Bitcoin arbitrage is the purchasing of bitcoins on an exchange where the rate is extremely reduced and also offering it at an exchange where the cost is fairly greater. The rates of Bitcoin differ on different exchanges, as a result of that the marketplaces are not straight connected, and also the trading quantity, on lots of exchanges, is reduced sufficiently that the rate does not get used to the typical as soon as possible.
here is a video to understand what is the Arbitrage.
if you need information about exchanges where the bitcoin price low and high difference between 150$ to 200$ feel free to ask.
EtherDelta is a Goldmine, insane arbitrage opportunity https://steemit.com/gifto/@fifelue/tips-be-a-millionaire-using-arbitrage
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Great post!
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this is very interesting for me...i was into sports betting arbitrage (live betting). Thanks for sharing.
I was thinking about arbitrage with SBD between poloniex and bittrex but poloniex shut the door to sbd and also there seems to be a lot of problem with this exchange lately.
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I wrote an article that explains a simple way to arbitrage across cryptocurrency exchanges, and the math involved. Important to know what you are getting into so that you will not be trading at a loss. https://steemit.com/arbitrage/@kesor/the-math-behind-cross-exchange-arbitrage-trading
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