Best tokens for arbitrage trading?

[galini]

Hello friends
I have heard that there are people who earn income by trading arbitrage. I am very inexperienced at this. Which token or coin do you think would be suitable for arbitrage trading? Thank you.

[cryptomaniac_xxx]

Hello friends
I have heard that there are people who earn income by trading arbitrage. I am very inexperienced at this. Which token or coin do you think would be suitable for arbitrage trading? Thank you.

I'm not really sure if arbitrage trading is still profitable though, I mean in 2017 yeah, you can do it, buy from some korean exchange and then go and sell it in US exchange.

But now the game has changes, day traders or arbitrage traders are using bots now, so it's hard to compete with them if you are going to start with it. So if you are inexperience then most likely you are going to lose money in the beginning and now sure how you can sustain this kind of trading strategy as there are competitions, just saying.

[cryptoaddictchie]

Hello friends
I have heard that there are people who earn income by trading arbitrage. I am very inexperienced at this. Which token or coin do you think would be suitable for arbitrage trading? Thank you.

I guess the best token are those with high volume. There are tokens with huge discrepancies on their price but the difference is on the trading volume or demand. Yes you got a high price on one market but has only got few volume so youll probably find difficulty to liquidate the tokens you bought on another party. Anyway best way is to locate it on such tracker like coingecko and coinmarketcap.

[sovie]

Hello friends
I have heard that there are people who earn income by trading arbitrage. I am very inexperienced at this. Which token or coin do you think would be suitable for arbitrage trading? Thank you.

I have seen projects that tried to do arbitrage but unfortunately as far as I know they all collapsed. There are so many bots these days and they are so fast that arbitrage is actually impossible. If you manage to do arbitration, then only on very small exchanges, with a tiny volume and even less confidence to them.

[Jawhead999]

You should understand about arbitrage trading first.

In short arbitrage trading is taking advantages of the price gap between two exchanges, let's say you buy from exchange A for $100/coin and then you sell it on exchange B for $110/coin. It's same coin and you're made profit for $10/coin.

So, you're looking for exchanges sell the cheapest and highest, not the coins nor tokens! Beware of shady exchanges, the legit exchanges only has 0.1-0.5% difference with the other exchanges.

[dansus021]

I'm not really sure if arbitrage trading is still profitable though, I mean in 2017 yeah, you can do it, buy from some korean exchange and then go and sell it in US exchange.

But now the game has changes, day traders or arbitrage traders are using bots now, so it's hard to compete with them if you are going to start with it. So if you are inexperience then most likely you are going to lose money in the beginning and now sure how you can sustain this kind of trading strategy as there are competitions, just saying.

1000% aggree with u back in the days all people using centralized exchange to do arbit trade and yes is profitable but now after DeFi coming is not much profitable sniping bot become profitable for quiet some time but recent smart contract become resitance to sniping bot

the difference is so low it would be great if u trade in one place rather than arbit

[Fundamentals Of]

Is arbitrage trading still a thing today? I think it is no longer profitable to get into arbitrage trading these days. The price difference of coins between exchanges is insignificant after you deduct all the fees. So you need to have a really big amount to play with in order to make a decent profit. And since the risk is high, I'd rather not get into it.

Even if you have the money, you better use it for classic trading. Scalping is probably more preferable than arbitrage trading these days. But still very risky.

But to answer your question, choose tokens that have high liquidity.

[_IRMAN]

Hello friends
I have heard that there are people who earn income by trading arbitrage. I am very inexperienced at this. Which token or coin do you think would be suitable for arbitrage trading? Thank you.

If you want to try arbitrage you can visit Coinmarketcap, then look for coins that have a fairly large price difference from exchange A to exchange B. Make sure the coin has sufficient volume / liquidity.
I can't give the name of the coin, you have to find it yourself.

[Fundamentals Of]

Is arbitrage trading still a thing today?

Not anymore but someone there are newbies that sees it as a method but they don't know that it's no longer a thing today.

