In this post I am going to tell about arbitrage trading
It is basically a type of trading in which we take advantage of the different prices of same thing at the same time at different places.
In the language of cryptocurrency we can say that we take advantage of the different price of the same cryptocurrency on different exchanges or crypto platforms on the same time. For example the price of Bitcoin on different exchanges is different so we buy from the exchange with is opening at a lower price and sell it to the exchange which is offering the higher price.
That is known as arbitrage trading but there are many scams and people have built fake exchanges that compel you to do arbitrage trading on them because they are offering very low prices as compared to other exchanges but they are totally scam and you should be on your guard when you try to do that.
And yes if done right you can get immense profit from it a lot.
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