What you need to know about cryptocurrency arbitrage?

The difference in cryptocurrency quotes on different platforms allows the trader to receive additional income. This method of trading is called arbitrage, and its essence is to buy tokens in order to resell them at a higher price, writes RBC Crypto.

Arbitrage appeared on the stock and currency markets a long time ago. However, it is more difficult to trade according to this scheme on traditional exchanges, because the difference in quotes is very small. Cryptocurrency traders get more opportunities for this type of income due to significant fluctuations in the prices of exchanges for digital assets.