Home Search
Search results for

"Arbitrage "

Press Release

Everything You Need to Know About Arbitrage Trading and a Crypto Arbitrage Bot for Better Results

by cryptocreed
written by cryptocreed

The major goal of any trader, regardless of whether one trades fiat assets or cryptocurrencies is to benefit from the difference between the buy and sell prices. Due to the extreme volatility in the crypto market, digital assets manage to grab more attention from users in recent years.

There are many different exchanges that offer crypto trading services of different types. Every trading type and the best strategy has its unique peculiarities that should be examined at least in their general outlines before practicing. Today, we are going to speak briefly about so-called arbitrage trading and automated solutions that may help to make this process less time-consuming.

What is Arbitrage Trading and Why is it Popular?

Arbitrage crypto trading is gaining popularity among digital coin enthusiasts because it provides wider exposure to investment products. Unlike ordinary trading, which enables speculation on the price difference between two assets in a pair, arbitrage trading enables the addition of more than three products.

For instance, a common USD/BTC pair may also include the native token of the ecosystem that facilitates the trade. This arbitrage trading system is called triangular and it’s available on such platforms as UGMCRYPTO, for example.

There are different approaches to online arbitrage trading. If you want to become an arbitrage trader, you can choose between internal and outdoor arbitrage trading. The first approach enables trade within a single ecosystem, while in the second case, the third-party solution is included in the process to monitor more opportunities.

What’s interesting is that the above-mentioned exchange, UGMCRYPTO, manages to combine these two approaches to arbitrage trading, while also involving the ecosystem of the Binance exchange. This is quite an interesting system as it provides users with more flexibility when speculating on price differences in crypto pairs.

Are There Any Ways to Make Arbitrage Trading Automated?

As with common cryptocurrency trading, different exchanges, enabling arbitrage trading, may offer some helpful solutions to help traders not to miss profitable market opportunities. Trading bots and algorithms are quite profitable solutions but they all work differently, depending on the provider of services.

To make everything more clear, let’s take a look at a simple example — the work of the above-mentioned UGMCRYPTO arbitrage trading bot:

  • This bot is an automated trading system that triggers trades based on pre-defined criteria while working under current market conditions and volatility.
  • Since the UGMCRYPTO bot is a solution for arbitrage trading, it’s designed to execute trades within both UGMCRYPTO and Binance digital ecosystems.
  • This exact arbitrage trading bot is based on the GRID strategy, meaning trades are triggered only based on limit orders.

For more information about this automated software for arbitrage trading, visit the official resources — https://ugmcrypto.com/arbitrage-info. Follow us here to stay tuned to the latest breakthroughs in the industry of decentralized finances!

0 comment
Trading

Kucoin Arbitrage Bot: Best Arbitrage Bots For KuCoin Exchange

by cryptocreed
written by cryptocreed

Kucoin is one of the leading cryptocurrency exchanges. No doubt, Kucoin is a brand in the crypto world. Where most traders do use to trade. As their website claims 1 Out of 4 crypto holders worldwide is with KuCoin.

But in this article, we are not going to talk about Kucoin but we are going to check the available Kucoin Arbitrage Bot through which you can make a profit from Kucoin exchange.

Arbitrage is the way to trade a coin from one exchange to another without making a loss. if you don’t know what is Arbitrage then I would suggest reading this article on how crypto arbitrage works.

Best Kucoin Arbitrage BOT

There are different arbitrage bots available on the internet for Kucoin. Some are free and some are paid. The benefit of paid Bots is to trade in real-time with an automatic function. Whereas for free BOTs you need to install them on your own and then run them.

In this list, we will check out both types of Bots, free and paid. Register on the Kucoin exchange using our link and save a 40% trading fee.

BitsGap (Free Pro Plan For 7 Days)

BitsGap is one of my favorite trading bots. You can trade from more than 10 crypto exchanges like Binance, Kucoin, Okex, Huobi, and FTX.

It is a paid platform but you can try them for free for 7 days under a trial period. If still you are not satisfied you can access bots using your demo funds.

Below is the bot I started a few days back and made a profit of more than $30 with my $100. Click here to check my active bots. It is one of the best kucoin trading bot.

To create BOT you just simply register on the BitsGap website. Click on Bots and choose strategies, more than 600 strategies are available, as of now.

KoinKnight (Paid)

KoinKnight is not a Bot practically but it can be used to find arbitrage opportunities. It supports more than 30 exchanges including major cryptocurrency exchanges like Binance, Gate.io, HitBTC, WazirX, Bittrex, BitBNS, and many more.

KoinKnight is paid platform but it offers you a free trial for a few days from which you can understand how it works and from this, you can also know how accurate their results are.

To know more about the platform and its plans read KoinKnight Review.

CoinArbitrageBot (Free)

CoinArbitrageBot supports all major exchanges and coins. What they do is collect the price of coins through API and list the profitable coins on top.

As I previously said free platform doesn’t provide real-time data, the same happens with this one. Data or rates are updated around every 40 to 50 seconds.

This is the best free Kucoin Arbitrage Bot but a delay in price can put you in heavy losses.

CryptoHopper (Free & Paid)

Cryptohopper is not for very beginners. It supports all major exchanges and markets. If you like to make use of different types of trading then you can also perform that here with their more than 50 trading templates.



You can also use them with free funds (demo), to start a free or real arbitrage bot register on their website from here. After registration, you have to go to the Config page where you have to enter details of your exchange, and if you just want to try them with the demo then choose Paper trading under Exchanges.

