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Board Trading Discussion
Can individuals make arbitrage?
by
jeffstuff7
on 12/03/2018, 14:11:21 UTC
Hello,

As far as I know, an arbitrage is a two-dimensional transaction that increases the number of coins on each exchange without having to transfer money.

For example,

Assuming that both A and B exchanges have BTC and ETH of 1 BTC and 12 ETH, respectively, with a total of 2 BTC + 24 ETH,

At any moment

A exchange 1BTC = 12ETH

B Exchange 1BTC = 13 ETH

We sell 12 ETHs on A exchange and buy 1BTC to become 2BTC total.
I buy 1 BTC at B exchange and purchase 13 ETH to become 25 ETH total.

The result is 2BTC + 24ETH and 2BTC + 25ETH.

There are blind spots here,

1. Because the bots will soon disappear, premiums must be traded quickly and individuals can not trade on their own. (4 ~ 5% of transactions, even within a few seconds, actually 3% profit due to time difference)

2. A few foreign exchange accounts (Korea, Japan, etc.) must be opened in advance, and coins must be deposited in a number of cases.

3. Mental problems, volume problems, troubles of using OTP, etc.

as you know
I already use this arbitrage to bite the difference.

The only way people can eat is to use things like reminders.

There are several alerting services in telegrams such as @cryptomarketalert_bot and @panicwatch.
It's also on Twitter and the website.

However, I am wondering how much I can really profit from the blind spots I wrote above.
I guess that there are a lot of bots for arbitrages so I'm not sure if individuals can make it.

If you have a good idea, I want to share it.