Arbitrage trading is likely rare these days. You get to compare the rates of exchanges, locally and internationally and you're lucky enough if you get to see the opportunity with it.

Newbies are probably the ones who think that arbitrage trading is still a thing until now because they haven't experienced how it became an easy source of money back then but eventually fizzled out. Nowadays, with a price difference of only a few cents, it is impractical to get into such trading. The fees itself might even be enough to kill potential profit. And knowing how volatile the crypto market is, the moment the tokens arrive the price might already have moved significantly.

[michellee]

Hello friends
I have heard that there are people who earn income by trading arbitrage. I am very inexperienced at this. Which token or coin do you think would be suitable for arbitrage trading? Thank you.

I am not suggesting you use arbitrage trading to make a profit as you do not have experience in trading. Maybe you should try regular trading and understand how the market works before using arbitrage trading. At least you know how to trade because arbitrage trading is different than regular trading. Besides that, when you learn about trading, you will know how to minimize the risk and select the coin to trade to help you make a profit.

[freedomgo]

Hello friends
I have heard that there are people who earn income by trading arbitrage. I am very inexperienced at this. Which token or coin do you think would be suitable for arbitrage trading? Thank you.

I think it's not on the token but on the exchange, you need to find an exchange where there's a gap between other trading sites so you can find an opportunity to trade, it is existing though but you need to be active in monitoring to find such opportunity, some uses a programming tools in order to find that gap or opportunity because arbitrage trading has no risk, it's just that it's not easy to do it.

I find it similar to sports betting arbitrage, possible but not easy to do.

[timerland]

Hello friends
I have heard that there are people who earn income by trading arbitrage. I am very inexperienced at this. Which token or coin do you think would be suitable for arbitrage trading? Thank you.

Probably stablecoins?

If you believe in a stablecoin's ability to hold peg and there is a short term depeg, this can be an excellent opportunity to capitalize.

E.g. UST has depegged to less than 90c before which means that if you could snatch a bunch up at that price it would essentially be 10%+ instant profit as the peg recovered.

[crzy]

Hello friends
I have heard that there are people who earn income by trading arbitrage. I am very inexperienced at this. Which token or coin do you think would be suitable for arbitrage trading? Thank you.

Those with stable price but still you have to analyze and look for every market. I just hope that before doing this you should study further since you are still inexperiences because this can still be risky especially if you do it incorrectly. Better to do regular trading which I think is more profitable but of course you still need to analyze because trading needs it in order for you to make more money.

[AmoreJaz]

Hello friends
I have heard that there are people who earn income by trading arbitrage. I am very inexperienced at this. Which token or coin do you think would be suitable for arbitrage trading? Thank you.

Probably stablecoins?

If you believe in a stablecoin's ability to hold peg and there is a short term depeg, this can be an excellent opportunity to capitalize.

E.g. UST has depegged to less than 90c before which means that if you could snatch a bunch up at that price it would essentially be 10%+ instant profit as the peg recovered.

but remember you need to incorporate the fees involved and the possible profit that you may get from here is just right to pay for the fees. but if you have large capital, that is where you will see your profit.
hard to suggest any coin for arbitrage trading because it depends on the exchanges you will use, the liquidity of the coin, the fees involved. and aside from that, the price volatility is also big factor to consider.

[wxa7115]

Hello friends
I have heard that there are people who earn income by trading arbitrage. I am very inexperienced at this. Which token or coin do you think would be suitable for arbitrage trading? Thank you.

Arbitrage is completely different than other forms of trading, so there is not really a best coin to do this, any coin that shows a difference in price big enough to be taken advantage of is a good coin for arbitrage trading.

However you need to remember that even if you prefer to trade this way there are a lot of pitfalls on which you can fall, one of the most common is to try this form of trading without enough capital, as the profits you can get are so low that the fees alone could take all your profits if your capital is small.

[Fundamentals Of]

Is arbitrage trading still a thing today?

Not anymore but someone there are newbies that sees it as a method but they don't know that it's no longer a thing today.

