What is Crypto Arbitrage?
-Cryptocurrency arbitrage is a method in which investors purchase a cryptocurrency on one exchange and rapidly sell it for a greater price on another exchange.
How Crypto Arbitrage Works?
-At the same time, various exchanges have different prices for the same coin. Let's say the price of bitcoin on the Coinbase cryptocurrency exchange is $45,000 and $45,200 on the Kraken cryptocurrency exchange. In this situation, the crypto arbitrage platform would notice the price difference and purchase bitcoin on Coinbase then sell it within seconds on Kraken to profit from the difference. This is how Crypto Arbitrage works.
Only issue is a human can not do this efficiently. So platforms have been created to do this for you. They trade your crypto amongst exchanges for profit within SECONDS. A lot of investors are looking at profits of 3% of their investment per day. Essentially $1000 would produce $30 every day. The other plus to a platform is some of them will run this 24/7 without any work from you. Which is how it could provide as high of a return as 3% in ONE day.
Crypto Arbitrage Platforms-
COTPS-
https://www.cotps.com#/pages/login/register?invite=338889
Swapnex-
https://swapnex.io/ref/JPR777
DISCLAIMER: I am NOT giving INVESTMENT ADVICE. I am writing this as an informative of what crypto arbitrage is based off MY experiences and MY returns. I AM NOT AN INVESTMENT ADVISOR. If you are interested, check out the platforms and read about what the platform is about and you decide if its something you want to do. Invest at YOUR OWN RISK. Cryptocurency Arbitrage is the alleged reasoning to the profits amongst these platforms. I do not represent these platforms. I am only here to inform what they are and what they do allegedly.