Pionex Arbitrage bot

Using bots for arbitrage trading makes it possible to capitalize on opportunities that exist for only seconds, or microseconds. Traders sometimes favor the small, consistent profits gained this way because, of course, many small gains can combine into decent long-term profits .

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.

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.

Best Crypto Arbitrage Bots in 2022