Is there an functioning Arbitrage bot?

[Menaxerius]

Hi, As title states, and please I'm not looking for any kind of programms where you have to send money to and they tell you they do arbitrage. I'm looking for a "real" software that works with my accounts and is trustworthy.

Thanks in advance

Menax

[davinchi]

I have used one that actually worked but it was inside one exchange not interexchange one. So you bought x coin with bitcoin, then buy usdt with x coin and buy btc with usdt so all comes around in a circle and you profited. The bot was able to read and calculate the differences and calculate the fee's that would arise and see if it was profitable or not.

If it sees its profitable then it did the trades. However there was couple of software problems when it broke down and didn't worked and there was tons of issues that resulted with bot just closing down etc etc so I stopped using it, the idea was good and when it worked for few times it did profit a bit but since it was limited with the volume it wasn't big profit and then I just said I will check it out later.

[sbogovac]

Hi, As title states, and please I'm not looking for any kind of programms where you have to send money to and they tell you they do arbitrage. I'm looking for a "real" software that works with my accounts and is trustworthy.

Thanks in advance

Menax

Bitrage, by @gunthar who also brings Gunbot(the trading bot).

But - as the nature of arbitrage is speed and exclusivity - it is not easy to get in on it...  

[bitbunnny]

I don't know about any such bot that is actually working but when it comes to arbitrage I wouldn't even rely on bot. Arbitrage demands to be fast and efficient and I don't trust some software enough to do that for me and trust it my money. But that is just my point of view.

[sbogovac]

I don't know about any such bot that is actually working but when it comes to arbitrage I wouldn't even rely on bot. Arbitrage demands to be fast and efficient and I don't trust some software enough to do that for me and trust it my money. But that is just my point of view.

Yes, and humans are well known for being faster and more efficient that robots... 

[Menaxerius]

Hi, As title states, and please I'm not looking for any kind of programms where you have to send money to and they tell you they do arbitrage. I'm looking for a "real" software that works with my accounts and is trustworthy.

Thanks in advance

Menax

Bitrage, by @gunthar who also brings Gunbot(the trading bot).

But - as the nature of arbitrage is speed and exclusivity - it is not easy to get in on it...  

Thanks, I'll look into it

[arpon11]

Trading arbitrage is not as easy as you think and it is very difficult to get a reliable one that really makes you profits. I have tried arbitrage trade several time without success and most time the limitations did arise from the exchange itself and most time the coins that creates arbitrage opportunities are either under maintenance or you cannot transferred from one exchange to another as it happening now GTO token at binance. My bot bought it at binance but could not transfer to okex for profits because there is a technical challenges.

[sbogovac]

Hi, As title states, and please I'm not looking for any kind of programms where you have to send money to and they tell you they do arbitrage. I'm looking for a "real" software that works with my accounts and is trustworthy.

Thanks in advance

Menax

Bitrage, by @gunthar who also brings Gunbot(the trading bot).

But - as the nature of arbitrage is speed and exclusivity - it is not easy to get in on it...  

Thanks, I'll look into it

You're welcome! Good luck, and enjoy!

DISCLAIMER: I am a Gunbot USER, not an affiliate. I personally do NOT use Bitrage, anybody does so AT HIS OWN RISK. Obviously.

[klaaas]

Bitrage, by @gunthar who also brings Gunbot(the trading bot).

There is a telegram channel where you can check Bitrage in action with the trades. If you are curious you can check it out here.

[davis196]

Hi, As title states, and please I'm not looking for any kind of programms where you have to send money to and they tell you they do arbitrage. I'm looking for a "real" software that works with my accounts and is trustworthy.

Thanks in advance

Menax

I was looking for a crypto arbitrage bot in Google and I discovered an ad about thebitcoinarbitrage.com,which is an arbitrage trading script and they are promising 10% profit after 8 hours,which sounds too good to be true.However,this website is being advertised via Adwords ads and they don't tolerate crypto scams.
I'm not affiliated with this website and I don't trust it so can anyone share his experience?

[DigitalHoney]

hi yes...I am in the USA (but this works worldwide) and i have found an extremely reliable bot...and we keep the private key. Ru interested in about 1/2% per day (roughly) compoundable and fully liquid 24/7 fully passive..?

[bearexin]

Hi, As title states, and please I'm not looking for any kind of programms where you have to send money to and they tell you they do arbitrage. I'm looking for a "real" software that works with my accounts and is trustworthy.