TradeSanta

TradeSanta is an active trading bot platform provider for last many years. You can start different bots like making a profit and stop similar bots working as arbitrage opportunities. You can use any kucoin bot to trade free coins.

0 comment
Trading

5 Best Crypto Arbitrage Bot To Make Profit From Binance, Okex, Kucoin (Exchanges)

by cryptocreed
written by cryptocreed

Cryptocurrency arbitrage bots are the software that allows you to generate revenue while trading the same coin on multiple platforms. Arbitrage methods are profitable who find the opportunities and perform them before it’s too late.

But if you do that manually then it will take time to find the best crypto arbitrage opportunities hence there are some crypto arbitrage bots that are made to help you. This bot will help you to find available options and perform trades for you.

You are reading this article it means you know what is Arbitrage but still, if you don’t know then I suggest reading an article about what is crypto arbitrage.

Let’s check out the list of the best crypto arbitrage bots.

5 Best Crypto Arbitrage Bot

Following are the best places it bots to perform any arbitrage exercise. If you think any of the following platforms are doing cheating then let us know through the comment box so we can remove them.

Note: HitBTC is acting weird in coin rates hence I do suggest not to trade on HitBTC for now.

BitsGap

Bitsgap is one of my favorite arbitrage bots or platform. It supports more than 10 top cryptocurrency exchanges including Binance, Kucoin, Okex, Huobi, and FTX.

Arbitrage is not free they have three different plans. The major changes in plans are the numbers of BOTs allowed and the monthly trading limit, which you can find below.

As of now, to test the bot I checked and it seems they are 80% accurate as the price they have shown is not 100% the same but it is similar around 80%. Now, I found one arbitrage opportunity for FLOW coin from Binance to Kucoin there is a difference of $1.10. bitsgap arbitrage price Crypto Arbitrage Bot

The price of FLOW on Binance is 18.36 USD and on Kucoin it is trading for $19.46. It means every 1800 USD you will get 1900 USD.

Note: Always check the deposit and withdrawal status before performing any action.

Quadency

You can join Quadency for free where you get up to 20 bots, 200 backtests per day, 24/7 live chat, and access to all exchanges. You can find all major exchanges here like Kucoin, Kraken, Binance, and others.

But in case if you want to increase the usage of the app or bot you can contact them to increase your account weight. As of now more than $1 billion worth of cryptocurrencies are managed and $3 billion of cryptos are traded.

If you are a beginner and don’t know which bot is perfect for you then you can copy strategies where you can check which bot performed well and which doesn’t.

CryptoHopper

CryptoHopper is a bit different from others, if you are a beginner then you might get confused at an initial stage. But it is one of the best and most known names in the trading world.

It supports all major exchanges and markets. If you like to make use of different types of trading then you can also perform that here.

Key Features:

Simple UI, 24/7 Support, Marketplace, Free & Paid Templates, Crypto Signals, Advanced Strategies, 30+ Indicators, 90+ Candle Patterns, Top 9 Exchanges, $0 Trading Fees, and much more.

You can try them for free if you like them then you can upgrade for $99 per month.

HaasOnline (HaasBot)

Automated Bitcoin Trading Bot SoftwareHaasBot is part of the HaasOnline which is an advanced crypto trading platform. You can start using their platform as low as 0.004 BTC for 3 months and 0.039 BTC for 9 months with all features.

HaasBot was launched in the year 2014 by Stephan de Haas. And since then they have worked smoothly and actively. It is the best crypto arbitrage software ever I saw.

They are working with big exchanges like Binance, Bitfinex, BitMEX, Coinbase Pro, Gemini, Huobi, Kraken, Kucoin, and others.

Coinigy

Coinigy is new in the market but make its place in a known crypto arbitrage bot. They have integrated with more than 45 exchanges and no trading limits.

The bot comes for free but it doesn’t include an arbitrage bot hence you have to upgrade your account for $22 per month or $18.67 per month for an annual plan.

With upgraded membership, you get the following features.

Unlimited Trading on All Exchanges, API Access for CryptoFeed™ Users, Stability & 99.9% Uptime, 24/7 Portfolio Monitoring, Mobile & Web App Access, Unlimited Exchange Accounts, Enterprise-Grade Security, 70+ Technical Indicators, High-Definition Charting, Excellent Customer Support, Advanced Order Types, Access To Premium Features

Other Best Crypto Arbitrage Bot

Pionex

Pionex comes with 16 Free in-built trading bots. It got mentioned in large media outlets and used by many users. They have a mobile app for ios and android which got more positive reviews and downloads.

It has got licensed from U.S. FinCEN’s MSB (Money Services Business).

Pionex is a cryptocurrency exchange that is integrated with many trader-friendly bots. You can secure your account by enabling various security options like 2FA, SMS confirmation, KYC, and email authentication.

CryptX

CryptX started developing the platform in 2018 and launched the platform for public use in 2021. As of now, they have 9 bots that are Accumulator, Multi order Accumulator, Arbitrage, Bollinger Bands, Combo, OBV, MACD, RSI, and Order Chain.

You can start using the platform for free but the free plan allows you to access only two exchanges, more than 10K USD monthly trading volume, only one bot, one backtest per day and standard support.

With an upgraded plan, you can increase your trade volume by more than $1,000,000, a number of bots, and dedicated supports.

