Crypto Arbitrage Software - What is it & how does it work?
Crypto currencies have gained immense popularity over a last decade and are increasingly becoming part of the main stream. Today everyone wants to jump on this bandwagon and make the most of what it has to offer. Many traders today are looking for ways to gain profits from it. One of the ways to yield low risk gains from crypto currency is through arbitrage trading. So what exactly is arbitrage trading and how it can be leveraged to gain optimized gains? In layman terms, arbitrage trading is nothing but buying or selling crypto assets across multiple exchanges or within exchanges and take advantage of the price discrepancies. For instance, coin x could cost $100 on one exchange, but could be trading at $120 on another for a very small window of time due to discrepancies in the exchange prices. This generates an opportunity for an arbitrage of $20. However, as simple as it may sound it is important to understand that crypto arbitrage trading is only effective if it is do