Bitcoin arbitrage auto trading bot: new opportunities for cryptocurrency arbitrage and bitcoin earning in all most popular cryptocurrency market
The company Westernpips Group presents a completely new product for the fastest growing and popular today's cryptocurrency market. The software Westernpips Crypto Trader 1.7 and EA Newest PRO Crypto Bot was created with the purpose of consolidating quotes from all the largest cryptocurrency exchanges, analyzing the received quotes and further automatic conclusion of transactions on these exchanges. A large number of cryptocurrency exchanges gives unlimited bitcoin arbitrage opportunities for applying classical bitcoin arbitrage between these exchanges. Cryptocurrency arbitrage situations arise constantly and the opportunity to bitcoin earning on this now exists with our customers.
Now Westernpips Customers have a chance to use fast data feed from most popular cryptocurrency exchanges in MetaTrader4/MetaTrader5/cTrader terminals in special Expert advisor Newest PRO Crypto Bot
Westernpips Crypto Trader 1.7
EA Newest PRO Crypto Bot
(Include in Ultimate FIX/API plan)
- MOST POPULAR EXCHANGES
- FAST INTERFACE
- EXPORT QUOTES TO MT4/MT5/CTRADER
- ARBITRAGE EA NEWEST PRO CRYPTO BOT 1.7
- ARBITRAGE BETWEEN CRYPTOCYRRENCYES
- SIMPLE SETTINGS
- TRADING EMULATION MODE
- FREE UPDATE
Cryptocurrency market arbitrage software
The current version of the program is connected to the largest for today sites for trading bitcoins: BITFINEX, BITSTAMP, BITTREX, GDAX, OKCOIN, KRAKEN, POLONEX and this list will be constantly expanded as the program expands and its functionality.
Now the program receives quotes from crypto currency exchanges and displays them in the final table, where immediately the current discrepancies in prices on different crypto currency exchanges are calculated, and you can clearly see the signals for making transactions for buying and selling. The automatic trade function is not yet available, but it is already completed by 70% and will be available in the next update of the program. We did not wait and released the program right now, because you can already make deals manually on various exchanges and start bitcoin earning on incoming signals.
Also available is the transaction emulation mode, in which you can test the current backlog and understand between which exchanges it is better to arbitrate and what is the average time for the divergence and convergence of quotes. According to our calculations, this is an average of 1-8 minutes. It is also possible latency arbitrage to the execution of the transaction is less than 1 minute.
LATENCY ARBITRAGE EA BITCOIN CRYPTO BOT
Much more bitcoin arbitrage opportunities for latency arbitrage trading will give you the function of importing quotes from crypto currency exchanges directly to the Meta Trader4 / Meta Trader5 / cTrader terminals. Quotes come directly from the Crypto-Currency Exchanges using API connection technology and this gives an advantage in speed ahead of Forex terminals. Expert advisor “Newest PRO Crypto Bot 1.7” will trade automatically on the received quotations and your settings.
AVALABLE CRYPTOCURRENCY EXCHANGES
OKCoin is the leading global bitcoin exchange. Secured with bank-level SSL encryption and cold storage. Distributed servers for high-speed bitcoin auto trading bot.
Bitfinex is the world's largest and most advanced bitcoin auto trading bot platform .
The best bitcoin exchange is needed for serious and professional bitcoin traders.
First fully licensed bitcoin exchange in the EU .
Based and fully regulated in the USA and provide individuals and businesses a world class experience to buy and sell cutting-edge cryptocurrencies and digital tokens.
US based digital asset exchange with trading FIX API and REST API. Easy to deposit funds with Coinbase wallet, bank transfer, wire transfer, or digital currency.
US-based digital asset exchange offering maximum security and advanced trading features.
The program is implemented in the console application, which makes it very fast and low-cost on the resources of the VPS server. Now many brokers actively add to their terminals the ability to trade on crypto-currencies, in particular on the BTCUSD course. This is a new market and a new chance for all arbitrage traders! Hurry! You need to start right now with the new program Westernpips Crypto Trader 1.7.