Thanks in advance

Menax

To profit from BOT is really not so easy to just like it is not easy to do so manually, and the condition needed to make use of these BOT is also very difficult to follow. There was a BOT that I tried using also called Haasbot, but I never knew I had to deposit money in all the exchanges that I need to link to the BOT application, and when I calculated all the fund needed to do this, it was running into so much thousands of dollars,although the coin I tried having arbitrage BOT for was Bitcoin because that is the major coin you can get something tangible from,  and there is no complete guarantee that this BOT too will be successful in giving me enough profits, because some of them do fail too as I have heard. If you have the money to pile up enough cryptocurrency, you can check HAASBOT.

[sbogovac]

[TLDR] you can check HAASBOT.

AFAIK Haasbot is not an Arbitrage bot... is it?

[leowonderful]

[TLDR] you can check HAASBOT.

AFAIK Haasbot is not an Arbitrage bot... is it?

I just went to look at the Haasbot site and it seems they offer an 'Inter-Exchange Arbitrage Bot' with their advanced plan only (https://www.haasonline.com/trade-bots/internal-arbitrage-bot/). Haven't ever used Haasbot so I can't comment on how good it is, but they do offer an arbitrage bot. I currently use Gunbot, but I don't use Bitrage either.

[hansberger]

I honestly believe that you should not use any "ready" bought product. If you are interested in triangular arbitrage you should learn to code it (ie. python) to know what your bot is doing. Triangular arbitrage is still working, mostly not on the highest volume coins and it is not hard to learn the basics of developing this kind of bot. Especially when you can use many free sources on how to do it.

I was trading the Forex for about 14 years and I tested many many trading robots but just 2 of them was working on the long run. You have to build experience to know when you are about to be scammed!!! Just ask yourself: why should anybody sell a profitable bot?

Good news is, triangular arbitrage is still working very fine. And with the right lines of code you can generate a steady profit!

[sana54210]

I honestly believe that you should not use any "ready" bought product. If you are interested in triangular arbitrage you should learn to code it (ie. python) to know what your bot is doing. Triangular arbitrage is still working, mostly not on the highest volume coins and it is not hard to learn the basics of developing this kind of bot. Especially when you can use many free sources on how to do it.

I was trading the Forex for about 14 years and I tested many many trading robots but just 2 of them was working on the long run. You have to build experience to know when you are about to be scammed!!! Just ask yourself: why should anybody sell a profitable bot?

Good news is, triangular arbitrage is still working very fine. And with the right lines of code you can generate a steady profit!

I believe that if it was easy or possible for him to code, he would not have thought of looking for an option to purchase an arbitrage Bot, coding might be an easy thing for you because it has probably been a part of you for so long, and you have taken years to study or learn it, but for those that are even finding it difficult to cope with a better understanding of crypto, are they the ones that wants to code?

People like me that is good at system, but when it comes to coding, I fail woefully in this aspect, if I am interested in arbitrage, what I would look at too is a BOT, but unfortunately, I am not so sure that we have any services or company that would be able to create BOT for arbitrage. I know of trading BOT, Gambling BOT but never heard of arbitrage.

[sbogovac]

[...] I know of trading BOT, Gambling BOT but never heard of arbitrage.

Then you haven't been reading this topic...  

Bitrage, by @gunthar who also brings Gunbot(the trading bot).

There is a telegram channel where you can check Bitrage in action with the trades. If you are curious you can check it out here.

[FanEagle]

What you need to know about arbitrage bots is that even if you can find one that is working perfectly that might also mean there are other people who will use it as well and that may make things a lot harder for you. If an arbitrage bot is actually working and sold to people than how can we so sure about another bot is not doing the same thing at the same time covering the difference quicker than you?

Hence, you need to make sure you have a decent amount of capital to start with in case things get sour for a while and your bot is always one step behind the other persons bot and you do not make good enough money, eventually you will make some profits but until than you should always be careful with your capital and not spend more than 10% of it in any trade at all.

[klaaas]

What you need to know about arbitrage bots is that even if you can find one that is working perfectly that might also mean there are other people who will use it as well and that may make things a lot harder for you.

Gunbot has a limit to battle that.

[sbogovac]

[...] Gunbot Bitrage has a limit to battle that.

FTFY...