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Author Topic: Best Bitcoin Arbitrage Tool 2020  (Read 307 times)

GreenWood

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Best Bitcoin Arbitrage Tool 2020
« on: December 02, 2020, 02:34:58 PM »
The crypto market is on positive signals and there are many ways to help traders make a lot of money and the arbitrage tools will help you with that

Arbitrage is the purchase and sale of an coin or token in order to profit from a difference in the asset's price between markets. It is a trade that profits by exploiting the price differences of identical or similar token in different markets or in different pairs.

Below is a list of best crypto Arbitrage crypto tool:
#1 . Cfolo [ FREE]

- Pros:
+ Free
+ various integrated exchanges
+ Easy to use
+ Easily find the best exchange for your chosen token pair
+ Easy profit calculator for calculating profit if you don't want to transfer coin too many times

- Cons:
+ There are no suggestions for the best pair. customers have to look based on the token they know
+ Only English supported
#2 . Bitsgap

- Pros:
+ There are other products to choose from besides Arbitrage
+ Can be traded directly to the exchanges

- Cons:
+ expensive monthly fees
+ Limited number of exchanges and trading pairs


If you know any other website please share in reply.

TuanNguyen

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Re: Best Bitcoin Arbitrage Tool 2020
« Reply #1 on: December 02, 2020, 02:54:35 PM »
Aside from they mention high-risk/shady exchange, looks like the tool doesn't consider withdrawal fee & trading volume (only warning message). Cryptocurrency pair on few exchange could have very low volume.

People also need to consider minimum confirmation (e.g. 6 minimum confirmation on Bitcoin roughly equal 1 hour).

GreenWood

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Re: Best Bitcoin Arbitrage Tool 2020
« Reply #2 on: December 02, 2020, 03:02:00 PM »
Yes, there is no withdrawal fee considers in cfolo. this is one of their Cons.
with small sum of amount , it could make no profit due to of high withdraw fee.

hair

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Re: Best Bitcoin Arbitrage Tool 2020
« Reply #3 on: December 02, 2020, 11:16:29 PM »
I never use tools to arbitrate, I only pay attention to the difference in exchange rates to do that

GreenWood

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Re: Best Bitcoin Arbitrage Tool 2020
« Reply #4 on: December 11, 2020, 02:57:16 PM »
I never use tools to arbitrate, I only pay attention to the difference in exchange rates to do that
Glad to hear ! Since you may be an experienced trader, and you get familiar with the variety of prices of cryptocurrencies. But I think , someday you should give it a try, especially CFOLO- which is totally free and pretty easy to use. You might get amazing profit from it, together with your luck, who knows , right ?

TuanNguyen

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Re: Best Bitcoin Arbitrage Tool 2020
« Reply #5 on: December 17, 2020, 03:05:28 PM »
Yes, there is no withdrawal fee considers in cfolo. this is one of their Cons.
with small sum of amount , it could make no profit due to of high withdraw fee.
helpfull post. Thanks

GreenWood

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Re: Best Bitcoin Arbitrage Tool 2020
« Reply #6 on: December 28, 2020, 01:44:51 PM »
Yes, there is no withdrawal fee considers in cfolo. this is one of their Cons.
with small sum of amount , it could make no profit due to of high withdraw fee.
helpfull post. Thanks
You are welcome!

hair

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Re: Best Bitcoin Arbitrage Tool 2020
« Reply #7 on: December 28, 2020, 01:54:58 PM »
But I think , someday you should give it a try, especially CFOLO- which is totally free and pretty easy to use. You might get amazing profit from it, together with your luck, who knows , right ?
Yes, maybe I will consider it, if it benefits so much, why not? :)

ICOselector2018

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Re: Best Bitcoin Arbitrage Tool 2020
« Reply #8 on: January 01, 2021, 07:26:46 PM »
Frankly speaking, I find Arbitrage trading good but it can be tricky, so we have to be very careful. I generally seek through proper Bitcoin investment strategy, as once you have the grip right, you are always in better shape to perform, and that very much is the way to go. Thankfully, I have figured it well with the support of BitcoinInvestment site, as they help quite a lot in many ways. And thatís to me is very important.

GreenWood

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Re: Best Bitcoin Arbitrage Tool 2020
« Reply #9 on: January 05, 2021, 02:31:27 PM »
Frankly speaking, I find Arbitrage trading good but it can be tricky, so we have to be very careful. I generally seek through proper Bitcoin investment strategy, as once you have the grip right, you are always in better shape to perform, and that very much is the way to go. Thankfully, I have figured it well with the support of BitcoinInvestment site, as they help quite a lot in many ways. And thatís to me is very important.
Thanks

 

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