Should I Use Arbitrage In Cryptocurrency?

in hive-175254 •  4 years ago 

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I do not really understand why many in the crypto space do not engage in cryptocurrency arbitrage, but prefer other forms of cryptocurrency trading even with its complexity.

What is cryptocurrency arbitrage?
Cryptocurrency arbitrage is the simultaneous purchase and sale of a cryptocurrency to profit from an imbalance in price. It is a trade that profits by exploiting the price differences of the same asset on different cryptocurrency exchanges.

Hence, you by cryptocurrency at Exchange ''A'' at lower price and sell in Exchange ''B'' at higher price and keep the profit.

This is risk free, easy to manage, low technical-know-how and obviously friendly for beginners. The setback here is having to search the net for price difference on different exchanges. And the first cryptocurrency software you least know of solves it.
WATCH THE WHOLE VIDEO AND SEE HOW IT WORKS >>> https://rebrand.ly/bitcoinsuite

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Good article, people look for ways to save on arbitration and because of that they end up losing their coins.