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ビットコインとシステムトレード (Bitcoin & Automated Algorithmic Trading)

ビットコインの自動売買システム構築とトレード実践結果 (Automatic Bitcoin Trading System Implementation and Trading Result)

Quoine, BtcBox, coincheck, zaif, そしてbitFlyer その2 - The latest situation of Japanese Bitcoin exchange competition Part 2

f:id:deshita:20170304180508j:plain

以前にエントリを書いてから状況が変わってきたので、その2として書きます。

主観がかなり入っております。

bitcoin-system-trading.hatenablog.com

2月・3月は出来高に関して下記のような構図が続くと思われます。

bitFlyer >>> Quoine > coincheck = zaif >>> BTCBOX >>> Kraken

1ヶ月の間に構図が大きく変わってきて、現時点ではこのような感じかと。

Quoine = coincheck = zaif > bitFlyer >>> BtcBox >>> Kraken

  • bitFlyerはFX部分で解決すべき問題があるはずで、FXはここでは考慮から除外。
  • Quoineは恒常的に割安だったことが多く、そこがトレーダーの不安を掻き立てていた部分があったかと。最近は落ち着いてきて、不安が払拭されつつある(はず)。トレード画面の使い勝手は良いが、痒いところに手が届いていない印象。
  • coincheckは読みどおり躍進。地道な改良を積み重ねて攻めモード。
  • zaifは正直どの部分が支持されているのか、まだあまりわかっていません。。
  • BtcBox/Krakenは今後の取引所競争に勝ち抜いていくにはもう厳しいのではないか(撤退もありえる?)

また、海外に目を向けるとCNY圏崩壊後、価格について下記のような構図が続いている模様。Fiatからの両替・送金手数料・所要日数を考えると効果的な裁定取引ができるのかは未知。ここはもう少し検証を続けていきたいところです。

KRW > JPY > USD = EUR > CNY

As the situation in JP Bitcoin market has been changed since I wrote my previous entry , I wrote this part 2 post. My forecast was that in February and March it seemed that the following volume-share composition would continue.

BitFlyer >>> Quoine > coincheck = zaif >>> BTCBOX >>> Kraken

However, it has changed significantly just in one month, and at this time it looks like this.

Quoine = coincheck = zaif > bitFlyer >>> BtcBox >>> Kraken

  • Since bitFlyer seems to have problems to be solved in the FX part, FX is excluded from consideration here.
  • Quoine's price was often cheap on a permanent basis, and there was a part that was stirring up traders' anxiety. Recently it has calmed down, anxiety is being dispelled (should be). Usability of the trade screen is good, but my impression that hands have not reached the itchy place.
  • Coincheck has increased its presence as I expected. Steady improvements are accumulated and they are in attacking mode.
  • Honestly speaking about Zaif, I am not sure what part is supported by traders..
  • Is not BtcBox / Kraken severe enough to win exchange competition. (I think there is a possiblity of exit from JP market)

Also, looking overseas, after the collapse of the CNY zone, it seems that the following price composition is continuing. It is unsure whether effective arbitrage transaction can be done considering deposit from fiat, overseas remmittance fee, and the required number of days for overseas remittance. This is the topic I want to continue verifying more.

KRW > JPY > USD = EUR > CNY