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by t0 4813 days ago
The exchanges charge 0.5% per trade. This isn't feasible once you look at the numbers.
1 comments
aianus 4813 days ago
Why wouldn't it work if the spread was high enough?
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anonymoushn 4813 days ago
Sure. It would also help if the exchange took less than 10 minutes to execute trades.
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KingMob 4805 days ago
Exactly. I'm writing a (low-frequency) arbitrage program in Clojure for fun, but the long confirmation time for BTC and the inability to move non-BTC currencies between exchanges greatly limits this in practicality.
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