Cryptocurrency Arbitrage Monitoring
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Arbitrage opportunity alerts
- Get instant notifications for arbitrage opportunities
- Set filters for minimum required volume
- Choose from 26 cryptocurreny exchanges
- Receive alerts and respond super fast
- EMail and pushover notifications
Cryptocurrency is still at its early stage and prices seem to vary on different exchanges due to the decentralized nature of cryptocurrency. Cryptocurrency arbitrage means buying cryptocurrency on an exchange where the price is lower and concurrently selling at an exchange where the price is relatively higher. This means that arbitrage allows you to take advantage of the temporary difference in prices at both exchanges.
Cryptocurrency arbitrage might sound easy on paper, but that isn’t always the case. While it appears to be a good opportunity to make passive income, it is important to take not of the potential risks and pitfalls that are involved before you begin. Transaction fees always vary at different exchanges, so you have to be conversant with these details.
A good example of arbitrage trading is buying Bitcoin at $5,300 at Okex while it is trading for $5,700 on Binance. Here, there is an opportunity for arbitrage trading since you can buy the coin at Okex for $5,300 and sell on Binance for a relatively higher price.
To engage in cryptocurrency arbitrage, you need to ready yourself by having registered accounts on as many exchanges as possible. With this, you can utilize every available opportunity, without spending time to register accounts. You also need to be trading with a reasonable amount of money so that a few percentage differences in price will mean a reasonable profit for you.
However, arbitrage trading demands that you have to manually monitor the market for price differences, place your trades and transfer funds. Manually monitoring the market for arbitrage opportunities can be difficult.
CryptoTrendAlert is a user-friendly tool that helps you get instant notifications for arbitrage opportunities. With CryptoTrendAlert, you can set filters for minimum volume requires, select from 26 major cryptocurrency exchanges and receive alerts real quick via Email and Pushover notifications.
All major exchanges supported
We support all major exchanges and crypto currencies
Currently we support 26 major cryptocurrency exchanges. Unlike stock exchanges, cryptocurrency exchanges are open 24/7. CryptoTrendAlert helps you managing signals from different exchanges in order to protect and increase your investments.
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