Guys, what are your ideas about cryptocurrency arbitrage? I think that only arbitrage in cryptos can give more or less profitable trading without looses! Has anyone tried? Pros and cons? Can you recommend some trading platform?? Thanks!
Arbitrage is really profitable but these cases or situation are too rare for you to jump in. This is simply buying a coin from one exchange and sell it on other exchange which do have
higher price which can make easy profits but knowing these chances would really be lit. You can still lose up money when you do such trade on a later time. Fees will really be also a factor and confirmation of deposit
and withdrawal is crucial on arbitrage.
What you are telling are the reason if you are using only single exchange investment, but if you really wanted to do arbitrage trading then you have to open account in multi exchange, where trading gap is high and you should have invested on each exchange both BITCOIN and FIAT as when which exchange will give you chance of doing arbitrage trading dont know and until you deposit and do the price will change and same you wont be able to get profit, instead you may end up in loss. So doing arbitrage trading is not so easy.
Im not saying it is easy on doing such thing and i just give out a single transaction just to give out an idea on how arbitrage works. You might know these opportunities on the best possible time.If you do,
then you can grab the chance but always remember about the accompanied certain risk anytime.Most of the times, exchangers do disable deposits and withdrawals on such asset if there are arbitrage do happen.