While most people are looking to score bargains today, others will double down on their efforts to score cryptocurrency profits. Given the current negative market momentum, that may be a lot more difficult than first anticipated. Luckily, there are numerous arbitrage opportunities, all of which will yield some pretty decent profits, depending on platform liquidity.
It is the first time in a while the Basic Attention Token price allowed for some arbitrage trading. Today is that day, for those who are willing to explore this market. The value of BAT in Gate.io is lower compared to Poloniex, which allows for some profit taking along the way. When flipping BAT between these two exchanges, traders can easily net a 2.5% – 3% profit. More than respectable figures, given the current fire sale across all markets.