Hello, guys!
I am in the crypto industry relatively recently, it is interesting to know / understand how trading of crypto-currencies / tokens on different exchanges operates.
Wich problems and disadvantages do you encounter when trading with crypto currency?
What currency pairs do you use (more convenient and practical in terms of output / input to exchange)?
How much can you earn on arbitrage?
I will be grateful for the answers.
you have to have an account at every stock exchange site to make an arbitrage, it would be better if these accounts are confirmed, there must be some money-coin in each account. you have to move quickly when it is possible to arbitrage.
Arbitrage is not for everyone guys. It requires a huge amount of capital. It's not for standard people like us. You need to have a legit account in several exchanges and you need to make them in the highes class so that you don't face withdraw problems and your limit would be high.
Yes it is for the risky traders only who are wanting to make profit because there are many pros and cons if you do arbitrage. You need more practice and money that you can lose after transferring to another exchanges.
Computation. This is most important thing to take not if you are thinking of doing arbitrage. Aside from transaction fees, you need to take note of the fees when you do a trade in that specific trading platform. You should also take note the price changes that may happen since, as we kow, our transactions can be delayed or takes long or needs a lot of confirmation.
Thank you for your opinions, guys!
What do you think about this site
http://cryptotable.live ?
Will be it useful for trading on exchanges?
The pairs are limited. Maybe wait for some updates. Will they add new pairs? Anyway, find something better. You can use coinmarketcap though.