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.
Currently, with trading and withdrawal fees, I doubt you can have a good profit playing at those popular coins thru arbitrage trading. You might end up paying more fees compared to profit. Sounds like a hassle too unlike before where fees are cheap even for Bitcoin and Ethereum trades.
Even an arbitrage program or API only establishes a few profit percentages whether the market is on the bull or bear. It means arbitrate nowadays might not seem profitable compare before.