Hello, guys!
I am in the crypto industry relatively recently, it is interesting to know / understand how trading of crypto-currencies / tokens on different exchanges operates.
Wich problems and disadvantages do you encounter when trading with crypto currency?
What currency pairs do you use (more convenient and practical in terms of output / input to exchange)?
How much can you earn on arbitrage?
I will be grateful for the answers.
Arbitrage is just taking advantage of the difference in prices among different exchanges, that is all the issue is that arbitrage needs a accounts in all the important exchanges, you need the be verified to move a lot of money, you need a lot of money, and you need to act fast, arbitrage opportunities only last for a few minutes and as such you will need to be in front of the screen 24/7 to make any profit.
And you need to consider the percentage of commission that the exchange takes for its services. I tried to do this with one coin, but I did not succeed. I lost money