Btc e litecoin trade bot for account

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I just got a good price from eBay on a supposedly never-used Trezor hardware wallet. I have no specific reason to think this would be dangerous to use, but I'm being cautious and ask here first: Jonathan van Clute 7. I've seen bitcoin traders arbitrage trade using US I'm running startup and we think how to accept payments. Our customers are far not geeks and they don't know what BTC is. However, I'd prefer to collect BTC on may wallet, This is the current API: What can i do so that i will Do exchanges charge fees from base currency or from counter currency?

I'm building some trading robots for a while already but I keep seing that something is wrong with my end of day balances. My robot does arbitrage across multiple exchanges and I always take into Anybody tried any of these? I notice a few things that I am not sure I understand when I visited btc-e.

Ben Muircroft 1 Question about BTC-E fee's I'm looking into trading on btc-e but can't find too much info on the trading fees. Is there a fee for trading btc in or out? What else is there? There are two variables that matter in an arbitrage strategy: This is the minimum percentage price difference between exchanges for conducting arbitrage.

A higher cutoff will result in higher profit per trade, but will occur more rarely. The volume of currency you wish to trade during every arbitrage trade.

This is largely based off how much you wish to invest. Here's how you'd get started: Deposit some number of USD or other currency into the lower-priced exchange. Let's use btc-e for this example, as it often has very low prices. Deposit only the amount you need to mitigate block chain confirmation time into the higher exchange, which we'll say is MtGox. Because our hypothetical bot only scrapes once every 10 minutes, there is a very low chance that we'll trade more than once an hour.

That means we only need to deposit 0. Here's the order of events the automated trading bot would execute: Using the compound interest formula:

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