#ArbitrageTradingStrategy
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If you are feeling tired from these things
➡️ Staring at charts hoping your coin will pump or dump?
➡️Doing guess work and random trades?
Then here is a good thing you must know about which is termed arbitrage.
There are different types of arbitrage,
➡️ Spatial arbitrage: Occuring between exchanges.
➡️ Triangular arbitrage : occuring between currency pairs.
While the profit per trade might look small but doing this repeatedly and at scalable portion can lead to significant gains with minimal risk.
➡️SpatialArbitrage trading in detail
Major coins often trade at slightly different prices on exchanges at the exact same moment. So basically we have to catch those tiny gaps real fast. Yes,we're talking about fractions of a percent all scaled up. It adds up fast.
So for doing this we basically need
↪️Multiple exchange accounts, fast execution (aand damn sharp focus on fees and transfers.
➡️Traungular arbitrage as its name conveys involves inter converting of 3 currencies(lets say we have $ETH $BTC $USDT ) to exploit gains while conversion i.e We may change ETH to BTC first and then BTC to USDT and gain meanwhile doing so.
So folks on note we can say that arbitrage trading basically requires
Active watch on different markets and curreny pairs,staying focused and sharp with damn fast speed(automation is preferred if you can) and do not forget consistency is key here.
#Write2Earn
Attaching a picture also for clear understanding of information conveyed above.
