Every day in the cryptocurrency world comes with new opportunities to explore. Especially for those who simply want to score a quick buck by moving funds to and from exchanges, good money can be made in quick succession. Some intriguing arbitrage opportunities are popping up once again, albeit these gaps can close pretty quickly.
In the case of Cardano – or ADA – there is one particular arbitrage opportunity which stands out in a rather spectacular fashion. For the time being, it is very cheap to buy ADA on Kraken and selling it on Gate.io. Doing so will net users a quick 1.5% profit, depending on how the liquidity holds up across both trading platforms. Even so, it allows for easy money to be made with very little effort involved.