Crypto Arbitrage Opportunity
Cryptocurrency arbitrage refers to buying cryptocoins on an exchange where the price is lower and simultaneously selling the altcoin at an exchange where the price is relatively higher, ultimately profiting from a temporary difference in prices. The prices of cryptocurrency may vary from one exchange to another, because the markets are not directly linked. The difference in supply and demand across exchanges may result in significant price fluctuation. Often it may take time for prices to adjust to global average.