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 an extremely profitable trading method but it is not suitable for bitcoins unless and until you have a huge investment and divided that fund in to many exchanges. I prefer ETH for my arbitraging activities. ETH transactions are usually very fast and can cope up with my expectations. The main issue you will face in arbitraging is the transaction speed between wallets. Since bitcoin transactions are not fast and takes at least 30 minutes to confirm. It makes bitcoin not suitable for arbitraging. So I mainly use ETH/USD pair for arbitraging. The earning potential is huge if your timing is right.
how do you find the best arbitrage ?
so you mean have 10 ETH buy ripple with 10 eth, send ripple to the other exchange, sale ripple for ETH and get 11 eth ?
i am searching for great website alert or twitter alert on arbitrage