Spread crypto-bot

-1

What do you think is there possibility to write crypto bots using spread beetwen asks and bits? For example: buy currency X for 0.025BTC and then sell X for 0.026 BTC in the same exchanges. As a result we have 4% profit - 2*0.25% (exchanges fee) = 3.5%

Taras Mychats

Posted 2018-02-26T19:26:51.217

Reputation: 1

Question was closed 2018-03-18T21:42:08.883

What if no one wants to buy at 0.026 BTC?Rodrigo de Azevedo 2018-02-27T05:48:06.367

Many exchanges offer an API, and this can be used to write such a bot. As this is not bitcoin related (it concerns any currency), I vote to close this question as being off-topic.pebwindkraft 2018-02-27T08:11:30.783

Answers

1

You may rest assured that this is widely happening already, not just with Bitcoin and crypto-currencies, but with other currency markets and the stock exchange.

Willtech

Posted 2018-02-26T19:26:51.217

Reputation: 2 657