I recently found out about this form of trading, but never tried it. Can anyone with experience give me some hints? I mean is this algorithm they use successful? And is it true about having big gains?
I have experience with the arbitrage trading, but I feel that my experience is not good than others because in that time, my deposit coin was too late to arrive in the other exchange and that makes me get a small profit.
Arbitrage trading will difficult than leverage trading because we need to know how long the transaction will get confirmed from the network and the other exchanges so it could make us get lost.
What algorithm? I don't know what you mean.
Yes, arbitrage trading can give big gains especially if we can use the moment for sending and receiving the coin in the other exchanges. But that will not be easy as we know that the network will be busy to confirm the transaction.
I guess that not just you that will want to use the arbitrage trading because other people will do the same thing as you if they see a chance to make a profit from arbitrage trading.