More from usmanabbasi

repeat
52 views
What is Crypto Arbitrage and how does it work? @ April 23, 2021 - Exodus #crypto #bitcoin #exodus #arbitrage Cryptocurrency (and crypto arbitrage trading) is different from traditional markets. Instead of having a couple of highly regulated, “official” exchanges, in crypto there are dozens of exchanges. Even if you only count the major exchanges it’s still quite a list. Because crypto trades on all of these exchanges simultaneously, there is no official price for a coin like BTC. There is no reason why BTC can’t trade for $50,000 on Binance and $49,500 on Coinbase, or vice versa. Short-term supply and demand on platforms can create a situation where the same asset is priced differently depending on the exchange. That’s where arbitrage trading comes in. What is arbitrage? https://www.exodus.com/blog/what-is-crypto-arbitrage/
52 views · May 22nd

More from usmanabbasi

repeat
52 views
What is Crypto Arbitrage and how does it work? @ April 23, 2021 - Exodus #crypto #bitcoin #exodus #arbitrage Cryptocurrency (and crypto arbitrage trading) is different from traditional markets. Instead of having a couple of highly regulated, “official” exchanges, in crypto there are dozens of exchanges. Even if you only count the major exchanges it’s still quite a list. Because crypto trades on all of these exchanges simultaneously, there is no official price for a coin like BTC. There is no reason why BTC can’t trade for $50,000 on Binance and $49,500 on Coinbase, or vice versa. Short-term supply and demand on platforms can create a situation where the same asset is priced differently depending on the exchange. That’s where arbitrage trading comes in. What is arbitrage? https://www.exodus.com/blog/what-is-crypto-arbitrage/
52 views · May 22nd