The only way you can enjoy arbitrage trading is between two exchange, if one is illiquid you can find cheaper rate their and bring to larger exchange with volume. However there are some challenges in arbitrage trading such as:
- Withdrawal fees might not be friendly, coins Bitcoin and ethereum are bad for this business right now because the fees are insane.
- Only few altcoins does bring arbitrage opportunities nowadays, bitcoin and ethereum will be quickly bought and altcoins are very tricky especially if you are buying and selling between two exchanges that has less volume, so you have to be careful especially the MEME market.
Yes, I have done that before in 2017 but i don't think it available again today as we speak.
Second i think you will get some profit if you have a low marketcap coin but there is a risk when you want to liquidated all of your coin/token
You can’t arbitrage anymore in 2023, you could in 2015 if you had some decent programming skills but in 2023 you are up against many fast bots and firms which have tons and tons of money and experience compared to you.
I think so. there are many gap between 2015 and 2023.
Crypto still nothing in 2015 and not much infrastructure back then