[Query] Crypto Arbitrage Bot

[Ashway]

Planning to build my own arbitrage bot. How do I get exchange and order API from famous crypto exchanges? do they give it to any tom dick and harry?

 

[bartosimpsonio]

Yes most APIs are open and free (till now).

They'll probably charge for it in the future tho.

(I been looking into this as well)

 

[Ashway]

Yes most APIs are open and free (till now).

They'll probably charge for it in the future tho.

(I been looking into this as well)

You planning to create your own or buy one?

 

[CoderFromHell]

Crazy you posted this, I’ll be working on one as well too soon.

 

[FIREBOSS]

Planning to build my own arbitrage bot. How do I get exchange and order API from famous crypto exchanges? do they give it to any tom dick and harry?

Normally how much it will be cost?

 

[C63]

after you create this will you post this on BHW too?

 

[maggly]

Better off using jetbot. Ive made this in 3 months.

 

[Ashway]

Normally how much it will be cost?

Free .
As our teams main dev is the one who was a tech architect who worked for Bombay stock exchange for 12 years
Its a major stock exchange in india

after you create this will you post this on BHW too?

Ofcourse ill post it here for feedback and suggestions

 

[bartosimpsonio]

You planning to create your own or buy one?

TBH I'd like to see one in action before buying or even considering creating one.

My guess is if everyone has an arbitrage bot, what margin would they exploit?

 

[Ashway]

TBH I'd like to see one in action before buying or even considering creating one.

My guess is if everyone has an arbitrage bot, what margin would they exploit?

Fastest bot wins I guess

 

[bartosimpsonio]

Fastest bot wins I guess

Folks tell me it's the same with stock trading bots. Fastest wins.

 

[Ashway]

Folks tell me it's the same with stock trading bots. Fastest wins.

Yes that is correct.

Actually, making a trading bot is not a big deal and doesn't take much time either. Making it super fast is the real game-changer.

 

[bartosimpsonio]

Actually, making a trading bot is not a big deal

For real? So bots are fairly common thing? What happens if the bot goes nuts and throws out all money?

 

[doncharlzy]

Better off using jetbot. Ive made this in 3 months.

View attachment 171309

How much did you invest?

 

[maggly]

How much did you invest?

I started with about 21k now up to 32k

 

[Ashway]

For real? So bots are fairly common thing? What happens if the bot goes nuts and throws out all money?

Bot doesn't do that unless it has been programmed to do that. this is what separates great programmers vs the average ones. The programmer I was talking about above is my cousin and he has spent his whole life making and refining bots as per the strategy given to him by Investment bankers team.

Bots are pretty dumb they behave exactly how there masters want them to behave.

 

[LocalSeoguy40]

Better off using jetbot. Ive made this in 3 months.

View attachment 171309

u have a link to it

 

[Ashway]

I got the API's. Will be building the v1 bot which would be compatible with Binanance and Wazirx exchange.

Will keep you guys posted. Hopefully will share it with some members here for feedback and suggestions.

 

[maggly]

u have a link to it

https://jet-bot.com/