💵 What is crypto arbitrage?

✔️ In simple terms, crypto arbitrage is a strategy to take advantage of the price difference of a crypto coin on two different exchanges. We buy the coin on an exchange that offers a lower price and sell it on another exchange at a higher price.

📈 Example: Let's say we buy $ETH for $5000 on exchange "1" and then sell the same $ETH on exchange "2" for $5500. The profit we get is $500.