Crypto Academy Season 4 | Intermediate Level Course for Week 4 SUMMARY : [Cryptocurrency Triangular Arbitrage Trading Strategy] by @reddileep

in hive-108451 •  3 years ago 

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Hello Steemians!


The 4th week of the Fourth Season of the Steemit Crypto Academy has now ended very successfully. It was a fairly busy week with 60 participants and most of them had performed well. I think almost everyone has learned something important from my lesson. So, let me expand on all the data this week as a summary.

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During this time I have successfully explained the Triangular Arbitrage and I was able to cover almost four subtopics.

  • What is Arbitrage Trading.

  • What are the types of Arbitrage.

  • Explanation and Demonstration of the Triangular Arbitrage Strategy.

  • Advantages and Disadvantages of the Cryptocurrency Triangular Arbitrage Strategy .

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According to the above-mentioned topics, 60 participants were able to submit their homework posts under the tag of #reddileep-s4week4. Here they had to explain the lesson under the following questions.

  • 1- Define Arbitrage Trading in your own words.

  • 2- Make your own research and define the types of Arbitrage (Define at least 3 Arbitrage types)

  • 3- Explain the Triangular Arbitrage Strategy in your own words. (You should demonstrate it through your own illustration)

  • 4- Make a real purchase of a coin at a slightly lower price in a verified exchange and sell it in another exchange for a higher price. (Explain how you get your profit after performing Arbitrage Strategy, you should provide screenshots of each transaction showing Bid, Ask prices)

  • 5- Invest for at least 15$ worth of a coin in a verified exchange, and then demonstrate the Triangular Arbitrage Strategy step by step using any other coins such as BTC and ETH. (Explain how you get your profit after performing Cryptocurrency Triangular Arbitrage Strategy, you should provide screenshots of each transaction)

  • 6- Explain the Advantages and Disadvantages of the Triangular Arbitrage method in your own words.

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So, according to all participants' performances, I've graded them considering, Originality of their submissions, Post Presentation, and Quality of the content. Below I've included summarized data of all the submissions.


  • Plagiarized - Those participants who included plagiarized contents
  • Below average - scores below 5.
  • Average - scores within 5 and 6.9.
  • Good - scores within 7 and 8.9.
  • Excellent - scores within 9 and 10.
  • Invalid Entries - Unqualified participants

Rating ContentExcellentGoodAverageBelow AverageInvalid EntriesPlagiarised contents
Frequency213051-3

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According to the above-mentioned data, we can see most of the participants have performed very well. However, I have graded all of them after analyzing their content carefully. Furthermore, here I've considered below included details to evaluate their homework submissions

  • In the 1st question, the students had to define Arbitrage Trading in their own words. Here most of them have done a good explanation.

  • In the 2nd question, the students had to make their own research and define the types of Arbitrage (Define at least 3 Arbitrage types). Here, many have explained the types well by doing their own research, but some have just defined them without any research.

  • In the 3rd question, the students had to explain the Triangular Arbitrage Strategy in their own words. (They should demonstrate it through their own illustration). Here, many have explained the strategy well but only a few of them have used the proper illustration.

  • In the 4th question, the students had to make a real purchase of a coin at a slightly lower price in a verified exchange and sell it in another exchange for a higher price. (Explain how they get their profit after performing Arbitrage Strategy, they should provide screenshots of each transaction showing Bid, Ask prices). Here actually only a very few had done the correct way. I think the students do not have a proper idea of trading yet.

  • In the 5th question, the students had to Invest at least 15$ worth of a coin in a verified exchange, and then demonstrate the Triangular Arbitrage Strategy step by step using any other coins such as BTC and ETH. (Explain how they get their profit after performing Cryptocurrency Triangular Arbitrage Strategy, they should provide screenshots of each transaction), Here, most of the students have performed well. But some have not done the trade properly.

  • In the 6th question, the students had to explain the advantages and disadvantages of the Triangular Arbitrage Strategy. Here many of them have stated the points without explaining them but some have done it properly.

  • Furthermore, I considered the quality of their presentation including spellings mistakes and markdown errors. Here 65% of participants were able to perform well.

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Out of the 60 participants, the following 3 students have performed very well. So, they are eligible to get additional rewards for their effort on creative and informative homework posts.

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StudentHomework Post Link
@beckie96830Post Link
@xkool24Post Link
@azamraiPost Link

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Thank you

Cc :-

@steemitblog

@steemcurator01

@steemcurator02


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Respected Prof, I am glad I made your Top three (3) posts for the week. I will continue to improve just as always.

Best Regards

You deserved it 👍

I am really grateful to @steemcurator01 and professor @reddileep thank you very much to mention me in top three students.
Thank you once again

You deserved it 👍