What do you think is there possibility to write crypto bots using spread beetwen asks and bits? For example: buy currency X for 0.025BTC and then sell X for 0.026 BTC in the same exchanges. As a result we have 4% profit - 2*0.25% (exchanges fee) = 3.5%
closed as off-topic by pebwindkraft, chytrik, Andrew Chow♦ Mar 18 '18 at 21:42
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking help for restoring user accounts or other matters concerning your customer relationship with a company should be directed at the respective customer service. Please understand that we have no insights into such matters and therefore consider them as off-topic." – pebwindkraft, chytrik, Andrew Chow
You may rest assured that this is widely happening already, not just with Bitcoin and crypto-currencies, but with other currency markets and the stock exchange.