How to Setup A CryptoHopper Automated Arbitrage CryptoTrading Bot to Trade Bitcoin, Ethereum Tokens

How to Setup A CryptoHopper Automated Arbitrage CryptoTrading Bot to Trade Bitcoin, Ethereum Tokens.
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[@marioatorque]

Hello Calos love your video im looking to open a subscription, im goind to wait for your next video to see how perform, thanks again.

[@profegood]

Great Video!! You explained how anything worked perfectly, so I liked the video & subscribed! Thank you!!

[@RECONTrader]

Appreciate the comment.

[@robk7129]

Hello Great video ! Where can I find the video with the results of the arbitrage bot ?

[@doomdeltagaming1586]

How did you choose which ones to select for arbitrage (I have no idea if that’s proper grammar).

[@allenchinodakufa8743]

Amazing video, well explained in detail. You got a new subscriber 11:36

[@vincentiusbuntoro4091]

how do i know the maker and taker fee from my exchanges?

[@tolulopesoyemi2914]

I will like to ask...since I'm not sending to a wallet address, will this be possible with an altcoin that has problem with withdrawal & deposits on an exchange? You are a forex trader too. Can this be linked to margin/futures trading where "the bot" takes a long position on exchange A & a short position on exchange B so the exchanges do the netting-off at the background? If I have USDT on both exchanges will the bot go Long ETH on exchange A and Short ETH on exchange B at the same time using my USDTs? I'm also new in the crypto world. Do I have to deal with (recon) the type of network that each coin/exchange operates on (ERC-20, TRC20) and their fees... How is that accounted for?

[@romanpaiz5402]

Great video! Very helpful! I funded in advance my exchanges with similar coin amounts and configured my bot following what you did. Pretty soon it started executing exchange arbitrages and over night I ran out of BTC and USDT in three exchanges finding 63 error messages. Do you follow any rule of thumb of how much more USDT or BTC you should have to have enough funds for buying coins during arbitrage trades?

[@RECONTrader]

As a day trader I do not typically hold more coins than necessary to trade. With this type of arbitrage you will need to manage you coin balances.

[@DavidBowie36]

You need to rebalance funds on all exchanges when you will have empty balances.Just transfer coins between exchanges,its fast process.

[@surfj9009]

How do I get access to some of the foreign exchanges? I’ve tried to sign up for a few that your using but it says they don’t service the US. VPN?

[@RECONTrader]

KuCoin accepts US Customers and has similar fees to Binance.

[@peterchesley]

Do we have to open accounts on individual exchanges (Binance, Kraken, etc.) to be able to set them up on the arbitrage platform? Have just discovered the concept of arbitrage, thanks for helping explain via your videos :)

[@RECONTrader]

Yes, you will need to have accounts with the exchanges and hold the crypto on those exchanges (this bot is not your traditional arbitrage bot).

[@peterchesley]

@@RECONTrader Ok. Thanks for the reply :)

[@juanmanuelllorente6679]

Hello, once inrun out of a certain coin what i must do? Send more of that coin to every exchange? Thank you

[@RECONTrader]

You would need to send more coins to the exchange.

[@djnaydee]

Any update video? Or can we presume you gave up on the arbitrage bot

[@RECONTrader]

Update video kzbin.info/www/bejne/o4aXpH-YbJmjg5Y

[@MrBfancius]

1. Do I have to load my wallet on base currency manually, for each exchange ? Let's say I have to put 100 USDT as base currency on each exchange. If I have to do this; why we have to fill the deposit on paper account ? 2. in Exchange Arbitrage; I think it is possible that 1 exchange will going empty of base currency if this exchange always buy; am I right ? If yes, Could Cryptohopper set the minimum of remain base currency we have ? 3. How do we know the Maker fee and Taker fee percentage ? Do you have any link for reference ? 4. How the profitability to do arbitrage recently ? as my understanding, arbitrage is more stable than crypto trading in a exchange. Thanks before

[@dario5200]

Hello sponsor i had subscribed with your referral , can i ask to see a auto arbitrage ? i had try but without a good results i have buy Hero version thx

[@countryvibez4125]

Is there any crypto arbitrage bot on the market that makes the arbitrage trades for you between exchanges? Which would eliminate any holding time between coins because it would return to the Quote currency, USD?

