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Author Topic: [Free plan] AltCoin Opportunity - Arbitrage tool  (Read 179 times)
Truite (OP)
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January 14, 2018, 09:22:22 PM
Last edit: January 20, 2018, 12:16:55 AM by Truite
 #1

AltCoin Opportunity

About

AltCoin Opportunity is an arbitrage tool targeting Altcoins exchanges. The tool constantly monitors these exchanges to find discrepancies in Altcoins and Bitcoin prices. The difference in prices can lead to profits.

What is arbitrage?

Arbitrage is the act of buying an Altcoin at a lower price on exchange A and selling it at a higher price on exchange B for a profit.

Supported exchanges

  • Binance
  • Bittrex
  • Cryptopia
  • HitBTC
  • Kucoin
  • Livecoin
  • Poloniex

Prices

  • Free plan : Opportunities up to 5%
  • 10$/month : All Opportunities

Notices

This tool does not take into account exchange's deposit, withdraw and transaction fees.

Screenshot

https://i.imgur.com/VprT45y.png

Contact / Questions / Feedback

Send me a PM or message Truite @ http://discord.gg/gTyKrzh
Truite (OP)
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January 16, 2018, 05:49:19 PM
 #2

Come try it for free. Simply message me !
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January 17, 2018, 07:06:11 PM
 #3

Will you add Binance to this?
I have noticed some strong swings in prices on Binance for some pairs which do not even show up on Coinmarketcap. Which presents major arbitrage opportunities.

Excluding Binance, would you ever be including any regional exchanges? Something like a Coinsecure or Unocoin??


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kittucrypt
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Ok Check!


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January 17, 2018, 07:09:21 PM
 #4

Does your code account for commission costs?

motoprose
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January 17, 2018, 10:43:35 PM
 #5

I would give it a try with hitbtc and cryptopia.
But as someone mentioned earlier I would be more interested in a pairing with binance instead of the others which you need to have a verified account to use now upcoming this Q1.
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January 18, 2018, 02:13:41 AM
 #6

You are just giving 1 day free trial? I know that this type of system really helps if you have a huge capital as you needed to be ready having funds
between exchange,  just an opinion maybe its better to give a week free so beta tester will enjoy and buy the service after.
Truite (OP)
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January 19, 2018, 11:31:54 PM
 #7

Great news ! There is a now a free plan that shows opportunities up 5%.

Will you add Binance to this?
I have noticed some strong swings in prices on Binance for some pairs which do not even show up on Coinmarketcap. Which presents major arbitrage opportunities.

Excluding Binance, would you ever be including any regional exchanges? Something like a Coinsecure or Unocoin??

I used to pull data from Binance, but I got rate limited easily. As for Coinsecure and Unocoin, the service is currently orientated towards Altcoins-BTC.

Does your code account for commission costs?

Unfortunately not since every exchange have their own way of calculating the fees.

I would give it a try with hitbtc and cryptopia.
But as someone mentioned earlier I would be more interested in a pairing with binance instead of the others which you need to have a verified account to use now upcoming this Q1.

As I mentioned above, I am having trouble with Binance rate limits. The service currently pulls the data too fast. I will look into it since it's popular.

You are just giving 1 day free trial? I know that this type of system really helps if you have a huge capital as you needed to be ready having funds
between exchange,  just an opinion maybe its better to give a week free so beta tester will enjoy and buy the service after.

I just announced a free plan that gives access to opportunities up to 5%. Do you think I should offer a free full week trial?
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January 19, 2018, 11:42:43 PM
 #8

A full week free trial sounds better, or even a 1 week money-back guarantee.

Is the tool web-based, or an executable?
Truite (OP)
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January 20, 2018, 12:19:20 AM
 #9

A full week free trial sounds better, or even a 1 week money-back guarantee.

Is the tool web-based, or an executable?

The tool is web-based only.

@Everyone : Binance support is now re-established.
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January 20, 2018, 03:14:28 PM
 #10

Does your code account for commission costs?

This is something that I would definitely be interested in, however what kind of results has this been seeing during beta so far? It would need to calculate in fees and commission costs, so I'm assuming this to be the case, but please correct me if I am wrong.

Bittrex
Cryptopia
HitBTC
Kucoin
Livecoin
Poloniex

You mentioned it offers support for these exchanges, but I wonder if it is possible to profit with your tool using only a few of these exchanges. As far as I know some of those do not operate with residents from certain countries, so it would be very helpful to know how it operates for these people, given those circumstances.

Does your program/tool ever experience problems where it does not profit? I can understand it taking a long time, or maybe missing opportunities, but I would be unwilling to test if it is throwing random losses.

I would suggest giving out 1-week trials, rather than 1-day trials, since this is in Beta and users are bound to run into many issues during set-up and the learning curve. Unless your tool is pounding out crazy profit and making many trades a day, then you should allow users some extra time to get used to things; especially because as far as I can tell it is in beta and there should be no pricing until beta is finished. We can help you finalize your tool through extended beta, this would allow users to fully see the capabilities and potentially notice when the tool is acting out of the ordinary. We can help you find bugs, errors and adjust parameters to make it even better, but we cannot do this in only 1-day.

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