ArbitrageScanner – The Best Cryptocurrency Trading Bot. Review

Cryptocurrency arbitrage is a platform where users can earn money from the differences in rates of the coins existing in their wallets. The crypto market is complex with constantly fluctuating prices, exceeding human capacity for perfect prediction. Crypto arbitrage scanners can help traders follow prices and make profits based on real-time price movements. By adding ArbitrageScanner.io, the trader can breathe easy without worrying about the trading process.

Types of Arbitrage

Arbitrage comes in several types, each suitable for different trading strategies:

• Inter-Exchange Arbitrage
• Market Neutral Arbitrage
• Intra-Exchange Arbitrage

Arbitrage between exchanges compares the values of cryptocurrencies on different platforms to identify price discrepancies. In case of a difference, one buys the cheaper crypto on one exchange, transfers it, and then sells it on another.

Intra-exchange arbitrage involves executing a series of transactions starting and ending with a particular currency, but finishing with more of that initial currency. A bot can execute these opportunities after identifying price disparities using the Bellman-Ford algorithm.

Features of ArbitrageScanner

ArbitrageScanner supports over 60 CEX and DEX and more than 40 blockchains. For example, blockchains like Litecoin or Ripple are traded during sharp rises or falls to capture good spreads. The user can add any coin on the exchange that can be followed for differences when the market fluctuates, by connecting their cloud to the scanner in less than a minute.

I find it particularly interesting that it is a manual bot – we don't need to connect our wallets or risk our funds. This is rare in this sector where most tools want to access our assets.

Advantages of ArbitrageScanner

The gains from a well-executed Arbitrage can be considered risk-free since the buying and selling prices are known in advance. ArbitrageScanner does not handle client money and does not connect to APIs via exchange balances. It is an automated bot that operates solely in the cloud, ensuring the security of funds.

Moreover, ArbitrageScanner is the only scanner that follows the gaps between different blockchains (Ethereum, BNB Chain, Polygon, Optimism, etc.) and the only one that monitors the lifetimes of blockchains, the corresponding networks, and the withdrawal capacities of coins.

Arbitrage in DEX Exchanges and Blockchains

The Arbitrum network is gaining popularity in DEX exchanges and blockchains. For DEX exchanges, the token is purchased and the user can choose to keep it in their wallet. The bot can automate the follow of price movements, providing fluctuation notifications within minutes. Notifications can be configured based on trading volumes.

Arbitrage between major networks is possible if the user decides to perform arbitrage between blockchains and DEX. Some major networks like Ethereum and Gnosis are not regularly followed by traders. Unlike other bots limited to 10-40 exchanges, ArbitrageScanner can monitor more than 50 exchanges in real-time.

Additional Features

ArbitrageScanner offers additional features:

• Connect with any exchange, even DEX
• Easy follow of price differences by connecting CEX to DEX, CEX to CEX, or DEX to DEX
• Transaction notifications every 4 seconds
• A screener that searches for profits between exchanges
• ArbitrageScanner Wallets to search and analyze wallets in bulk
• Personal mentor for Expert and higher plans
• Free training and access to a closed community

The project also offers a profitable affiliate program where you can earn 50% on each sale.

ArbitrageScanner Wallets – Portfolio Analysis Tools

ArbitrageScanner Wallets is a new tool that allows users to search and analyze wallets across different blockchains. You can find the wallet of a market insider, a top trader, and study their investment strategies. With the AI-powered portfolio analysis tool, the user can see each coin, all buying/selling activities, and follow them in real-time.

Personally, I find this feature a bit intrusive – following the wallets of other traders feels like financial spying, even though it is technically legal since blockchains are public.

Conclusion

ArbitrageScanner is the only ecosystem that creates tools to make money in the market – trading bots, blockchain analysis, and portfolio research/analysis. With ArbitrageScanner.io, your trading will certainly become more convenient and faster. A subscription to the service costs between $69 and $800, an investment that can be recouped after the first successful transaction.

However, as with any trading tool, it does not guarantee profits – it simply offers opportunities that you must exploit wisely.