🤑 Let's start with a simple one:
- In simple words, we look for the difference in the price of a coin between two different crypto exchanges, buy the cheaper coin on the first exchange, and sell it more expensive on the second exchange.
🧠 For example: We bought ETH for $5000 on exchange "1", and sold ETH for $5500 on exchange "2", we got a $500 profit
What is Crypto Arbitrage?
- In simple words, we look for the difference in the price of a coin between two different crypto exchanges, buy the cheaper coin on the first exchange, and sell it more expensive on the second exchange.
🧠 For example: We bought ETH for $5000 on exchange "1", and sold ETH for $5500 on exchange "2", we got a $500 profit