@crystalharmony
Arbitrage in cryptocurrency trading involves taking advantage of price differences for the same asset across different exchanges or markets. Traders buy the asset at a lower price on one exchange and sell it at a higher price on another, profiting from the price gap. This strategy relies on the fact that cryptocurrencies are traded on multiple platforms, and price discrepancies can arise due to market inefficiencies or latency in updating prices. Arbitrage opportunities are often short-lived, so traders need to act quickly. However, risks like transaction fees and network delays must be considered.
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