Bitcoin arbitrage: how to bitcoin earning with a new program Westernpips Crypto Trader 1.7
With the development of the Crypto currency, exchanges that provide services for their exchange began to develop actively. Since the time when electronic money has come into use, various financial transactions have been carried out with them: buying, selling, exchanging (both for customary currencies and among themselves). This has already been used to holders of traditional banknotes, which is well known for such a way of earning, as speculative operations.
Any currency, like crypto, has its own course in relation to the rest. It usually changes under the influence of external factors, which makes it possible to earn on the resulting difference. And since the crypto currency is a new kind of money, it opens up wide bitcoin arbitrage opportunities for profit. Therefore, one of the most highly profitable methods of bitcoin earning bot today is trading crypto-currency.
Crypto-currencies and their features
Crypto currency is called virtual digital money. For the unit of calculation, a coin is accepted. It is an encrypted code that can not be copied, and therefore reliably protected from forgery. In this case, cryptography is used, which defines the name - Crypto currency.
Crypto currency is issued on the Internet and does not depend on public financial systems. Submitted exclusively in the electronic version. It is stored decentrally - distributed by electronic wallets users. Due to the release of a limited number of coins, it is not subjected to inflation.
The most common crypto-currencies are:
- and etc...
The government of many countries refers to the development of digital currencies and financial technologies very leniently. According to representatives of Central Banks, "virtual money can successfully exist and interact with the phiatic". And researchers from Seoul Hongik University suggest that "The appearance of e-currency will open a new kind of dual-currency regime. "Financial operators also highlight the advantages of crypto currency in the global money transfer market.
Differences from the usual money
The main difference between the crypto currency and the phyto is that it exists exclusively in electronic form. Under it, do not produce cash equivalents in the form of coins, banknotes or cards. The guarantor of its value is not controlled by anyone, as, for example, the "gold reserves of the issuer". The main guarantor was the trust in the reliability of the transactions carried out and the solvency of the owner (however, this rule is valid for any currency, even for the fiat one).
Another notable and very important feature is that the crypto currency does not use the details to avoid violating the confidential information about the owners, which guarantees the anonymity of the transactions. At the same time, there is no control over transactions and payments, which makes it possible for everyone to earn on the crypto currency.
Financial transactions with Crypto currency
For crypto currency buy goods and services, with it make purchase-sale transactions, it is exchanged for any other currency. To eliminate the risks when using these "virtual" money, specialized exchanges were created. They are electronic Internet sites for bitcoin auto trading bot. Typically, these sites are easy to learn, characterized by a clear interface and instant execution of payment orders (which was the reason for the rapid growth of their popularity). Any person here will be able to buy crypts for traditional money or vice versa - the holder of the crypto currency will easily sell it and receive a fiat in exchange.
To complete financial transactions, you must register at the selected site.
To preserve the anonymity of the owners, the exchange of crypts against each other is performed not directly, but through special exchange codes. When you need to buy a crypto currency for a phiatic, or you need to exchange crypt savings for traditional money - also use codes that do not allow you to track down the wallet owner.
What codes mean
Codes are applied on any crypto-exchange. These are payment orders that are considered equivalent to a certain currency. In fact, they are not money, but are converted in both directions. Code is a unique sequence of characters, so you can use it only once. After activation, the code becomes unavailable for the next application. As an example, you can name the title signs WebMoney.
Using codes is very simple. After registering on the exchange, you need to replenish your account with a convenient method. For example, you can enter US dollars into your personal wallet. Then, access to various financial transactions is opened. It looks like this: when making a transaction for the purchase of crypts, the stock exchange codes will be provided at your disposal. By activating each of them, your crypto is automatically added to the specified amount. All operations occur instantly. That is, codes are perceived as a direct analog of crypts. The WebMoney system is also built in the same way - the title signs are the equivalent of the corresponding currency, however, on the legal side, these are just payment orders or checks.
We note the main advantage of codes: for their use no commission is charged.
Crypto currency. How to bitcoin earning bot work?
Modern exchanges make it possible to use crypto currency not only as a payment instrument, but also as a means of earning money. Thanks to them, digital money has become easy to exchange for fiat (fiat). These are traditional currencies, which include rubles, euros, dollars, hryvnia, etc.
Considering that the demand for e-currency is steadily growing, it becomes a worthy alternative to the usual banknotes. Acting as a trading tool, crypts cause unprecedented interest of traders. After all, the volume of trade with crypto-currencies is increasing every day. Trading platforms handle transactions on a daily basis in excess of $ 200 million. Recently, such turnover exceeds the world average for trading in some classical currencies.
