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There is no wizardry behind the Bitsgap arbitrage, but to run it requires you to split your balances between exchanges. For instance: in trading BTC / USD you want to send your Bitcoin to exchange with a historically higher price; and your USD where the price is lower (we will use it to purchase Bitcoin back)
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Hey Free Marketeers! This post is part of our lesson plan series. Today’s subject is ARBITRAGE! Each month, we identify a new subject, conduct research, find available resources and then build discussion questions and quizzes. We’ll make it easy! Why money subjects? Because as a society we do a horrendous job teaching our kids practical – and healthy – frameworks on all things money. What is SureBets? Sure bets (betting arbitrage, arb) is a mathematically calculated arbitrage situation that allows placing bets on all the opposing outcomes of the competition with different bookmakers.You earn in spite of the outcome! Therefore, sports betting turns into an investment method with more than a 10% yield of the amount invested on a monthly basis.
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Our platform examines order books of every supported exchange and compare prices of all available trading pairs. When the price slippage is detected we add a new entry with estimated profit results and the option to complete instant trade.
The system is always comparing your available trading balance with the price and volumes in exchange order book. This allows us to show the precise number of how much you will make out of your existent funds.
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Running arbitrage with such setup eliminated the most severe problems of the classical arbitrage method where it is challenging to cope with transaction speed and natural reaction to the dynamic environment.
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And of course, you can check the prices between exchanges manually but it would take way more time than checking them on Bitsgap.