0 comment
Trading

7 Best Paid and Free Crypto Arbitrage Scanner In 2024

by cryptocreed
written by cryptocreed

Looking for a crypto arbitrage scanner? Crypto arbitrage platforms allow you to find the best opportunities to perform profitable trade within a few minutes.

In this article, you will find the list of best-paid and free crypto arbitrage scanners. Most of the following tools or sites are not used by me and taken & learned about them from the internet.

If you are looking for simple just cryptocurrency arbitrage platforms then visit here.

Let’s check out the list of best bitcoin arbitrage scanners.

Join Binance & Kucoin using the following link to save 40% on trading Fees.

https://www.kucoin.com/#/?r=E59Pqv

https://www.binance.com/?ref=11271138

7 Best Crypto Arbitrage Scanner

The following are the best scanners for crypto arbitrage finders. Use them at your own risk and try to test them first before using them.

KoinKnight and BitsGap are more accurate but you can enjoy trial versions only after that do you have to upgrade your account.

Xypher

Xypher is a free and paid cryptocurrency screening service provider. Sign-up takes only a few minutes.

After signing up, you have to connect your telegram account in order to use the platform. Without connecting to a telegram account you can’t proceed.

Available cryptocurrency exchanges are Binance, Bittrex, FTX, Kucoin, Poloniex, Okex, BitMax, Bitfinex, and  Huobi Global.

Not only that you can also go for individual exchanges where you can find available opportunities that are available on a specific exchange.

If you want to know more about the platform then read their documentation here.

The data they provide is not 100% accurate but still, you can manage to find great deals with 90% accuracy.

KoinKnight

Looking for a simple crypto arbitrage scanner? KoinKnight is your answer.

KoinKnight is the Google for arbitrage traders, as per their website it is an arbitrage search engine that allows its users to make quick decisions and make huge profits without taking much risk.

It is automated price tracking and showing a profit by using exchanges API. The prices provided are for real-time and they can change anytime if you want to make a profit then do check prices on exchanges as well.

It supports more than 30 exchanges including major cryptocurrency exchanges for example Binance, Gate.io, HitBTC, WazirX, Bittrex, BitBNS, and many more.

KoinKnight is not free but you can try them for a few days free, their minimum plan starts at $15/10 days or you can choose any other plan and can pay using Paypal or Stripe.

The data they provide claims to be for real-time and it seems to be. Want to know more about KoinKnight? Click here to read the review.

Coygo

Coygo provides a suite of professional tools for digital asset traders. Whether you’re assessing market data and day trading Bitcoin at home, running automated crypto trading bots, or tracking your portfolio and viewing real-time charts on the go, Coygo offers everything you need to stay up to date and gain an advantage over the competition. All major exchanges are supported, including Coinbase, Coinbase Pro, Poloniex, Binance, Kraken, Bittrex, Gemini, Bitfinex, bitFlyer, Bitstamp, and KuCoin.

They have a mobile app and a desktop app that can be downloaded from their website.

I don’t like them because there is no free trial or demo, as in order to test them you have to purchase a plan of at least $1 using Stripe.

Also Read: Best Cryptocurrency Arbitrage Platforms

Also Read: Best Litecoin Paper Wallet Generators

CoinGapp – Arbitrage Crypto Scanner

CoinGapp has a very attractive and simple UI/UX. The app can be used on Android and iOS devices. You can use their filter option to choose your coin, exchange, and change volume-based coins.

The app is very good but it is not updated since 2019 hence it has added many un-operating exchanges and coins.

Exchanges

Exchanges are free crypto arbitrage scanners.

No there is no arbitrage scanner name with Exchanges. I am talking about cryptocurrency exchanges.

Update: Pionex Exchange has an inbuilt Arbitrage Bot.

Yes, you have to manually visit each exchange and check the rate of the coin that you want to exchange. It is really hard to find the best opportunities but it can be worth it. It just depends on you how much hard work you do.

Open Source Binance Arbitrage Scanner

This triangular finance arbitrage scanner is built by eugenioclrc. The tool will show you the list of the latest opportunities and it updates every millisecond. Triangular Finance is crypto arbitrage scanner free.

0 comment
Beginner’s GuideCryptocurrencyTrading

KoinKnight Reviews 2024: Simple Way To Arbitrage Cryptocurrencies

by cryptocreed
written by cryptocreed

If you are a trader or planning to start trading then you should use arbitrage trading instead of simple trading. Let’s understand more about KoinKnight in this Koinknight reviews article.

Arbitrage is the process of buying and selling the same coin at different rates on different exchanges.

For example, you purchased BTC at the rate of $100 from Binance and sold that BTC for $115 at Kucoin. This whole process is known as arbitrage.

But arbitrage is not as simple as it looks, prices are changing simultaneously, and tracking it is not easy. Hence there are tools like KoinKnight that help you to understand where to buy and where to sell.

Also, check out the article on the list of arbitrage platforms.

Let’s start our KoinKnight review.

Join Binance & Kucoin using the following link to save a 40% trading Fee.

https://www.kucoin.com/#/?r=E59Pqv

https://www.binance.com/?ref=11271138

What is KoinKnight?

KoinKnight is the Google for arbitrage traders, as per their website it is an arbitrage search engine that allows its users to make quick decisions and make huge profits without taking much risk.

It has headquarters in India, The mentioned office address is as follows “501, Keshav Residency, Brahman Sabha Marg, Malad West, Mumbai, Maharashtra 400064” and the phone number is +91 750-7815-774.

