Crypto Arbitrage - Is it still a good thing to get into?
- Thread starter spacerace
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DavidG1510
Banned - Multiple Rules Violations
- Jun 28, 2023
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I am doing it still. Making around 8-9k a month steady
spacerace
Newbie
- Jan 30, 2023
- 30
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do you have telegram or something am interested in asking you a couple questions regarding this?
DavidG1510
Banned - Multiple Rules Violations
- Jun 28, 2023
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you can ask me here anything you want
spacerace
Newbie
- Jan 30, 2023
- 30
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How much of a learning curve is there? What exchanges do you recommend? Any general resources you recommend for getting into this?
HustleTong
Elite Member
- May 30, 2019
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You can find threads related to this on Twitter
You'll need a big amount to trade price differences and there's a gas fee
You'll need a big amount to trade price differences and there's a gas fee
- Jun 9, 2020
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How does crypto arbitrage work?
fasttrak
Elite Member
- Sep 12, 2016
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I would love to know the answers to the questions already asked if you have a minute? Also, is this similar to sports betting arbitrage? Find price differences, buy on one exchange and sell on another for higher amount = make profit. To make the sort of money you are making each month, what is the average cost of a buy for you? Just trying to work out what bank would be required. Also, how many trades are you doing a month to make 8-9k per month?
DavidG1510
Banned - Multiple Rules Violations
- Jun 28, 2023
- 1,459
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Its no sports betting arbitrage. its Crypto Arbitrage.
- Jun 20, 2013
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Its require big start up capital? Correct me if i am wrong.
DavidG1510
Banned - Multiple Rules Violations
- Jun 28, 2023
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Around 1,000$+
How much profit can one expect with $1,000 capital?
Pikerones
Regular Member
- Jun 1, 2013
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can you share more details?
fasttrak
Elite Member
- Sep 12, 2016
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I know that, I asked if it was a similar concept? Do you have any answers to my other questions?
- Feb 22, 2023
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Arbitrage trading is possible because of how exchanges determine cryptocurrency pairs' prices. The common way prices are discovered on most exchanges is through an order book, which lists buy and sell orders for a specific crypto asset.
fasttrak
Elite Member
- Sep 12, 2016
- 3,514
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No need to reply to my questions, I found your Joint Venture posts and have the answers now. Providing services to Bangladesh is not something I am interested in and your family connections are facilitating your transactions which most people on BHW will not have access to.
Best of luck with that, on the face of it you appear to be doing well, which is nice to see.
spacerace
Newbie
- Jan 30, 2023
- 30
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interested in this too
ciphercipher1
Power Member
- Jul 26, 2022
- 530
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libraries used and pairs traded?
how come the fees for transfers dont eat your profit?