Arbitrage trading is likely rare these days. You get to compare the rates of exchanges, locally and internationally and you're lucky enough if you get to see the opportunity with it.

Newbies are probably the ones who think that arbitrage trading is still a thing until now because they haven't experienced how it became an easy source of money back then but eventually fizzled out. Nowadays, with a price difference of only a few cents, it is impractical to get into such trading. The fees itself might even be enough to kill potential profit. And knowing how volatile the crypto market is, the moment the tokens arrive the price might already have moved significantly.

Yeah, maybe they're the only ones these days.

Because if you've been quite long in the market you'll realize that there's not that much talk about it and it's quite hard to do it these days. But if someday is still able to do this type of trading.

Well, he's got a sure profit as he trades and probably shuts his mouth so that no one would notice even the exchanges.

Arbitrage trading fizzled out not only because it became less profitable in an organic way but also because exchanges themselves made sure prices are not that different from each other. This is probably one of the reasons why exchanges themselves are involved in making bid and ask orders. And not only that, they are also involved in filling those orders. So I doubt arbitrage trading will once again play a role in the crypto market.

[aruldaroy]

Hello friends
I have heard that there are people who earn income by trading arbitrage. I am very inexperienced at this. Which token or coin do you think would be suitable for arbitrage trading? Thank you.

In my opinion solana and BNB are suitable if we use them for arbitrage trading.
Arbitrage trading is trading between two exchanges in this market exchange to another market exchange.
So that in different price disputes that's where the benefits we get.

[Baofeng]

Is arbitrage trading still a thing today?

Not anymore but someone there are newbies that sees it as a method but they don't know that it's no longer a thing today.

Arbitrage trading is likely rare these days. You get to compare the rates of exchanges, locally and internationally and you're lucky enough if you get to see the opportunity with it.

Newbies are probably the ones who think that arbitrage trading is still a thing until now because they haven't experienced how it became an easy source of money back then but eventually fizzled out. Nowadays, with a price difference of only a few cents, it is impractical to get into such trading. The fees itself might even be enough to kill potential profit. And knowing how volatile the crypto market is, the moment the tokens arrive the price might already have moved significantly.

Yeah, maybe they're the only ones these days.

Because if you've been quite long in the market you'll realize that there's not that much talk about it and it's quite hard to do it these days. But if someday is still able to do this type of trading.

Well, he's got a sure profit as he trades and probably shuts his mouth so that no one would notice even the exchanges.

Arbitrage trading fizzled out not only because it became less profitable in an organic way but also because exchanges themselves made sure prices are not that different from each other. This is probably one of the reasons why exchanges themselves are involved in making bid and ask orders. And not only that, they are also involved in filling those orders. So I doubt arbitrage trading will once again play a role in the crypto market.

Yep, exchanges found about this so called arbitrage trading and close the gap. And then bots comes along, pushing the boundaries, and then it's a war of bots now. But for sure the days are gone already, no where you will get profits from arbitrage trading.

Maybe the OP got it from someone that is not telling the truth or just wanted some money from him to play and trade in this game.

[pushups44]

Hello friends
I have heard that there are people who earn income by trading arbitrage. I am very inexperienced at this. Which token or coin do you think would be suitable for arbitrage trading? Thank you.

There has been talk of arbitrage trading for a number of years in this industry, so as more players move in, the less arbitrage opportunities exist. Nonetheless, in any industry this large and with numerous exchanges, there will always be arbitrage opportunities. I believe these opportunities are best exploited by automated software. Also, deep pockets can be helpful in this endeavor, I suppose. I have also heard of people placing ridiculously low buy prices and waiting for flash crashes.

My own strategy is to focus on the long term, so arbitrage is out of the question for me.

[Ngewex Yuk]

A few years ago the difference between exchanges was very far, at that time I could make huge profits of up to thousands of dollars from arbitrage trading, namely my local exchange and top exchanges such as Hitbtc, coinbase and so on, but because now the difference is very thin then this is no longer profitable, better focus on investing and holding for the long term.