It is automated price tracking and showing a profit by using exchanges API. The prices provided are for real-time and they can change anytime if you want to make a profit then do check prices on exchanges as well.

Exchanges Supported By KnoinKnight

It supports more than 30 exchanges including major cryptocurrency exchanges like Binance, Gate.io, HitBTC, WazirX, Bittrex, BitBNS, and many more.

But things to remember here is that not all supported exchanges are active, they have listed some inactive exchanges too in their list, but not to worry as they will not appear on your trading list.

KoinKnight Arbitrage Features

Arbitrage:- The main feature is arbitrage which we all know. You can find arbitrage opportunities for different coins and exchanges.

Set Alerts:- Users can set alerts for specific coins and exchanges. You will get notified of each activity for the selected coin.

Orderbook Comparison:- You can compare the prices from the order book itself.

Downloadable Reports:- You can download arbitrage and analytics data from the platform. And you can check if you want to utilize it or not.

Referral Earning:- They have an attractive referral commission program. You can earn up to 20% of the referral commission.

Arbitrage API

Using KoinKnight API is easier than ever.

Want to do arbitrage trading on your app or web or want to integrate arbitrage features on your app then you should use their API for sure.

API might not be available for free as they didn’t mention anything about its price. You have to contact them by sending a message to get access to Koinknight API.

Open Your Account

You can either create an account by purchasing their 10-day, 30-day, or 90-day plan. If you just want to test their platform then you can do it by just registering on their website.

KoinKnight Is Legit Or Scam?

This is a common question that arises with every platform if it legit or a scam? Some claim that the KoinKnight scam. It is 100% legit and common with an official office location where anyone can go and meet them.

They are also very active on their social media where they try to provide help as well, till now most customers are satisfied with their software or platform.

According to public reviews, the platform is very trusted. It has a rating of 4.6 out of 5 from 18 reviews from Google.

KoinKnight Alternatives

There are a few more KoinKnight alternative that you can use instead of Koinknight. Following are the best and most trusted arbitrage opportunities and platforms.

  • BitsGap:-  It is a crypto arbitrage bot that allows you to do trading and arbitrage trading within a single platform.  They show you the latest crypto arbitrage opportunities.
  • HaasBot:- It is a part of the HaasOnline which is an advanced crypto trading platform. You can start using their platform as low as 0.006 BTC for 3 months and 0.039 BTC for 9 months with all features.

Want to check out the list of best cryptocurrency arbitrage platforms? Check out this article.

0 comment
Cryptocurrency Arbitrage Platform To Make Profit
Beginner’s GuideTrading

Top 5 Cryptocurrency Arbitrage Platform To Find Arbitrage Opportunities

by cryptocreed
written by cryptocreed

If you are aware of cryptocurrency arbitrage then you know how much profitable it is.  We can also call them the short-selling trading method.

Bitcoin arbitrage or crypto arbitrage is the simple process of buying and selling cryptocurrency, from a low rate to a high rate. You buy crypto coins from one exchange at low rates and sell them to another for high rates.

It is nothing much different than trading but what actual users have to look for prices on different cryptocurrency exchanges.

There are already more than 100 trusted and active cryptocurrency exchanges where you can start according to your location and preference.

Join Binance & Kucoin using the following link to save a 40% trading Fee.

https://www.kucoin.com/#/?r=E59Pqv

https://www.binance.com/?ref=11271138

What Is Cryptocurrency Arbitrage?

or What is cryptocurrency arbitrage software?

Before knowing cryptocurrency arbitrage platforms let’s understand what is cryptocurrency arbitrage first. Here when we say cryptocurrency then we consider each and every digital coin including stable coins.

When someone buys any digital currency at a low rate from one exchange and sells it to another exchange and makes a profit out of that exchange is the process of cryptocurrency arbitrage.

Cryptocurrency arbitrage includes a bitcoin arbitrage platform and other altcoins too.

How Do Cryptocurrency and Bitcoin Arbitrage Work?

It is as easy as you dance. You do dance whether you know how to or not and in the end you did dance. The same is here, you can try to do arbitrage whether it is successful or not.

Assume, you checked the price of Bitcoin on Kucoin and Binance and you found that there is a gap between prices. BTC’s price on Binance is $30000 and $30300 on Kucoin.

So, You purchased 1 Bitcoin at Binance for $30,000.

Now the price of each Bitcoin on Kucoin is $30,300. So, you sold 1 Bitcoin at Kucoin for $30,300.

On Binance you had BTC worth $30000 and now you have $30,300.

But now you have to add the fees too.  The transfer fee, Trading fee, and Withdrawal fee (in case you want).

Assume you paid $20 as a transfer fee at Binance and paid out $10 as a trading fee.

Let’s calculate them now;

Price difference: 33,300-30,000= $300

Fees: 300-20-10= $270

Your total profit is $270 from 1 Bitcoin.

Best Cryptocurrency Arbitrage Platform

KoinKnight

KoinKnight is one of the most active and trusted cryptocurrency arbitrage trading platforms. They provide arbitrage opportunities for 20+ cryptocurrency exchanges. it is the best crypto arbitrage website.

The major exchanges they have are Binance, Gate, BitBNS, CEX, Bittrex, and many more.

You can try them for free but to use them daily you have to spend some money to purchase an upgraded version. They have three plans according to timespan: 10 days, 30 days, and 90 days.

