Making money in the world of cryptocurrencies has been an ongoing challenge during this extended bearish period. Margin trading is still possible, although exploiting arbitrage opportunities will seemingly yield better short-term results. That is not entirely abnormal, primarily because all of the top markets remain stuck in the dirt until Bitcoin finally picks up the pace.
Even though a very similar opportunity arose just yesterday, there is still a price gap between HitBTC, OKEx, and YoBit right now. All three platforms trade TRX at slightly different values, which creates an arbitrage gap of 2%-3% for traders to exploit. That in itself is a very interesting development, even though YoBit’s lack of overall liquidity can make this a somewhat unappealing option to explore.