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Author Topic: NEW ARBITRAGE SERVICE  (Read 75 times)
coinspread
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March 27, 2018, 09:15:52 AM
 #1

Hey guys!

Today i want to tell you my story in crypto industry step by step.

One year ago i heard about crypto first time and as many of us don’t trust this theme.

But i started to learn more about this industry and bought some bitcoins at 2500$. Some time after that bitcoin raised and i take profit.

I was really lucky. because i didn't do anything. just used strategy to buy and hold and i took 4x profit (sold it when it was at 10 000), but then market grown x10 for 2017. and at the beginning of 2018 market collapsed and bitcoin price went to 6500!!

at this time i resigned from my job and had to do something because, i thought, bitcoin price will go to 15-20К maximum in 2018. and i started to learn how can i earn money on this market with other ways.

you have to be a good trader to earn huge money and i realized that. but i hadn’t enough money and time to start learn for trading. but i spent 1 week to learn strategies traders are using on real markets and one of them is arbitrage strategy. Arbitrage is a real way to generate revenue with low risk.

The idea is to use price difference for same crypto-coin on different exchanges. Buy coin with lower price on one exchange and sell it with higher price on another one.

i saw this difference on different exchanges but the problem is spread usually disappeared to the moment when i found it manually. and that was my first lesson on that way - you should use opportunity you found very quickly.

another problem which i faced with - how to find that price difference?

there are 100+ different exchanges at the moment and more than 1000+ coins and tokens. How to find spreads among this quantity? just imagine 100 exchange * 1000 tokens = 100 000 combinations which you need to check!?

and third problem how to get back assets on exchange where i started from? this is a real problem since if i made first step and sold coin on exchange 2 how can I get assets back on exchange 1?

finally i hired developers and we develop own service which solve all problems ---> coinspread

First of all we are constantly analyzing 39 exchanges coin pairs having spreads on different exchanges and provide information about it in real-time.

Additionally, we provide info about 1000+ assets having spreads that you can use  in real time and apply for your arbitrage strategy.

And lastly, we provide info about "reverse" way. That feature shows how to bring asset back from exchange 2 to exchange 1 and close the "arbitrage circle". I found that really useful.

 

please check it and say what you think about it.

 

best regards
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trickyriky
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March 27, 2018, 09:01:26 PM
 #2

Traders with years of experience learned where to sell, where to buy, fees on exchangers. And with all that they learned their style.
Your service will show less experienced traders what to do...
But there is one catch...
Arbitrage strategy is not working with low amount of money  Huh

radeone
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March 27, 2018, 09:33:52 PM
 #3

With the way most exchanges run right now you couldnt actually pull off buying something on one exchange and dumping it on another for a higher price because they delay withdrawals or the fees on withdrawals wont be worth it. Like the guy above me says.

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coinspread
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March 29, 2018, 09:23:36 AM
 #4

Hi!
Thank you for your attention.

Yes you are right, you need a least 500$, for success arbitrage strategy

as you know there are most popular coins fee

Bitcoin   BTC   0.00020000
Bcash   BCH   0.00010000
Blackcoin   BLK   0.00010000
Bytecoin   BCN   0.10000000
Dogecoin   DOGE   1.00000000
Dash   DASH   0.00100000
Emercoin   EMC   0.01000000
Ethereum   ETH   0.00100000
Litecoin   LTC   0.00100000
Monero   XMR   0.02000000
Peercoin   PPC   0.01000000
Primecoin   XPM   0.10000000
Reddcoin   RDD   1.00000000
Ripple   XRP   0.10000000
Zcash   ZEC   0.00010000



if you calculate fee in USD it starts from 0.017$ peercoin http://joxi.ru/MAjGy4ec45y0dr

for 1 transaction with 4-5% spread you can get 500*0,04=20$-2=18$ profit. you can do it several times a day.

don't hesitate to ask me if you have questions.


0RajA0
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March 29, 2018, 09:39:00 AM
 #5

i Couldn't understand the things fully which you were explained above. But one think i can understand is making profit by buying a coin from one exchange and dumping it on another exchange. Buying exchange price should be lower than selling exchange price?? Can u give any example? need minimum 500$ to make profit on this strategy ?

coinspread
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March 29, 2018, 10:17:30 AM
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i Couldn't understand the things fully which you were explained above. But one think i can understand is making profit by buying a coin from one exchange and dumping it on another exchange. Buying exchange price should be lower than selling exchange price?? Can u give any example? need minimum 500$ to make profit on this strategy ?

Buying exchange price should be lower than selling exchange price??

You're absolutely right, you can see price difference on exchanges http://joxi.ru/Vrw3B4eSOxMo4r
We analyzes 39 exchanges and collected 1500 coin pairs having spread on different exchanges for you to make a profit.

User, using this info, should make trades on exchange manually from exchange account.
coinspread
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March 29, 2018, 10:29:08 AM
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i Couldn't understand the things fully which you were explained above. But one think i can understand is making profit by buying a coin from one exchange and dumping it on another exchange. Buying exchange price should be lower than selling exchange price?? Can u give any example? need minimum 500$ to make profit on this strategy ?

As we received so many questions regarding Coinspread uses, we, already started making a video tutorial how to use coinspread service. Stay tuned.
Starij32
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March 29, 2018, 10:31:29 AM
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i Couldn't understand the things fully which you were explained above. But one think i can understand is making profit by buying a coin from one exchange and dumping it on another exchange. Buying exchange price should be lower than selling exchange price?? Can u give any example? need minimum 500$ to make profit on this strategy ?

As we received so many questions regarding Coinspread uses, we, already started making a video tutorial how to use coinspread service. Stay tuned.

Nice, waiting for the video manual
Neelix
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March 29, 2018, 11:11:57 AM
 #9

Just applied for a trial on the website.

Pros:

Correctly shows some (three, probably only in the trial) arbitrage possibilites - in theory

Cons:

not usable after all, here is why.

Every coin mentioned showed an arbitrage opportunity between yobit & hitbtc.
Every coin had a very low 24h volume ranging from 200$ to 8000$.
Imagine you start buying / selling now, even with very small amounts it would affect the price immediately in a negative way.
Additionally, your order just can get stuck since there is no counterpart.


This system might work if you stick to coins with higher average volume.

If this music is too loud, you are too old. #goa
coinspread
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April 02, 2018, 10:42:10 AM
 #10

Just applied for a trial on the website.

Pros:

Correctly shows some (three, probably only in the trial) arbitrage possibilites - in theory

Cons:

not usable after all, here is why.

Every coin mentioned showed an arbitrage opportunity between yobit & hitbtc.
Every coin had a very low 24h volume ranging from 200$ to 8000$.
Imagine you start buying / selling now, even with very small amounts it would affect the price immediately in a negative way.
Additionally, your order just can get stuck since there is no counterpart.


This system might work if you stick to coins with higher average volume.

Hey! thank you for comment!

below we provide example from full version of service. you can see volumes from different exchanges and their prices
http://joxi.ru/E2pVj4ns9ZZgNr

Mark1324
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May 25, 2018, 05:39:24 PM
 #11

Hi, cool program! tell and how often in signals are published? We will allow on the same Bibit bot they are published every minute several times  Huh
kalehon
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May 25, 2018, 05:53:05 PM
 #12

There is a free service offered by Dropil platform. They use a bot called Arthur that show you in real time many arbitrage possibilities between different exchangers.
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