Questions tagged [arbitrage bots]

BonsaiLife Sun Dec 08 2024 | 7 answers 1062

I'm curious about crypto arbitrage bots. I've heard they can automatically buy and sell cryptocurrencies on different exchanges to profit from price differences. But do these bots really work as promised?

Stefano Sun Jul 07 2024 | 5 answers 1426

With the rise of cryptocurrencies, many investors are turning to automated tools like crypto arbitrage bots to increase their profits. But are these bots truly a legitimate investment strategy, or are they just a scam? Crypto arbitrage bots are designed to identify and capitalize on price differences between various cryptocurrency exchanges, theoretically allowing investors to buy low and sell high with minimal effort. However, some critics argue that these bots are often ineffective, unreliable, or even fraudulent. Are investors really seeing the promised returns, or are they simply falling victim to a clever marketing scheme? Join us as we delve into the world of crypto arbitrage bots and explore whether they truly offer a viable investment opportunity or are simply a risky and potentially costly gamble.