How to conduct crypto arbitrage trading?
As a crypto enthusiast, I'm curious about the intricacies of crypto arbitrage trading. Could you elaborate on the steps involved in this process? Specifically, how do traders identify opportunities for arbitrage? What tools or platforms are typically used to monitor price differences across exchanges? And what strategies should traders consider to minimize risks while maximizing profits? Furthermore, what are the key factors that determine the success of crypto arbitrage trading, such as market liquidity, transaction speed, and exchange fees? Your insights would be invaluable for those interested in exploring this fascinating trading technique.