In the cryptocurrency world, arbitrage opportunities can never be overlooked. Although this method of trading involves some minor risks, there is still plenty to get excited about. Considering how profits are difficult to come by when buying and holding, flipping altcoins between exchanges can yield some quick profits in exchange for very little effort.
It has become quite apparent there should be more focus on the price difference between different exchanges and trading platforms. Buying MIOTA on Gate and selling it on Binance is an option traders may want to explore throughout the day. As of right now, there is a 2.8% gap between both exchanges, which allows for some very easy profits to be scored in quick succession.