Activity of kelvinau/crypto-arbitrage repository

The kelvinau/crypto-arbitrage GitHub repository was created for the purpose of conducting cryptocurrency arbitrage. Arbitrage, in financial markets, is the practice of buying an asset at a low price in one market and selling it at a high price in another.

The repository contains Python-based code intended to analyze differences in cryptocurrency prices across different exchanges and identify potential opportunities for profitable arbitrage trading. The repository provides programmatic access to several well-known cryptocurrency exchanges, such as Bitfinex, Bittrex, Poloniex, OKCoin and others.

The author of repository has mentioned that the repository should be used for informational purposes rather than direct trading decisions. It also cautions users to take into consideration trading fees, API rate limits, the time it takes to transfer assets between exchanges, and other factors that can affect the profitability and viability of identified arbitrage opportunities.

Please note, engaging in arbitrage requires careful risk management and can result in financial loss, and it is vital to take this into account when making use of tools such as those provided in this repository.