The job of an arbitrage trader is to exploit price differences correctly and make a profit , no matter which direction the market is moving.USDT arbitrage involves buying cryptocurrency on one exchange at a low price and selling it on another at a higher price, making a profit. For example, $10,000 becomes $10,150 after buying ETH on Bybit and selling it on another exchange. To find profitable trades, you can do it yourself or join a team with support and training, but with a 20% commission on profits. Cocoon AI Summary
For example, an arbitrageur has $10,000. His simplest plan of action is:
- Find an exchange with the lowest rate, for example, for ETH coins;
- Let's say a certain amount of ETH is worth $10,000 on By bit.
- Having bought a coin on By bit, the arbitrageur goes to another exchange where the selling rate for ETH is higher than the buying rate on By bit;
- By selling the coin on another exchange for $10,150, taking into account all commissions, the trader receives a profit of $150.
- the most popular and truly working combination is USDT > BTC > ETH > USD Y. As for which exchanges or exchangers to use for this, you'll have to figure it out yourself. BUT, our arbitrage team will train you and provide you with a ready-made combination with verified offers. For more @waviumteam
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