$1000 per day with crypto arbitrage

[Betboss]

i couldn't write it myself, a friend wrote it, and I'm using his grudge, I'm trading manually, you need to enter with $ 1000 in each transaction to earn $ 5000 a month

Thank you for sharing this info. If I may ask, what steps can a beginner who hasn't traded before follow to achieve this?

Let's say I got you correctly, what you meant is that

1. I fund my account on binance
2. Buy a particular pair, then immediately sell another pair. Or do I have to wait before selling after buying?

The process seems very complicated. Please can you shed more light on this.

 

[Betboss]

i couldn't write it myself, a friend wrote it, and I'm using his grudge, I'm trading manually, you need to enter with $ 1000 in each transaction to earn $ 5000 a month

Secondly, please how can you spot this arbitrage opportunity?

 

[Koslat]

I'm always fascinated by those "certain" ways to make money that don't need to interact with any kind of client/employer.
The problem is, as a rule of thumb, arbitrages work wonders until that one time where they don't work. And that single time usually takes away all the money you made, plus interests.
You can look at Marin Capital for example, a billion dollars hedge fund that did very profitable arbitrages for years until they lost all their money with one trade that didn't work as it was supposed to.

And the real problem is that arbitrages usually work perfectly, but sometimes something unpredictable happens, like for example you lose internet connection and you can't close a trade. Or other accidents like this that are impossible to predict and to counter.

 

[tomacb]

there is also an arbitrage opportunity right now, and you can earn on binance by tradingView attachment 230329

I don't see these two coins BTG, and DNT trading on Binance anymore. I have already programmed my bot. Its mission is very simple: it gets an order book of all pairs and then makes a hypothetical trade between the 3 coin pairs (eg: LTC/USDT, LTC/BTC, BTC/USDT). If it is profitable, it will conduct real trading with 3 pairs of coins at the same time. I'm still experimenting, but haven't really traded yet, so I don't have a profit figure yet.

 

[Johnpeterburs]

Arbitrage for crypto is always good. Loading funds on exchanges from coinbase or others and exchanging the crypto funds to your local exchange which is providing high valuations. Then withdraw to your bank account.

This process is good until your banker chases you. Make sure to sneak the way carefully.

 

[neverpooragain]

 

[SuperKingCheese]

Triangular arbitrage is very profitable if you have a bot that is faster than the next person's. Keep in mind market order fees are a lot higher than limit orders and more importantly make sure that there is actually enough liquidity available at the arb price otherwise you end up market dumping down the order book and lose money.

 

[jeronymo29]

Great dude

 

[element8193]

There are a lot of scammers on Telegram, who are offering you the best advice about which pair to trade. Their goal is to give you a fake exchange where you will send the funds, but you will never get your funds back. Just be careful with such advisors.

 

[Thorr]

You have just a few seconds to buy and sell... how do you do this?

 

[globalusa]

I don't see these two coins BTG, and DNT trading on Binance anymore. I have already programmed my bot. Its mission is very simple: it gets an order book of all pairs and then makes a hypothetical trade between the 3 coin pairs (eg: LTC/USDT, LTC/BTC, BTC/USDT). If it is profitable, it will conduct real trading with 3 pairs of coins at the same time. I'm still experimenting, but haven't really traded yet, so I don't have a profit figure yet.

brother, which country are you in? binance global also has these two coins, I have received hundreds of special thank you messages

 

[globalusa]

There are a lot of scammers on Telegram, who are offering you the best advice about which pair to trade. Their goal is to give you a fake exchange where you will send the funds, but you will never get your funds back. Just be careful with such advisors.

i am not doing business with foreign and ridiculous exchanges, I am trading with exchanges such as the globally well-known gate kucoin huobi binance

 

[globalusa]

Thank you for sharing this info. If I may ask, what steps can a beginner who hasn't traded before follow to achieve this?

Let's say I got you correctly, what you meant is that

1. I fund my account on binance
2. Buy a particular pair, then immediately sell another pair. Or do I have to wait before selling after buying?

The process seems very complicated. Please can you shed more light on this.

no need to wait, you need to buy and sell within 5 minutes immediately after you see the opportunity

 

[globalusa]

You have just a few seconds to buy and sell... how do you do this?

not in such a short time, but in 1-2 minutes, earnings halla can sometimes continue, my bot catches it right away, and after catching it, I immediately trade and earn a minimum of 2%

 

[globalusa]

Secondly, please how can you spot this arbitrage opportunity?

there is an opportunity right now, for example, my bot sent me a signal, and now I will tell you what coin you will earn if you trade and trade on binance for this hour, if you want, you can follow it
BUY: AMP/USDT
SEL: AMP/BTC %2.45

BUY: TCT/USDT
SEL: TCT/BTC %6.12

 

[globalusa]

lets go back to this gentleman's question.

i have opened this topic to give you information about arbitrage and to show you how much money can be made in arbitrage for those who want to earn money in this regard

 

[manolo12399]

Are you sure ia not ex swapnex related programs

 

[tomacb]

brother, which country are you in? binance global also has these two coins, I have received hundreds of special thank you messages

Binance global doesn't have these coins. You can check it by running the following Binance API https://api.binance.com/api/v3/exchangeInfo?symbol=BTGUSDT. You will get results like this
"symbol":"BTGUSDT","status":"BREAK","baseAsset":"BTG","baseAssetPrecision":8,"quoteAsset":"USDT"
status "BREAK" means this coin is not available to trade anymore. Same for the BTGBTC coin, just replace BTGBTC in the above API query. Let me know if I'm wrong

 

[SuperKingCheese]

What initial investments do you need to put in to earn, say, 5000/month ?
Are you using bot? Public? Custom made?

The required capital is equal to the amount of market liquidity available. For example if there was a 10% spread between ETH/USDT and ETH/BTC that would be a valid triangular arb opportunity but what you need to look at is the available liquidity on the ETH/BTC pair. If you bought $1000 of ETH/USDT but there was only $500 in buy orders at your arb price on the ETH/BTC pair, you would be able to sell $500 and then you would be stuck holding the other $500 because there is no liquidity at the desired price. Once you have taken in to account the exchange fees the loss is even worse.

 

[SuperKingCheese]

The required capital is equal to the amount of market liquidity available. For example if there was a 10% spread between ETH/USDT and ETH/BTC that would be a valid triangular arb opportunity but what you need to look at is the available liquidity on the ETH/BTC pair. If you bought $1000 of ETH/USDT but there was only $500 in buy orders at your arb price on the ETH/BTC pair, you would be able to sell $500 and then you would be stuck holding the other $500 because there is no liquidity at the desired price. Once you have taken in to account the exchange fees the loss is even worse.

So basically the required investment is equal to whatever liquidity is available at the final part of the triangular trade.