Features:

  • Real-time data
  • Arbitrage time
  • Set alerts
  • Set investment limit
  • Real-time notification
  • Trading volume
  • Live to track arbitrage

BitsGap

BitsGap is one of the best crypto arbitrage bots that allows you to do trading and arbitrage trading within a single platform. They show you the latest crypto arbitrage opportunities.

Also Read: Best Litecoin Paper Wallet Generator

Also Read: Best Cardano Paper Wallet Generator

Arbitrage is not free they have three different plans. The major changes in plans are the number of BOTs allowed and the monthly trading limit, which you can find below.

bitsgap arbitrage price

But trading is free for a trial. In the trial, you can trade for up to $1K with limited access to the platform. This can be the best crypto arbitrage platform for trial lovers.

To use their platform you need to create an account on exchanges and connect it with the BitsGap platform. You can find API in your account easily which you have to submit to BitsGap to access their platform.

BitsGap is one of the best places to find crypto arbitrage opportunities.

Note: Sharing APIs with someone gives them access to your account.

HaasBot

Automated Bitcoin Trading Bot SoftwareHaasBot is part of the HaasOnline which is an advanced crypto trading platform. You can start using their platform as low as 0.006 BTC for 3 months and 0.039 BTC for 9 months with all features.

HaasBot can be your best Bitsgap alternative.

HaasBot was launched in the year 2014 by Stephan de Haas. Since then they have worked smoothly and actively. It is the best crypto arbitrage software I have ever seen.

They are working with big exchanges like Binance, Bitfinex, BitMEX, Coinbase Pro, Gemini, Huobi, Kraken, Kucoin, and others.

Blackbird Bitcoin Arbitrage

Blackbird is a cryptocurrency arbitrage software that you need to run on your own. It is a C++ trading system that does automatic long/short arbitrage between Bitcoin exchanges.

You can download the file of the codes from GitHub here https://github.com/butor/blackbird. The code helps you to use the following major cryptocurrency exchanges Bitfinex, Exmo, Kraken, OKCoin, Bitstamp, and Gemini.

Pros

  • Huge profit
  • Lots of cryptocurrency to do arbitrage
  • Easy to start

Cons

  • Lots of fees for trading, withdrawal, and deposit
  • Price fluctuates anytime
  • Verification required
  • Deposit and withdrawal make time and in between prices can change immediately

3Commas (Trusted

3Commas

3Commas supports more than 27 exchanges including Binance and FTX. You can try them for free or can upgrade for a minimum of $14 to $49 per month.

It was founded in the year 2017 and currently has more than 220K registered users. You can find their office in Laeva 2, Tallinn, Estonia, 10111.

Other Cryptocurrency Arbitrage Websites

Following are other trusted cryptocurrency arbitrage websites that you may like to try out for sure.

Quadency

Quadency is one of the platforms where you can create your own custom trading bot or can choose one from available.

You can use them for free or upgrade to an unlimited plan for $99.00 per month.

Note: They have a running offer where you can use their pro plan for free.

TradeSanta – Best Bitcoin Arbitrage Software

TradeSanta supports 8 cryptocurrency exchanges. It is a cloud cryptocurrency trading software that lets you take advantage of crypto market fluctuations. Connect TradeSanta to your exchange and trade 24/7 without making it a full-time job.

They have more than 105K active users and 1869 active trading bots.

You can use either their free trial version or can upgrade for $14 to $30 each month. You can also use their mobile app which is available for Android and iOS.

What Is The Best Alternative For Cryptocurrency Arbitrage?

Those who have less knowledge and fewer funds can do short selling. Like if you have a budget of $100 then buy any coin that has a price below $0.20 and sell it when the price goes up.

For example, you purchased an ORO token at $0.10 instantly and put it for sale at $0.13. If you have invested $100 in this method then you will get 1000 ORO tokens at the rate of $0.10 and when you sell them for $0.13 then you are making a profit of $30 directly.

Here you save the withdrawal fee and deposit fee as you have to do all this trading on the same platform. Better than any Cryptocurrency Arbitrage Platform and finding crypto arbitrage opportunities.

0 comment
Beginner’s GuideCryptocurrencyReviews

Monero Review: How To Buy, Price, Arbitrage, and Wallet

by cryptocreed
written by cryptocreed

When we talk about cryptocurrency, Bitcoin comes to our mind because it is the first, most used, and most famous coin. The main concept of cryptocurrencies was decentralization, transparency & privacy. Every coin comes with its own unique feature and uses cases. No doubt Bitcoin is the most used coin but here Monero wins the race in privacy.

In this Monero review, we will take a deep dive into the Monero coin.

What Is Monero Coin?

The Monero is formerly known as BitMonero which was first introduced in April 2014 by BitcoinTalk user thankful_for_today, It was the fork of Bytecoin (which uses CryptoNote technology). But some controversial changes were planned to implement which the community doesn’t like.

You can read all the original posts on the forum. After that core team did a fork and implemented community-guided changes.

Most coins do some pre-mine or instamine but Monero coins didn’t mine any coin and did not allocate any coin to the dev.

Features of Monero Coin

Monero is known for its privacy. It is a Secure, Decentralized, and Private. Here are the main features of Monero cryptocurrency.

Privacy

The monero mainly focuses on its privacy. With other normal cryptocurrencies like Bitcoin, anyone can track the transaction and can find out the real sender or receiver but this is not the case with the Monero.

