Cryptocurrency traders and speculators are always looking for ways to make some good money. When trying to ignore the overall market circumstances, using arbitrage opportunities is one’s safest bet more often than not. The following six offerings will allow users to score some quick profits, although the overall platform liquidity may shake things up quite a bit in the coming hours.
No one will be surprised to learn there is yet another Monero price gap between the different exchanges today. This privacy-oriented altcoin usually offers arbitrage opportunities on a daily basis. For today, buying XMR on Bittrex, Kraken, Gate, or Bitfinex and selling it on HitBTC will yield some decent profits. Spreads are as large as 4.5%, with the average being closer to the 2.9% mark. Some very decent profits to pocket, especially while the market momentum remains rather uncertain.