How profitable is crypto arbitrage business?

[hastral45]

If you are into crypto trading, you could have come across occasion when opportunities to buy coins at lower price in one exchanger and sell at higher price in another exchanger. For instance, USDT could be bought at cheap price in coinbase and sell at high price in Binance. This opportunity don't last more just few months before it is closed. When arbitrage opportunity arises, thousands of income could be made. One thing I like about this arbitrage is that as one opportunity of arbitrage in one coin closed, another one of other coins opened. Your chances of discovering arbitrage opportunity depends on how resourceful you are.

 

[Heatman]

As long as you know exactly what you are doing in the crypto-currency market I believe that it is something that is always going to pay you which is why knowledge is the key in dealing with cryptocurrency.

 

[eldavis]

I have actually heard about this before, and there are lots of people making money form it, but i have never actually tried it myself cause i do not really know much about crypto.