is it practical to move coins among different webs and earn the margins?

[btcton]

There are some differences in prices among different platforms. sometimes huge. can you move coins and earn the margins?

What's the point in doing that . The difference might be in cents but if you try to exchange from website to another then you are probably giving double fees and this is where you lose . Why do you even care about penny's! It's better to just hold Cryotocurrencies and you'll simple earn free cents like that.

We are not talking about just cents at all, actually. I just checked and I would like to make a few updates to my previous post. It seems that this can come to be quite profitable at certain times if you employ the correct strategy. It seems to me that many bots that do the crypto arbitraging for you automatically do not take into account a few aspects of trading where you can make money. Right now, I'll keep the details to myself, but another possible way of making arbitrage profitable is to not transact in Bitcoins. This does not necessarily mean that you cannot do arbitrage with bitcoins, but that if you do, you should be transferring value between exchanges using some other form such as ethereum which has way lower fees and much faster transaction speeds. This does mean higher trading fees, however.

[player514]

There are some differences in prices among different platforms. sometimes huge. can you move coins and earn the margins?

I don't think this will be super profitable. I assume you're talking about differences that are often talked about across countries. For example, the price of BTC in South Africa (If I remember correctly) is significantly higher than the prices here. I'm sure you'd run into some issues. I don't think exchanges generally would allow for that. Even if they do, though, you're going to miss out on regular fluctuations of Bitcoin too. Furthermore, you're going to face fees on the transfers. Overall I just don't think it's worth it.

If you're in Zimbabwe, South Africa, Venezuela, Brazil, then yes arbitrage is a great option to make a great amount of money just from buying in one spot and selling in another. If you're in Europe or north America i t's not going to pay the bills unless you're doing 10MM a month in volume in which case you just do whatever you like.

You seem to know a lot more about arbitrage than I do. I was wondering, are there any form of fees along this form of trading? Is it solely dependent on the demand in an area? For example if we have someone in South Africa paying 19k for a single bitcoin, and someone from the US buys one for 16k and sells it over there, won't he run into any legal trouble? Or is that completely ruled out because of the anonymity? Arbitrage seems a little dirty to me.

[btcton]

There are some differences in prices among different platforms. sometimes huge. can you move coins and earn the margins?

I don't think this will be super profitable. I assume you're talking about differences that are often talked about across countries. For example, the price of BTC in South Africa (If I remember correctly) is significantly higher than the prices here. I'm sure you'd run into some issues. I don't think exchanges generally would allow for that. Even if they do, though, you're going to miss out on regular fluctuations of Bitcoin too. Furthermore, you're going to face fees on the transfers. Overall I just don't think it's worth it.

If you're in Zimbabwe, South Africa, Venezuela, Brazil, then yes arbitrage is a great option to make a great amount of money just from buying in one spot and selling in another. If you're in Europe or north America i t's not going to pay the bills unless you're doing 10MM a month in volume in which case you just do whatever you like.

You seem to know a lot more about arbitrage than I do. I was wondering, are there any form of fees along this form of trading? Is it solely dependent on the demand in an area? For example if we have someone in South Africa paying 19k for a single bitcoin, and someone from the US buys one for 16k and sells it over there, won't he run into any legal trouble? Or is that completely ruled out because of the anonymity? Arbitrage seems a little dirty to me.

I am not the person you are asking, but if I understand correctly, this would vary a lot not by country, but by platform. If you are doing local, direct trading rather than using platforms such as LocalBitcoins or exchanges such as GDAX, then you have a much better chance at successful arbitrage than anything else. To show an example, if you were to deal completely directly with 2 people in different locations with no intermediary, that would mean that there would be absolutely no added fees other than the transaction fees required for the bitcoins to change hands. The problem with this method is that it is much slower and harder to execute than through API-enabled exchanges that allow for automation to happen.

It really isn't worth doing except in very big amounts.

[naidray]

this kind of trading is mane reason to make fee is high as hell.

you only kill bitcoin from inside.

Lol, well that is the reason why the price will have to keep increasing for now until we have the lightening network. Arbitraging is not that easy and unless you really have much to move around and pay a high fee for it and make some good profit, then it is not something that should even be delved into, most especially for bitcoin. We cannot stop it and it will always happen as long as the opportunity is there.

If OP is referring to an arbitrage trading, it would only work if the network speed will not end up catching up with him. However, there are some coins that are good for arbitrage though, but it is still a little bit risky. For BTC, you should better just forget it because the fees, transaction speed in between exchanges and all that will frustrate you unless the margin is just so huge that you can afford all that.

[michkima]

There are some differences in prices among different platforms. sometimes huge. can you move coins and earn the margins?

This is clearly arbitrage trading. But be aware that there is really a lot of danger in doing it. Since there are a lot of cost is moving crypto from exchange to exchange it could eat up your profits also remember that there is also the cost of buying and selling. So the thing is you need to have a lot of crypto to do this. For example, you want to arbitrage ETH, the best course of action would be having ETH and BTC in both exchange sites. So that when an arbitrage opportunity exists, then you can sell your ETH on the exchange with higher prices and buy using BTC in the site with lower prices. This way you eliminate the risk of the prices equalizing before you receive the ETH you bought on the other site.

[dankJ]

First time posting..i am new to this site and new to trading crypto's ... but i am not new to trading.

As i dive into the world of cryptos...one of the main attractions that i see (again..early on in my learning curve) is the insane potential for profits in arbitraging.  Not necessarily as the OP states...by moving coins from exchange to exchange....but rather from coin to coin.  I think there is a TON of potential there.  Maybe you ultimately want ETH...but because none of these markets appear arbitraged...it may be cheaper to go USD to, say, BCH, to ETH...as opposed to directly USD to ETH. 

I come from the world of futures, forex, and equity trading...for the point of this topic, the forex is most applicable....but all of those markets are arbitraged.  buying a euro with your usd will be almost exactly the same as buying that euro with yen that you bought with usd.  I am not used to seeing these instruments trade out of sync with each other.  I can look at a chart of BTC/USD  and a chart of ETH/USD ...they both are doing the same thing...moving pretty in step with each other...lets say they both are up 10% for the day... so in an arbitraged market...a chart of ETH/BTC should be essentially flat, and sideways...because even though each coin is appreciating in value...they are doing so at essentially the same pace...so the ETH/BTC shouldn't be moving all over the place. but it is. 

they are not balanced and i think there is MASSIVE potential to exploit that.  On the down side though, also seems to greatly increases the risk factor.

Am i missing something here?  I have not yet put money on the line in trying this strategy...but i feel like there is something i am not seeing, in regards to arbitraging potential.

[akram143]

Yes,we can earn profits by moving coins from one exchange to others because normally there is huge price difference between exchanges.But it is riskier when we do this kind of strategy with bitcoins because the confirmation time needed is long for bitcoin then other coins so the price may change at the waiting time then you will lose your profits in the form of transaction fee.You can try this strategy with ethereum and there is chance for earning good profits in short time.

[wagi]

There are some differences in prices among different platforms. sometimes huge. can you move coins and earn the margins?

Yes of course you can move the coin between some website to earn some profit amd its legal so you dont need to worry about it.
But there are some technique that you need to learn before doing arbitrage trading.