Are monero transactions traceable? If we believe in some reports and authorities then yes, they found out the method to track XMR transactions. I will explain this to you that later in this article.

Coin using RingCT, which was first introduced in the year 2017 in block no. 1220516. RingCT is the upgraded version of Ring Signature.

Ring signature allows us to hide the transaction and that makes it untraceable. Check the below image to understand how it works.

RingCT monero

Stealth Address makes privacy 100% secure. The stealth address allows the sender and receiver to keep transaction details between them.

Monero wallet lets the user create a new and one-time usable XMR address through which he or she can receive XMR. Hence it is one-time use only and has no footprints it is almost not impossible to track any activities done on that.

RingCT and Stealth Address makes possible the part of the hiding profile of the sender and receiver.

Proof Of Work (PoW)

With Bitcoin, it is not profitable to mine BTC using CPU and it is only profitable using GPU which requires a huge amount of expenses, it means only those people can mine BTC who has a huge amount of money in their pocket.

Monero is different, it is based on RandomX which is useful for CPU mining.

Block Size

Another unique thing is Monero doesn’t have a fixed block size. So there will be no maximum block size and each block will be created every 2 minutes.

Is Monero Traceable?

Till mid-2020 it was not traceable, but in mid-2020, CipherTrace introduced Monero or XMR tracing tool for US regulators.

“CipherTrace delivers Monero tracing tools to the U.S. Department of Homeland Security to support investigations of crimes.”

So now can monero be traced? If we follow CipherTrace then yes it is traceable but the Monero team didn’t say anything about this yet. So saying most untraceable cryptocurrency, for now, is Ok till the team does not disclose anything further.

XMR Monero Price

At the time of writing, this article’s price of monero coin is $112 per XMR coin. If you check XMR price chart, the ATH of XMR was $495.84 on 7th Jan 2018 and the ATL Monero XMR price was $0.212967 on 14th Jan 2015.

Will Monero Price Rise

According to history and the project team, it is highly possible that the price will rise. The above price prediction tool can help you to understand if the price will rise or not.

Monero Price Prediction

Predicting the price of any cryptocurrency is very tough because many things are there that matter like projects, teams, markets, and others.

It is estimated that the price of XMR in 2025 will be $1200 and it was predicted that the price of Monero coin in 2020 should be $150 to $200 and it is around that.

Monero ROI

If you have invested in XMR in their launch, you should get 4,443.23% now.

Best Monero Wallet

I suggest using hardware wallets for better security. For daily security, you can use a desktop or mobile wallet. Never ever use exchanges to store your coins because they can get hacked and you might lose your coin.

Ledger S is the recommended hardware wallet. MyMonero is best for desktops.

How To Buy Monero And Where To Buy Monero?

To buy XMR you need to have access to a cryptocurrency exchange, it is trading on almost all high and known crypto exchanges. But the problem is that there are some exchanges that don’t like to add XMR coins to their exchange because of their privacy.

Currently, it is trading on more than 60 crypto exchanges. You can buy Monero from Binance, OKEx, or HitBTC.

There are many other exchanges where you can purchase XMR but I recommend the above one only because they are highly trusted and safe.

Buying Monero is not hard, you can just create an account on any exchange and purchase it. You can also buy Monero with a Credit Card.

Why is Monero not on Coinbase? Coinbase works with regulators and Monero is such a coin that is not traceable hence they didn’t list it.

Monero Crypto Arbitrage

If you are planning to do arbitrage trading for XMR then I suggest using KoinKnight. They do support more than 30 exchanges.

How Monero Mining Works

To mine Monero you need to have a CPU or your own Monero Mining Rig. Which you can get from Amazon or from any other online seller, or else you can build your own by purchasing its parts.

Which Monero pool to use? You can use either NanoPool, MineXMR, or any other XMR pool. They all are the best and most trusted.

How much Monero can I mine per day? It depends on the device you are using GPU can mine more XMR than CPU.

Can Monero be mined with GPU? Yes, it is possible to mine it with GPU plus with CPU.

Monero Team

According to their official website, only two team members revealed their faces and the other five decided to remain anonymous. There is a total of seven main developers and other developers who helped to improve the coin.

Some rumors say that Satoshi Nakamoto is behind the Monero coin, who knows?

Frequently Asked Question

Can Monero Scale?

Using RingCT makes it less scalable than Bitcoin and any other cryptocurrency.

When Is Monero Fork?

The fork was planned for October (according to the community) but later it was canceled.

Will monero replace bitcoin?

No, it can’t replace BTC. Both coins are different. You can’t purchase things using XMR but you can do that with BTC. So Monero can’t overtake bitcoin.

How I can get free monero

There are some faucets through which you can get free XMR, one of the known faucets is earncrypto.

0 comment
Press Release

Boost Your Crypto Trading Game and Grow Passive Income With ValueZone

by cryptocreed
written by cryptocreed

In the ever-evolving world of cryptocurrencies, the concept of cryptocurrency trading bots has attracted a lot of attention. Cryptocurrency trading robots can automatically sell high and sell low across different exchanges through various trading strategies, achieving passive income for users.

Step-by-Step Tutorial: How to Earn Passive Income with ValueZone

  1. Navigating to the Plan Section: You can see a list of various trading strategies here. You can see a list of various trading strategies here. The profits brought by each trading robot strategy are different.
  2. Choose a trading robot strategy: New users can earn profits by purchasing free robots.
  1. Participate in the purchase: After you successfully register on ValueZone, you can participate in the purchase of the robot strategy you want to choose to help you earn passive income.

