How do you perform arbitrage with Bitcoins?

Bitcoin, Investing, Uncategorized
What is Arbitrage? Put simply, arbitrage is buying something at a low price and selling more or less immediately at a higher price through a different market. There are many kinds of arbitrage, but all of them boil more or less to the same goal: Capitalizing on a price difference for economic gain. Arbitrage is everywhere in our global economy and lots of commercial transactions depend upon it and utilize it. Goods are produced at a reduced cost in one place and are sold at a higher cost someplace else. The important thing is that the differences in price allows us to recoup the costs of the transaction; i.e. packaging, transportation, management, etc. For our discussion we will be referring to the arbitrage between cryptocurrencies between exchanges and other markets. Why does it…
Read More