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Crypto currecy Arbitrage

Make bookmakers cash cow machines
Thordin
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Re: Crypto currecy Arbitrage

Tue Dec 12, 2017 10:18 am

It pretty much fall under the category of trading shares / assets.
Could be Capital gains Tax.
Could be income tax.

No way it is No Tax :D
maletaja
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Re: Crypto currecy Arbitrage

Tue Dec 12, 2017 11:20 am

Its tax definately and im sure its all european countries. They take it as a stock trading. So be aware
junoreactor
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Re: Crypto currecy Arbitrage

Wed Dec 13, 2017 7:21 am

Big opportunities because we are still at the very beginning of cryptos.

Trading cryptos today is like arbing on sport odds ten years ago, or so...
dealer wins
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Re: Crypto currecy Arbitrage

Wed Dec 13, 2017 8:52 am

Im sure im just totally ignorant, but with the high spreads involved, and possible time delays in executing trades, coupled with transaction fees etc  this seems really risky and difficult to do?
Never trust a goose!!!
my_username
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Re: Crypto currecy Arbitrage

Wed Dec 13, 2017 11:33 am

i said depends on a country

and for slovenia, this is untaxed

mining is taxed

but trading isn't


https://data.si/blog/2017/09/12/kriptovaluta-obdavcitev/
http://www.davkoplacevalci.com/davcni-klepet/prikaz/razsirjen/442812/trgovanje-eur---bitcoin-prijava-dohodka-davek-dohodnina


but, can't you just open a LLC company in Bosnia or Malta and trade with your corporate account? Similar to how Apple has HQ in Ireland ? i'm not an accountant but I bet there is at least a dozen ways to do this.
maletaja
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Re: Crypto currecy Arbitrage

Wed Dec 13, 2017 12:47 pm

Im sure there is lot of money made on cryptocurrency, but i dont know yet mayby until 20 years....
Im not talking about arbing, im talking making some business based on block chain
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Re: Crypto currecy Arbitrage

Tue Dec 19, 2017 12:41 pm

If you want to do cryptocurrency arbitrage, you should register accounts on many exchanges.Further you should have balances on many cryptocurrency accounts. For example, you have accounts in 10 EXs and on 10 cryptocurrencies on each. So in total you should have money on 100 accounts.
Arbfan
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Re: Crypto currecy Arbitrage

Sun Dec 24, 2017 12:22 pm

This looks interesting , it is working but i din't try it in real .

https://cryptocoincharts.info/arbitrage
barnstorm
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Re: Crypto currecy Arbitrage

Fri Jul 27, 2018 12:33 am

Thanks for that. Interesting, as I wasn't sure how one would track Arb opportunities in Crypto.

The key is, how many Exchanges can you legally trade in as a U.S. Citizen or a Euro citizen, etc.? Then identifying the arb opportunities across all the coins and exchanges. Then how fast and how cheap can you move BTC from one Exchange to another. Trading fees and transfer fees are not bad at most Exchanges, so if the Arb is good enough, this can work. Will result in tax here in the U.S. as it is treated just like a stock trade, but that's not a deal breaker.
MrG
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Re: Crypto currecy Arbitrage

Fri Jul 27, 2018 10:14 am

And what about the possibility of having a partner in another country where the price difference is huge.

Or even travelling to that country, spending a week doing transactions, buying the bitcoin cheap there and selling it immediately on exchange for much bigger price.

Lots of to do, but a very profitable outcome

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