One should be always aware of what is happening on cryptocurrency market therefore algo trading Bitcoin should be chosen correctly. Cryptocurrency exchange has become an excellent solution enabling purchase and sale of virtual coins, creating at the same time tons of arbitrage opportunities. Big differences in value let crypto traders earn money but the process is rather time consuming. Bitcoin arbitrage bot helps to solve this problem fast and easily.
The beginners have a lot of questions as a rule, trying to figure out how to get profit with Bitcoin arbitrage bot. Is it possible to find a free BTC bot? What is the best exchange arbitrage bot in 2018?
Bitcoin trading bot has a lot of benefits. It helps the person not to skip the right moment and take advantage of the opportunity to get more cash. One can download Bitcoin arbitrage bot at Github that presents open source code of many popular instruments of this kind. If you read numerous Bitcoin arbitrage bot reviews, you will be able to determine, which instruments are the best for trading.
Blackbird is the most popular among them. The reason for it is the ability to support various platforms such as Kraken, Gemini, Bitfinex, OKCoin. It is very simple and easy to set up. Even the beginner can cope with instructions how to do it.
Gekko also has a range of similar properties that can employed at such exchanges as Kraken, CEX, Bitstamp, BTC-E. Open source software can be found at Github.
Flexibility is the key feature for such tool. Therefore Bitcoin Arbitrage is highly demanded. It is possible to use it at Coinbase, Paymium, Bitstamp. It is recommended to use various exchanges if you want to discover best variants and derive profit from them.
Bitcoin Dealer was developed for Bitstamp only. It is also present on Github.
This is just a small part of the list. However, not all of them are supported by developers. tAPIbot is one of few tools that are still supported. Open source code is published on Github.
Crypto Arbitrage Trader is one of the earliest software products developed in 2013. It supports Vircurex, Coins-E, BTC-E.
Some traders use triangular arbitrage bitcoin bot in Python to compare the difference in price between three exchange rates. The trading bot collects and visualizes data with fees or without fees. There is different attitude to triangular arbitrage strategy. Not all consider it profitable.