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Arbitrage Today: BTC, Qtum, XMR, ZEC, EOS, TRX

Arbitrage Today: BTC, Qtum, XMR, ZEC, EOS, TRX
Arbitrage opportunities allow cryptocurrency traders to make some decent money regardless of their asset’s current value. In the case of the altcoins, there are plenty of options waiting to be explored. The following currencies and exchanges are worth keeping an eye on throughout the day, albeit timing will be crucial to making the most of these options.
#6 Bitcoin (Koinim / Paribu)
Truth be told, very few people will be aware Paribu and Koinim are two active cryptocurrency exchanges. That is not entirely uncommon, primarily because these platforms might not generate too much liquidity. For some unknown reason, both platforms have Bitcoin valued at a very low price, which allows it to be sold on major exchanges – such as Bittrex, Binance, and Bitfinex – for a small profit.
#5 Qtum (Kraken / KuCoin / Poloniex)
Even though Qtum has noted some very strong momentum over the past week, not all exchanges are trading it at the same value right now. Its value on Kraken is slightly lower than both Poloniex and KuCoin, which allows for a relatively easy arbitrage trade. No big profits should be expected, but this discrepancy might become bigger as the day progresses.
#4 TRON (OKEx / Bitfinex / YoBit)
It doesn’t happen all that often top 15 cryptocurrencies allow for arbitrage trading between different exchanges. In the case of TRON , or TRX, buying it on OKEx, Bitfinex, or Binance will yield a profit if the coins are sold on YoBit. It is uncanny how often YoBit is involved in arbitrage opportunities these days despite its overall low liquidity.
#3 EOS (Poloniex / Binance / YoBit)
Once again, users of the YoBit exchange can reap the benefits from buying EOS cheaper at Poloniex, Bitfinex, or Binance in the coming hours. Albeit it remains to be seen if this trend will remain in place for very long, it can be a worthwhile option to explore at this crucial time.
#2 Monero (Kraken / HitBTC / Poloniex)
On the surface, one wouldn’t necessarily expect Monero to be subject to a lot of arbitrage opportunities in this day and age. Today is shaping up to be an interesting day in this regard, as the price on Kraken is significantly lower compared to both HitBTC and Poloniex. Exploring these options can yield a small profit, depending on how much liquidity can be moved between these different trading platforms.
#1  ZCash (HitBTC / Poloniex / YoBit)
For those who cannot get enough of YoBit, there is one more arbitrage opportunity worth keeping an eye on throughout the day. It would appear ZCash is trading lower on YoBit compare dot most other exchanges. Buying ZEC on hitBTC, Poloniex, or Bittrex should result in some nice profits. Opportunities are plentiful in this industry today, and the the day has only just begun.
The post Arbitrage Today: BTC, Qtum, XMR, ZEC, EOS, TRX appeared first on NullTX .

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