won't find a single cent in profit from that one, trust me i've tried!! Tongue
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