Here’s a breakdown of the subscription plans

  1. AI Crypto Bot Free Experience: AI Crypto bot free experience is priced at $50 per unit with one plan day duration, this plan is ideal for beginners. You can earn $1 daily and $1 profit as well and you will get a payout after 24 hours. Note there is no referral award in this plan. 
  2. AI High-Frequency Trading Strategies: AI High-Frequency Trading Strategies are priced at $100 per unit, this plan suits experienced traders. It has  2-day duration period with a $2 daily profit. The total profit you can earn will be $4. There is no referral award in this plan as well and same as first you will get a payout after 24 hours.
  3. AI Statistical Arbitrage Strategies: The AI Statistical Arbitrage Strategies plan is priced at $500 per unit price with a 3-day plan duration. You will get a $5.50 daily profit and a $16.50 total profit. You will get $5 at level 1 and $2 at level 1 as a referral award in this plan and get a payout after 24 hours like all plans. 
  4. AI Cross Market Arbitrage Strategy: The AI Cross Market Arbitrage Strategy plan is priced at $1500 per unit price with a 7-day plan duration. You will get an $18 daily profit and a $126 total profit. You will get $18 and $6 at level 1 and level 2 as referral awards in this plan and get a payout after 24 hours daily.
  5. AI Short-Term CTA Strategy: The AI Short-Term CTA Strategy plan priced at $3000 per unit price with 10 days plan duration. You will get a $39 daily profit and a $390 total profit. You will get $48 at level 1 and $15 at level 2 as a referral award in this plan and get a payout after 24 hours daily.
  6. AI Short-Term Alpha Strategy: The AI Short-Term Alpha Strategy plan is priced at $5000 per unit price with 15 15-day plan duration. You will get a $70 daily profit and a $1050 total profit. You will get $100 and $33 at levels 1 and 2 respectively as referral awards in this plan and get a payout after 24 hours daily.
  7. AI Trend Following Strategy: The AI Trend Following Strategy plan is priced at $8000 per unit price with 15-day plan duration. You will get a $120 daily profit and a $1800 total profit. You will get $176 for level 1 and $56 for level 2 as a referral award in this plan and after 24 hours you will get a payout.
  8. AI Quantitative Hedging Strategy: AI Quantitative Hedging Strategy plan priced at $15000 per unit price with 25 days plan duration. You will get $240 daily profit and $6000 total profit. You will get $360 and $120 at level 1 and level 2 respectively referral awards in this plan and get your payout.
  9. AI Dynamic Portfolio Strategy: The AI Dynamic Portfolio Strategy plan is priced at $23,000 per unit price with a 25-day plan duration. You will get a $391 daily profit and a $9775 total profit. You will get $598 at level 1 and a $207 level 2 referral award in this plan and get your payout daily.
  10. AI Capital Weighted Portfolio Strategy: The AI Capital Weighted Portfolio Strategy plan is priced at $35,000 per unit price with a 30-day plan duration. You will get $630 daily profit and $18,900 total profit. You will get $980 at level 1 and $350 at level 2 as a referral award in this plan and get your payout after every 24 hours.
  11. AI Momentum Investment Strategy: The AI Momentum Investment Strategy plan is priced at $50,000 per unit price with a 30-day plan duration. You will get a $950 daily profit and a $28,500 total profit. You will get a $1600 referral award at level 1 and $650 at level 2  in this plan and get your payout every 24 hours.
  12.  AI Growth Investment Strategy: The AI Growth Investment Strategy plan is priced at $100,000 per unit price with a 45-day plan duration. You will get a $2000 daily profit and a $90,000 total profit. You will get a $3500 referral award at level 1 and $1500 at level 2 in this plan and get your payout every 24 hours. 

Payment methods accepted by ValueZone include cryptocurrencies such as Bitcoin, Ethereum, TRX, USDT, and USDC.

Pros of ValueZone Trading Platform

  1. Sign up and get $50 welcome bonus
  2. User-friendly interface for easy navigation
  3. Extensive list of exchanges supported for seamless integration
  4. Popular features like SmartTrade, crypto bots, and copy trading offer added convenience
  5. Cloud-based software accessible from anywhere for flexibility

Conclusion

 ValueZone provides a wide range of automated trading tools and bots, along with advanced settings for manual traders. The team’s goal was to create tools that help traders reduce risks and increase profits. Recent security issues have raised concerns about ValueZone’s reputation, leading crypto traders to explore other options.

This review of ValueZone also mentioned its pricing and subscription plans, which are tailored to suit various trading levels and expertise. Users can choose the option that aligns with their trading style and goals.

For more information: pls click www.ValueZone.ai

0 comment
MiningMining Pool

Best Monero Mining Pool: Profitable XMR Pools In 2024

by cryptocreed
written by cryptocreed

We all know what is Monero and its features. If you don’t know about Monero coin then you are wasting your time as a miner. But if you want to know more about Monero and their journey then you can read this article on What Is Monero.

To mine any coin you need to know the profitability of the mining of the coin. Many factors affect this and one of those reasons are Mining Pool. If you choose the best Monero mining pool to start Monero Mining then you might get benefit from it.

In this article, we are going to check the list of the best and most highly profitable Monero pools.

Which Is The Best Way To Mine Monero? Solo or Pool?

