Algorithmic intra-exchange arbitrage on Binance is effective and safe with the help of the screener-scanner of bundles and spreads for arbitrage cryptocurrencies OpexFlow. In this article, we will talk about cryptocurrency arbitrage on the Binance exchange, how to make money on arbitrage on the Binance platform using the OpexFlow service, created for algorithmic arbitrage and algorithmic trading , that is, trading transactions using bots created on the basis of this service. The service is still under development and beta testing. But in the very near future, it can be used to arbitrage on Binance and other platforms.
OpexFlow as an arbitrage tool within the Binas platform
The buttons “Login” and “Register” are traditionally placed in the upper right corner. On the registration tab that opens, you must first check the box as a sign of agreement with the user agreement, only after that the data entry lines are activated. When entering a phone number, confirmation is not required. Perhaps this is just for now.
Screener
In order to earn money on Binance cryptocurrency arbitrage, you must first monitor cryptocurrency pairs, that is, calculate the difference between cryptocurrency rates, while taking into account the amount of the commission that you have to pay for transactions. The “Arbitrage” tab contains a screener with assets, and examples of buying and selling. He, like a sieve, weeds out all unsuitable bundles and puts forward the most profitable ones to the top positions. In real time, it tells arbitrageurs the most profitable spreads and bundles.
Bots
A bot or robot is software capable of performing trading operations with cryptocurrencies and other assets, including inter-exchange and intra-exchange cryptocurrency arbitrage on Binance and other exchanges. With the help of bots, you can copy the strategies of other users, create your own bots. Trading bots are irreplaceable in arbitration. Arbitrage using software tools is called algorithmic. Bots first need:
- Adjust according to the triangular (or more complex) arbitrage strategy.
- Connect via the API to Binance, specify the cryptocurrency pairs with which transactions are planned.
- Run.
The bot provides access to trading and withdrawal through the API, This simplifies and speeds up the process of depositing and withdrawing funds.
P2P
P2P transactions on the Binance peer-to-peer exchange are cryptocurrency transactions made between users, but protected by the exchange. Financial platforms that make P2P transactions are comparable to marketplaces where users themselves find partners, can trade, and influence prices. Some create ads, others find them and respond. This is how users interact with each other. If a user uses an arbitrage bot in P2P trading on Binance, then the bot finds users on the exchange who offer interesting transactions for their owner.
Demo version
In order for users to understand the benefits of a bot running on the service, and for those who have not yet subscribed, the opportunity is provided to compete with the robot, and for this a conditional 10 thousand dollars are given. The user is invited to conclude his own deal and observe how the robot works. Based on the results of these competitions, the user decides whether to subscribe or not. Not every competitor service can offer such a function. Most just sell robots and provide tools to customize them.
Subscription
On the “Tariffs” page, a future arbitrator can subscribe, thanks to which, for 350 rubles, he will receive trading robots for the exchange, as well as instructions on how to create such robots on his own, including a bot for cryptocurrency arbitrage on Binance. Creating your own robots is available only to people with programming skills. Here, beginners who do not have programming experience will receive instructions on how to start trading on the exchange and can purchase bots offered by the service.
From the developer: as part of the development of OpexFlow, the shortcomings of other competitor sites were studied for a long time in order to eliminate their miscalculations in their project. For example, there is no Russian language on Criptohopper. Russian dominates on OpexFlow. The limited functionality is currently being finalized, new features are being added. On Apitrade, users pay attention to a limited number of exchanges, depositing a large amount into the account. Almost all of the network’s link and spread screeners are not fast enough in inter-exchange arbitrage. OpexFlow also decided to take these problems into account so that the service would become one of the best.
Closed beta testing in progress
The service is not yet fully developed, but even the studied features as part of beta testing indicate that OpexFlow has a future. The service will allow you to trade not only within Binance, but also with other large and not very large exchanges, expanding a wide field for finding profitable deals, currency and cryptocurrency pairs for arbitrage on Binance. Register and apply. We will contact you when there are places available. OpexFlow is offered to work on it at the very beginning of its journey for a nominal fee and test its capabilities right now. Right now, the subscription price is lower than other services. As the platform is fine-tuned, the price will increase, but those who log in now and experience this service have a chance to keep today’s subscription price and other available privileges. It is extremely important for the creators of the crypto arbitrage platform on Binance and other exchanges to know your opinion about the service. And also everyone who is connected with trading and arbitrage trading is invited to leave feedback, tell us about what you use from the offer, or what you want to see on OpexFlow, so that programmers add new features that can make the platform a more functional and convenient tool for working .
