What I've Learned from Years of Arbitrage and Market Making

Written by jare | Published 2019/11/08
Tech Story Tags: bot | blockchain | ethereum | trading | automation | crypto-trading | building-a-trading-bot | latest-tech-stories | web-monetization

TLDR Aims to make 'risk-free' money from trading on decentralized exchanges. Opportunity for arbitrage last a very, very small amount of time. Competition is fierce and when you find an arbitrage opportunity you can rest assured someone else is already there ahead of you, sometimes with millions $ in budget to create their own bots.Enter Market Making Fee Rebates on futures exchanges, usually, like BitMex or Deribit, if you create an order that someone else then acts again - adding to the books rather than taking from the books - you receive a percent of the fees they charge the market taker.via the TL;DR App

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Written by jare | https://linktr.ee/STACCart
Published by HackerNoon on 2019/11/08