benjamin_cole_nurse
Tue Oct 01 2024
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6 answers
1254
How do you make money from P2P crypto?In this strategy, the trader buys a cryptocurrency at a lower price on one P2P exchange and then sells it at a higher price on another. Crypto P2P arbitrage allows the trader to make a profit from the price discrepancy of a particular crypto asset on the P2P market.
Could you elaborate on the process of earning profits through P2P crypto arbitrage? Specifically, how does one identify the price discrepancies across different P2P exchanges, and what steps are involved in executing the buy-low, sell-high strategy? Additionally, are there any risks or challenges that traders should be aware of when engaging in this type of trading?
CryptoGladiator
Mon Sep 09 2024
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6 answers
1132
Why do cryptocurrency exchanges show different prices?
Why is it that when I look at different cryptocurrency exchanges, the prices for the same digital assets seem to vary? Is this normal, or should I be concerned? Is there a specific reason why these prices differ, and what can I do to ensure I'm getting the best deal when trading or investing in cryptocurrency? Is there a way to understand the underlying factors that contribute to these price discrepancies, and how can I use that information to make more informed decisions?