At the present time, the volume of trade on the stock exchange is thus:
Despite the fact that a variety of digital money has been unheard of on the stock exchanges, the Bitcomin takes precedence over the total liquidity. It was he who won the greatest popularity. At the leading South Korean exchanges, the price of this crypto currency in July 2017 reached more than $ 4,000.
It should be noted that the trade turnover for the pair BTC / USD is skyrocketing. Pair trading crypto currency between Lightcoin and Bitcoin is also popular. Correlation here is high, and periodically these crypto-currencies change places - leading / catching up. And since it is certain that they will come to a certain parity, the deal becomes absolutely risk-free - with any movement sooner or later we will get a profit. Thus, the trader is immune from unpredictable market fluctuations.
Many have already considered in the trade of crypto currency unlimited possibilities and successfully "surf on the crest of the wave", applying the strategy of bitcoin bot arbitrage.
Bitcoin arbitrage bot as a way of earning
Arbitrage is a well-known among the traders method of earning on Forex, which with the same success began to apply on the stock exchange crypto-currency. Its essence is to track the difference in quotations on various sites (fluctuations occur regularly). Then it remains to buy the asset on the exchange with the lowest rate and sell it to another one, which offers the highest rate. To receive income in this way is possible on any pair: bitcoin / euro, dollar / lightcoin, bitcoin / dollar, etc.
Each exchange offers its own exchange rate for crypto currency. It is approximately the same, but at some point the divergence of quotations may be 5-10%, and sometimes reaches as much as 20%. Such a big difference in the price for the same cryptoactivity at different sites is due to a number of factors:
- Initial stage of market development;
- High volatility;
- Lack of a single price glass;
All this leads to the fact that bitcoin arbitrage situations in the market of crypto currency are much more frequent (almost regularly) than in other markets with the usual tools. This opens wide scope for activity. In addition, money is always there, and their stock is quite impressive. And for the trader the main thing is to make money on this phenomenon, it is still possible. After all, due to the big difference in quotes, the potential for profitability of cryptocurrency arbitrage strategies in the market of crypto currency is incredibly huge (especially in comparison with classical markets). And most likely, such a significant difference in prices will remain for a long time, which will make bitcoin arbitrage bot particularly popular in the coming years.
How is bitcoin-arbitration carried out?
Since the rate of the pair "crypto currency / fiat currency" on the exchanges varies, this factor is successfully used for making a profit. So, the crypto currency ... how to earn?
Suppose, on the "A" site, the cost of one bitcoin is $ 3.99, and on the "B" exchange its price reaches $ 4.45 (conditional figures are given, the current rate should be checked). In such a situation, it would be advantageous to introduce American dollars to replenish the crypto-purse on the "A" exchange, and buy bitcoins for them. Then it is enough to translate the codes of the cryptonomete from the "A" site to the codes on the "B" site and there to convert them into dollars. It remains to withdraw the dollars from the exchange "B" with a tangible profit received on the difference in rates. This is classical arbitration. Repeating this chain of resale several times, in the end you can repeatedly increase the original amount in your wallet.
Important! The cryptocurrency arbitrage strategy for trading is not only attractive and highly profitable. It implies a minimal, and sometimes even complete, absence of risks. With sufficient speed, arbitrage will bring tangible profits.
What do you need to start earning?
Those who are interested in bitcoin trading bot and how to make money, are happy to please. In order to profit from cryptocurrency arbitrage, you do not have to learn any special skills. As with the trading of other currency pairs, you just need to monitor the quotes on the exchanges you like. The situation on the market is changing very quickly: the crypto-currencies can both soar and so sharply fall. The purpose of the arbitrator is to catch the time when / where to buy and when / where to sell. The trader, who manages to have time to sell at the peak, earns very well. But alas (or fortunately?), Not everyone has enough patience and perseverance to constantly monitor the monitor. In addition, it is simply impossible to follow the changes independently. What to do?
Install the helper! While others promise, Westernpips Group does it for you!
