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Re: Butter Bot!: Premier Bitstamp, and BTC-E EMA Trading Platform
by
fible1
on 28/06/2014, 20:12:18 UTC
Hi im looking for an arbitrage bot that will buy bitcoins on bitstamp and sell them on a  different exchange with an api. Im a total noob so I dont know where to look or how to code. Are there any options currently available?


Hey Lay Smiley,
    (Love the name BTW Smiley ) Arbitrage bots are almost impossible to build for the dominant BTC exchanges because very few of them, if any, support automated Fiat withdrawals. Also, if such a bot were possible to be built, which is not really possible, selling them would be pretty futile as each new entrant would greatly diminish returns for the rest of the community.

I hope that makes sense, please let me know if I can help in any way Smiley.

Pablo.