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Deleted member 1207404
Guest
This is not risk free, but least risky form of trading.
"Risk free" method
- Thread starter frenk11
- Start date
Technabyte
Power Member
- May 31, 2019
- 758
- 31
Yes, normally you can work out the transfer time by looking at the block time of the coin and the number of confirmations the exchange requires.
CryptoKujira
Power Member
- Dec 27, 2018
- 501
- 186
As it's already been said in many other arbitrage threads.
- Don't be fooled. This is as risky as any trade in crypto.
- If it were that easy, everyone would be doing it.
- Must be done with algo trading.
- Speed of network is a problem.
- Liquidity is a huge problem.
- Spread is a problem.
- Fees are a major problem.
Brian Alexander
Regular Member
- Aug 12, 2016
- 454
- 317
The network fees and exchange fees will eat up any profit you might be eyeballing.
Adam718
BANNED
- Jun 19, 2012
- 1,401
- 699
In the past when transactions was very fast/instant, to make money from crypto arbitrage was not so hard, but now when transactions takes a lot of time, it's not worth as the price could easily increase in the exchanger where the price was lower and visa versa. So nowadays I think it's not a good idea to start such method to make money fom cryptos.
- Mar 22, 2013
- 9,144
- 10,489
I'm sure that even if there's no volatility your profit will still be eaten up by the fees of buying/selling/transferring/withdrawing.
And if you get a big drop between buying and selling it, kiss your profit goodbye.
I'm sure it's possible, but not easy and not without risk.
And if you get a big drop between buying and selling it, kiss your profit goodbye.
I'm sure it's possible, but not easy and not without risk.
cahzer
Registered Member
- Mar 7, 2019
- 88
- 28
So you pay ATLEAST:
-0.15% Maker fee
-0.15% Taker fee
-Sometimes sending fee
Diferences not big enught for profit
I did that between Kraken and Lykke and the problem is the smallar exchanges is a bit dead, individuals rarely creating purchases and if they do, not more often than 3 day and not more than 10$ of crypto.
I wish im wrong, someone please write 2 trustable exchange where i can profit.
-0.15% Maker fee
-0.15% Taker fee
-Sometimes sending fee
Diferences not big enught for profit
I did that between Kraken and Lykke and the problem is the smallar exchanges is a bit dead, individuals rarely creating purchases and if they do, not more often than 3 day and not more than 10$ of crypto.
I wish im wrong, someone please write 2 trustable exchange where i can profit.