Introducing a new, completely unique product - Westernpips Crypto Trader 1.7. The program instead of you will automatically monitor the courses on the leading stock exchanges crypto currency: BITFINEX, BITSTAMP, BITTREX, GDAX, KRAKEN, POLONEX (the list is constantly supplemented). All of them are famous:
- Instant execution of orders;
- A wide range of crypto-currencies;
- Regular addition of crypts (sometimes already at the stage of tokens);
- Large volume of trades;
- A notable difference between the purchase and sale rates.
Some sites do not even require verification, which guarantees complete anonymity.
Advantages of using Westernpips Crypto Trader 1.7
Using Westernpips Crypto Trader 1.7 allows you to easily and instantly catch the moment when and where to trade. The program is especially suitable for arbitrators who do not like to spend their time and energy on monitoring, analyze the market and take too much risk. After all, it receives quotes from stock exchanges directly from the exchange, using API-connection technology. This guarantees the relevance of the information received and gives an advantage over the forex terminals. All data is output to the final table, which is very convenient and obvious for the user. There will also be an automatically calculated current price difference on different exchanges. This allows the owner to immediately see the signals for the transaction to buy or sell. Thus, a trader will not be able to "miscalculate" and lose his capital.
Another nice point - the program is implemented in the console application, which makes it low-cost on the resources of the VPS-server and very fast.
Undoubtedly, with Westernpips Crypto Trader 1.7 you will be able to "catch the wave" in time!
Soon there will be an updated version of the program, in which an additional function is integrated - the ability to automatically trade bitcoins. This will be advisor to Newest PRO 3.7 Crypto Bot. It will significantly simplify the life of cryptocurrency arbitrage traders, and trade will make it as efficient and profitable as possible. The robot minimizes your risk of incorrect selection with a probable loss, reduces time and helps to avoid unnecessary financial costs. Thanks to the ability to customize the work of the Expert Advisor at your own discretion (for example, for a floating profit chart to move in a given channel without sudden surges), the trade will become more flexible - in fact you can choose the ideal personal scheme for earning income.
Useful recommendations to arbitragers for the successful trading
At bitcoin arbitrage trading bot it is necessary to pay attention to the commission for withdrawal of the currency. It is a fiat, since the crypto currency is displayed on almost all exchanges without commissions with the usual transfer (a small payment for a transaction on the Internet is allowed). Accordingly, the probable profit will always be greater than the costs of transactions and transfers. But you should determine in advance where and how it is more convenient for you to replenish your account and withdraw money. When choosing, consider that some payment systems offer more profitable courses than exchangers.
- 1. Invest for bitcoin arbitrage software funds worth not less than $ 100.
- 2. Trade only if the difference in quotes is more than 2%.
- 3. Begin training during the period of low-activity bidding, in order to have time to earn before the price changes in your favor.
Having fulfilled these simple conditions, which are relevant for cryptocurrency arbitrage, making profit will be much easier.
Remember that 80% of the income belongs to those who know how to act.
And now you know!
Making conclusions that bear fruit
The market of crypto-currency is still young, but it is already actively developing. And the fact that he is at a "rudimentary" stage, plays traders on hand, as it opens a lot of opportunities for bitcoin arbitrage software operations. And as you know, at the dawn of the stock exchange's formation this trade scheme brings the maximum profit. Against the backdrop of the growing popularity of crypts, even simple trading strategies will show a better result than on the developed and already fully formed foreign exchange market. This is due to the imperfection of the crypto-currency market, the lack of professional players and a mass of simple technical patterns.
Of course, over time, prices in all markets will gradually equalize, but while the difference between them is huge and the delay of quotations can reach up to 8-10 minutes, trade in crypto-currencies is the most profitable from the economic point of view. We add here additional advantages:
- Risk-free transactions;
- Absence of commissions and restrictions;
- Low costs for inter-exchange code exchange;
- Instant conversion of codes into any currency;
- Very high profit potential.
Immediately it becomes obvious that the crypto-currencies have become market leaders. And the current situation on crypto-exchanges provides a unique chance to take advantage of all the advantages of cryptocurrency arbitrage and to obtain greater profits with minimal risk.
Undoubtedly, arbitrage on stock exchanges is a crypto currency - a promising and very profitable direction, which is guaranteed to bear fruit. So proceed to their collection right now, using the program Westernpips Crypto Trader 1.7!