Looking at the survey results, I see that many people don't know what crypto arbitrage is...
Let me explain:
For example: We bought ETH for $5000 on exchange “1”, and sold ETH for $5500 on exchange “2”, we got a $500 profit.
Soon I will give a signal and tell you on which exchange to sell the coin and where to buy it. Now I'm looking at different exchanges and looking for different prices for the same coin.
Let me explain:
- 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.
Soon I will give a signal and tell you on which exchange to sell the coin and where to buy it. Now I'm looking at different exchanges and looking for different prices for the same coin.