Bitcoin arbitrage has the potential to be an enormously profitable way to invest in Bitcoin . One well-known 2017 example saw Bitcoin selling on Kraken for $17,212, but on Bitstamp for a mere $16,979.
Read moreWhat is crypto arbitrage bot?
Arbitrage bots are tools that examine prices across exchanges and make trades in order to take advantage of discrepancies . Because the price of a cryptocurrency like Bitcoin tends to vary somewhat from exchange to exchange, bots that can move fast enough can beat exchanges that are delayed in updating their prices.
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