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/biz/ - Business & Finance

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11284657 No.11284657 [Reply] [Original]

have any of you resulted to arbitrage bots to sail through the rough seas lately ?

i was wondering specifically why QuadrigaCx is constantly higher than other exchanges.. it could be due to the failing business but that should not prevent arbitrage unless theres 0 volume on the exchange

instead of trying to arbitrage incompatable risky coins, just skimming 2-6% a trade wouldnt be terrible, unfortuneately theres also transfer fees from exchange to exchange

>> No.11284680

>>11284657
doesn't work, you're fighting 7 other bots for a shit small trade. Which you'll have to get in < 100 ms speed. Twice. You'll miss enough to lose money.

>> No.11284745

>>11284657
Quad is more expensive because of it's the best, local option for Canadians.

>> No.11284803
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11284803

>>11284657
is there anything worse than a phone poster?

>> No.11284809
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11284809

Thanks for the replies, i was pretty skeptical about arbitrage because its pretty much a robot war,

for any of the substantially recognized coins i imagine its a nightmare to mine/arbitrage without a serious set up

>> No.11284822
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11284822

>>11284803
a jewish phone poster?