Hi guys
today i wanna talk about an old financial expression remains from the old market which we can use on our daily trades.
what is Arbitrage in Cryptocurrency?Arbitrage is the process of taking advantage of inefficiencies in markets. In the case of cryptocurrencies, this can occur as the price of assets fluctuates over time. If there is a difference between the price of an asset across exchanges (or even potentially within the same exchange), it may be possible to buy and sell the same asset in a way which will result in a net profit.
what is a triangle Arbitrage?Triangular Arbitrage is the process of trading three currencies (or other security) to take advantage of a price difference among the three exchange rates in order to make a profit.
Arbitrage Opportunities exist within the Cryptocurrency Market due to the lack of significant trading volume spread among exchanges and various currencies. Even on the largest exchanges (Binance) and highest-traded currency pairs (Ethereum, Bitcoin, USDT, and Binance Coin) there still exist significant opportunities to execute profitable trades with Triangular Arbitrage.
recently, we found some great bot which check the opportunity for taking action on these scenarios. this is a good way to have a passive income and take profit. contact me if you are interested.
email:
farrellronald04@gmail.com