Quote from: cryptomaniac_xxx on January 31, 2022, 05:14:56 AM

Quote from: galini on January 31, 2022, 02:48:15 AM

Hello friends
I have heard that there are people who earn income by trading arbitrage. I am very inexperienced at this. Which token or coin do you think would be suitable for arbitrage trading? Thank you.

I'm not really sure if arbitrage trading is still profitable though, I mean in 2017 yeah, you can do it, buy from some korean exchange and then go and sell it in US exchange.

But now the game has changes, day traders or arbitrage traders are using bots now, so it's hard to compete with them if you are going to start with it. So if you are inexperience then most likely you are going to lose money in the beginning and now sure how you can sustain this kind of trading strategy as there are competitions, just saying.

Your suggestion is not the typical arbitrage trading because withdrawal on exchange has a flat rate and by doing so, you will already loss huge amount of your money because you will need to wait for your transfer to other exchange become confirmed which typically takes time.

Typical arbitrage in crypto are exploiting tiny difference in price for different trading pairs for a specific coin. Arbitrage trading need to be execute quickly because your is to have a profit for a small price difference on different pair.

Top 10 crypto is the best token to do arbitrage. Do it when the market is sideways so that the price will not quickly change.