Cryptocurrency Q&A
How to find coins for crypto arbitrage?
How to find coins for crypto arbitrage?
Filippo
Mon Dec 09 2024
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5 answers
1133
I'm interested in crypto arbitrage and want to know how to find suitable coins for this purpose. I'm looking for methods or strategies to identify coins with arbitrage opportunities.
5 answers
SamuraiCourageous
Wed Dec 11 2024
Arbitrage opportunities are calculated based on the discrepancy between trading prices on different exchanges.
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Nicola
Tue Dec 10 2024
A trader can buy the cryptocurrency on the exchange with the lowest Bid price and immediately sell it on the exchange with the highest Ask price, pocketing the difference as profit.
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BlockchainLegend
Tue Dec 10 2024
A trader needs to identify the highest and lowest trading prices for a cryptocurrency across various platforms.
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GinsengGlory
Tue Dec 10 2024
For an arbitrage trade to be profitable, there must be a significant difference between the Ask and Bid prices on different exchanges.
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CherryBlossom
Tue Dec 10 2024
The Ask price represents the price a seller is willing to accept for a cryptocurrency, while the Bid price is the price a buyer is willing to pay.
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