If you are planning to use a mining pool then you must have an idea of which type of mining is best, Solo or Pool?

Solo Monero mining,  is appreciated by the Monero team as they claim that it makes the network more secure. There is no need to use third-party software. You will get paid directly to your Monero wallet. But finding blocks in Solo mining is a bit hard or slow. Hence SOLO mining is suggested for big miners.

Pool Monero Mining is made for every type of miners like small miners or big ones. The pool allows you to ger coined mine more speedily. You have a chance to get a block reward. You have to pay fees to mining pool operators.

10 Best Monero Mining Pool

Now if you have decided to miner XMR through Pool then let’s have a look at the list of best Monero Pools. We picked these pools after checking every possible detail about them like fees, trust or scams, payouts, activeness, and much more.

P2Pool

What can be better than mining Monero in Pool without paying pool fees?

P2Pool is the only decentralized mining pool for Monero mining which gives control of the pool to the users. The negative point here is that you need to have some technical knowledge to run the pool.

To know more details about this pool you can visit their announcement page or website.

Currently, they have more than 450 active miners. The pool hash rate is 146 MH/s while the network hash rate is 2353 MH/s

Payment methods: PPLNS
Fees: 0.00%
Minimum Withdrawal: 0.0004 XMR
Website: Visit Here

SupportXMR (best xmr pool)

SupportXMR is one of the most active mining pools for XMR along with that it is also one of the simplest mining pools I have ever seen.

It almost covers 20 to 25% of miners, yes you heard right around 25% of miners are using them to mine XMR. As the name already suggests you can mine Monero only.

There are more than 6000 miners who are using this pool with a pool hash rate of around 442 MH/s. To date, more than 66K miners or addresses used to mine using this pool.

Payment methods: PPLNS
Fees: 0.6%
Minimum Withdrawal: 0.10 XMR
Website: Visit Here

NanoPool

NanoPool is the number 1 mining pool for Monero miners as almost 40% of miners do use this pool for mining XMR coins. As of now, they have around 2360 miners and 12000 workers mining Monero coins.

On average 210 blocks are found in this pool. On Nanopool you can mine other coins as well like Conflux, Kaspa, Raven, Ergo, Ironfish, Zcash, ETC, and Ethereum Pow.

The servers are available in these regions USA, Europe, Japan, Australia, and Asia. The current mining pool hash rate is around 664 KH/s.

If you want to mine Monero for the long term then you can use them as they offer good customer support and interface.

Payment methods: PPLNS
Fees: 1.00%
Minimum Withdrawal: 1 XMR
Website: Visit Here

MoneroHash

MoneroHash was launched in 2014 based in the USA. In the starting days it was the only most widely used and popular Monero pool used by miners but as competition increased their demand decreased still, they are one of the most trusted XMR pools.

The use of this pool might be higher but due to their high fee and not up-to-mark support, users moved from here. It doesn’t mean that this pool is bad at all.

The website claims that smaller pools are more profitable for individuals and the website seems well maintained while the pool never went away hence it is worth trying.

With MoneroHash you can directly withdraw your coins to any supported exchange wallet which saves your transfer fee.

The pool hash rate is 7.17 MH/s with 220 plus miners.

Payment methods: PPLNS
Fees: 1.6%
Minimum Withdrawal: 0.10 XMR
Website: Visit Here

2Miners

2Miners was founded in 2017 with some coins later expanded and currently support all major coins, you can mind more than 20 coins with ASIC, GPU, or CPU.

They provide the best customer support and they have a telegram group as well where you can ask your query and your fellow miners may help you there.

As of now, there are more than 2640 miners and more than 10950 workers mining on this pool. The current pool hash rate is 135.38 MH/s with 89% luck.

Payment methods: PPLNS & SOLO
Fees: 1.0% PPLNS and 1.5% SOLO
Minimum Withdrawal: 0.01 XMR
Website: Visit Here

HashVault

HashVault was launched in the year 2017 and now more than 10 coins supporting here. You can find such coins which are not even listed on other mining pools.

Available coins to mine are Monero, Zephyr, Aeon, Haven, Lethean, Sumkoin, Masari, BiTuveCash, Conceal, Swap, and KevaCoin.

They cover 350 MH/s hash rate of the total Monero mining pool hash rate. They have more than 2600 active miners.

Payment methods: PPLNS & SOLO
Fees: 0.90% on both pools
Minimum Withdrawal: 0.001 XMR
Website: Visit Here

HeroMiners

HeroMiners started their pool with coin QRL and currently supports more than 15 coins including Monero, Beam, Kaspa, ETC, IronFish, EthW, Ergo, and some other altcoins.

More than 350 miners with 850+ workers mining XMR on this pool. The pool mining hash rate is 157 MH/s while the Solo mining hash rate is 356 KH/s. Most of the miners are mining in pool 350 mining in the pool while only 10 miners mining SOLO.

The previous block was founded 11 minutes ago in Pool and in Solo the last block was founded 24 hours ago.

They have servers in regions like Germany, Finland, Russia, Canada, USA, Brazil, Hong Kong, South Korea, India, Singapore, Turkey, and Australia.

Payment methods: PRP & SOLO
Fees: 0.90% on both pools
Minimum Withdrawal: 0.001 XMR
Website: Visit Here

Some Other Monero Pools

Following are other XMR pools that you can start using to mine Monero coins now.

0 comment
Newer Posts
Older Posts