Today we will talk about the choice of exchanges for arbitration.

First make sure that the exchange is non-scam. There are situations when withdrawal is temporarily limited, for example, due to technical problems. So, if your exchange is reliable, then the withdrawal is sure to open, and you should not panic. Just continue to arbitrate and wait for the output to improve. At such moments there are many “holes”, so this is the time for arbitration.

Look at the trading volume on the exchanges - https://coinmarketcap.com/currencies/volume/24-hour/. This is one of the criteria for the reliability of the trading platform.

And finally, the most important thing is the commission. They are individual for each coin and exchange, and besides, they often change. To find out the size of the commission, go to the “balance” section of the exchange and next to the coin of interest, click on “withdrawal”.

BibitBot does not put restrictions when choosing coins and exchanges. You can add any, appreciating its benefits. Subsequently, it can be easily replaced in the admin panel of our service.