But nowadays speed is the name of the game in arbitrage trading. Otherwise it is very difficult to get profit.
I used to buy a crypto on one exchange and transfer it to another exchange and sell it there for a higher price.
5/🧵
But nowadays speed is the name of the game in arbitrage trading. Otherwise it is very difficult to get profit.
I used to buy a crypto on one exchange and transfer it to another exchange and sell it there for a higher price.
5/🧵
It looks very attractive. Buy from one exchange and sell on another exchange. Is even a beginner can make profit by this strategy?
Too risky for beginners. Although it may seem easy, it is difficult in practice.
Yes I got it. Thanks for your explanation.