[@RECONTrader]

Not that I am aware of as you would have to give the bot provider (like CryptoHopper) permission to withdraw funds from you exchange. That kind of permission would be a huge risk/liability.

[@PEMACTECHNOLOGY]

Awesome! Video

[@RECONTrader]

Thank you.

[@Buttinbag]

great vid!

[@RECONTrader]

Thanks

[@hanyveli1229]

hello, take it easy, I can't do the stock market and triangle arbtraj, there is probably a problem in my settings, the administrators do not help about this issue, I have 100usdt and 100usdt worth of btc in my kucoin and binance accounts, even though I have 400 usd worth of money in both exchanges, I get different errors every time and I can't handle it, if you help I'm glad, thank you in advance

[@jordigarcia4751]

Please, can you make a video doing arbitrage live using bitsgap? I’ve seen the bitsgap arbitrage video and I would like to see it with a live account. Thank you

[@AdventuresIntoTheUnknown]

Perhaps in the future but right now there are far more profitable opportunities in the crypto market right now. Arbitrage is not really part of my standard operating procedures. In order to do live fire arbitrage you will need to hold the currencies on the exchanges. Unfortunately, as a day trader my positions on the exchanges are in USDT (waiting to enter a live trade based on TA) or in a live trade and not available for arbitrage. In addition, most of the "best" arbitrage opportunities are on crap coins that I would never hold. With that being said, if ETH/USDT or BTC/USDT pop up as an opportunity on my exchanges I will give it a shot.

[@jordigarcia4751]

@@AdventuresIntoTheUnknown Thank you for your response, appreciate it

[@sebastianm4485]

Hello Have you ever tried the intraexchange (just one exchange) arbitrage bot?

[@RECONTrader]

Yes, but these days arbitrage is not as profitable as it once was.

[@micktrade2172]

But have you done arbitrage in paper trading? From the dashboard it seems so...

[@RECONTrader]

Yes, the results can been found in the follwoing video: kzbin.info/www/bejne/o4aXpH-YbJmjg5Y

[@roelkothman2722]

@@RECONTrader does it show net profit after commissions, when you are using the paper account?

[@lionschannel.3822]

I am a late comer here.I have 2 questions. (a) Which crypto did you set as base curency? (b) Do we have to deposit some volume in the selected cryptocurencies? Have a good day.

[@RECONTrader]

IF by "base" currency you are referencing the the quote currency (CH uses the wrong term) then I used USDT. You need to have crypto on both exchanges.

[@pr_productspr_products4752]

@@RECONTrader When you say crypto on all exchanges..do you mean that in the Selected Markets tab say i select ETH quote currency and I select coins AAVE/LTC/BTC/ADA/AVAX/FTM. Would I also have to have deposits of all the coins in the exchange ie $50 of each of AAVE/LTC/BTC/ADA/AVAX/FTM on each exchange? or Do i need just $50 of ETH on each exchange and it buys the related coin AAVE/LTC/BTC/ADA/AVAX/FTM and returns profit based on the selected exchange back to ETH? ie ETH on both exchanges and you would use one exchange to buy the coin using ETH and the other Exchange to Sell and revert back to the quote ETH?

[@ibrahimsodiq7476]

Nice question. Pls we need answers for this

[@squarebusinessofficial]

Awesome

[@albertogiacalone138]

Amazing and congratulaion. Could you tell me what is the minimum amount for each exchange to start arbitrage and how many exchanges minimum to work properly. thank you somuch for your feedback.

[@AdventuresIntoTheUnknown]

Great question. The minimum amount required to perform arbitrage will depend on each exchange and their minimum for each currency. Unfortunately you will need to do your recon on each exchange and the currencies you plan to trade.

[@RECONTrader]

Need at least 2 exchanges. Minimum amount required to perform arbitrage will depend on each exchange and their minimum for each currency. Keep in mind this is not true arbitrage.

[@JM-SB-JB]

@@RECONTrader Did you mean 2 exchanges only is not true arbitrage?

[@RECONTrader]

@@JM-SB-JB CryptoHopper does not perform true exchange arbitrage as they are not authorized to transfer fund between your exchanges.

[@exclusivesam6764]

Does one receive notification of when an arbitrage is taking place when they have signed in on crypto hopper on their phones?

[@RECONTrader]

You can setup notification.

