Great tool, thanks for that! I just don't understand one thing, can you help please?
When I buy cheap on one exchange then I sell it on another exchange I make a profit. But I still have my money on that exchange, I don't have them actually on my credit card. When I want to send the money to my credit card, everywhere are fees like 2% or even more! So I don't understand how you can make money on it basically.
Can you explain please?
Great question! I'm actually working on a solution that I call a "road-map", it is designed to show as title suggests a "step-by step" map that will be guiding you on how to profit with arbitrage without having to pay hefty withdrawal fees that were adopted by some exchanges. This is being addressed by buying another coin and moving it to an exchange with lower withdrawal fees that would eventually make the transaction profitable.
Please note: to be able to take advantage of the lowest withdrawal fees, most exchanges would require to have your identity verified. Also, some withdrawal methods are more profitable then others. (E.g., SEPA, WIRE etc...)
Thanks for your answer. Is there any exchange in your mind that has very low withdral fees please? Please keep up great work. Sometimes people are weird and don't appreciate if someone creates something useful. Once the tool has a bit more features I won't mind to pay for it but still need to figure out how to avoid fees. BTW. I noticed that Yobit site has some coins that have same symbols like famous coins for example BCC. BCC is bitcoin cash but on yobit it's bitconnect coin. The tool automatically pairs these coins and shows the difference in price but they are not the same! There are many like this on Yobit. Please be aware exchange.blue.