[@exclusivesam6764]

@@RECONTrader thanks very much

[@Iran_Melody]

Amazing

[@RECONTrader]

Thanks you.

[@libardobarreto7932]

Is there an update on this video showing the profits?

[@RECONTrader]

The following is the link to the update video: kzbin.info/www/bejne/o4aXpH-YbJmjg5Y

[@cheadip1834]

Are you still running this bot if so how is it going and how does it compare to other bots you've tried

[@RECONTrader]

I am no longer running this bot as arbitrage opportunities are not longer what they once were with the growth of crypto.

[@vickson64]

Thank you so much for this video. I have a couple of questions. Lets say i have $100 worth of BTC, $100 worth of LINK, $100 USDT and $50 worth of XRP on binance, do i need to have the same four tokens on say kucoin before an arbitrage can be performed by the bot on both exchanges? If yes, will the bot be able to carry out triangular arbitrage on binance and kucoin if the opportunity exists? Another question, is it possible to set up triangular arbitrage on just one exchange? what i mean is is it possible to just set up tri-arbitrage on just binance with say $300 worth of BTC USDT and ETH incase i do not have enough money to fund two exchanges? Finanlly, is it wise to allocate 100% of my tokens to the bot for arbitrage? Awaiting your reply. Thank you so much.

[@RECONTrader]

You have to Hold the crypto on both exchanges for the Exchange arbitrage bot to execute arbitrage. The Market arbitrage bot will allow your to execute triangular arbitrage.

[@ShutYourCopyright]

Hi, how are the results for this?

[@RECONTrader]

Appears to working. Update video coming soon.

[@derekking2662]

Do you have any advice for somebody looking to enter crypto arbitrage as a beginner

[@RECONTrader]

There seems to be better opportunities these days. You might want to look at grid bot trading.

[@nalingms4309]

Did you upload the last step of this video ??

[@nalingms4309]

Actually I didn't got the point , I have already carried out all the steps you played , but what is the last step btw

[@RECONTrader]

All step to setup are shown in the video. If you are looking for the update video you can find it here: kzbin.info/www/bejne/o4aXpH-YbJmjg5Y

[@YJSVIDEO]

Hello Great video, How much % do you make annually with arbitrage strategies?

[@RECONTrader]

I rarely execute arbitrage now. Back in 2018 it was much more profitable.

[@YJSVIDEO]

@@RECONTrader so why are you making this video 4 months ago?

[@YJSVIDEO]

@@RECONTrader currently according to your experience how much can we expect in 2021?

[@elroyblackbean]

@@RECONTrader What are you focusing on now instead?

[@RECONTrader]

@@elroyblackbean Grid bot trading.

[@MikeKleinsteuber]

Intra exchange arbitrage is much more efficient and you don't need to have money distributed all over the place

[@RECONTrader]

Agree.

[@user-sw5rs2nx5t]

Hello, can I contact you in any way? It is very interesting to talk about Intra exchange arbitrage, but there is almost no information anywhere

[@ruimendes7534]

How much can we win in a day or sow???

[@RECONTrader]

It depends. You can paper trade to get an idea.

[@wockehs]

Great video! Is this still relevant today?

[@RECONTrader]

Not so much as the volume increased on exchanges the arbitrage opportunities decreased.

[@anilkumarlkm]

How was results..

[@RECONTrader]

Update video coming very soon.

[@virformance3805]

Hey ! Is arbitrage on this platform still relevant in 2021?

[@RECONTrader]

There seems to be better opportunities in the market.

[@ibraheemali9541]

@@RECONTrader for example?

[@RECONTrader]

@@ibraheemali9541 Grid bots would be one example.

[@ibraheemali9541]

@@RECONTrader anhan got it. thanks

[@abdullahomar1030]

Still work?

[@RECONTrader]

Arbitrage is not really a valid strategy as the exchange and markets has matured.

[@1ndraNugraha]

still works?

[@RECONTrader]

Not as well as it did a few years ago. Arbitrage opportunities are far a few between.

[@chukwudimartinsmaris]

Cryptohopper Arbitrage isn't working again

[@RECONTrader]

Arbitrage opportunities are not as common now that the crypto market is maturing and it is not nearly as profitable as it was in the past. You might consider looking at other strategies like grid bots..