Daily Arbitrage Trading: TRX, DOGE, BCH, LTC, ETH, ZEC


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Finding the right arbitrage opportunities to take advantage of can be a big challenge. There are numerous opportunities available every single day, yet most of them rely on individual exchange liquidity. YoBit continues to play a role of importance in this regard, primarily because its prices are higher for most altcoins compared to other exchanges.

#6 TRON (KuCoin / Binance / YoBit)

It would appear there is an arbitrage opportunity for TRX every other day, especially where the YoBit exchange is concerned. Its price is nearly 2% higher compared to KuCoin, Bitfinex, Binance, and HitBTC, which makes for many different arbitrage opportunities. Buying TRX on any of those exchanges should not be  a problem, but YoBit is not the most liquid market for TRX at this time.

#5 Dogecoin (HitBTC / Poloniex / Livecoin)

For those looking for a potential Dogecoin arbitrage opportunity, different options are available at this time. Users can buy low on HitBTC or Poloniex and sell on Livecoin or YoBit. Both of those latter platforms have a price gap of 2% or slightly more, depending on which platform DOGE is bought at.

#4 Bitcoin Cash (Bitfinex / LiveCoin / YoBit)

One would not necessarily expect there to be any major Bitcoin Cash arbitrage opportunities across the exchanges. In most cases, that would be correct, but here is a clear gap between the BCH price at Bitfinex and selling it on Livecoin or YoBit. The latter option will yield more potential profit, assuming the liquidity pool is deep enough to explore this option.

#3 Ethereum (Livecoin / YoBit)

It is quite interesting to see how there can be a minor arbitrage opportunity for Ethereum two smaller exchanges. In the case of Livecoin, its price is lower compared to YoBit, which allows traders to explore a 1.1% arbitrage gap. A small opportunity, but one that can provide some profit regardless.

#2 Litecoin (OKEx / Binance / Livecoin)

Another top cryptocurrency is subject to small arbitrage profits when exploring the right exchanges. Buying Litecoin on OKEx and selling it on either Livecoin or YoBit can yield a pretty big profit. There is also an option to buy LTC on Binance or Poloniex and sell it on YoBit, depending on overall market liquidity at the time of trading.

#1 ZCash (Bitfinex / Poloniex / YoBit)

Traders of either Poloniex or Bitfinex can take advantage of a ZEC arbitrage opportunity involving Yobit. The price of ZCash on Bitfinex and Poloniex is 1% lower compared to YoBit, which makes for an easy arbitrage trade and associated profits. Similar gaps apply for buying on Sistemkoin, CEX, HitBTC, or Bittrex, and selling on YoBit.

Information is provided by Arbing Tool.


Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency.

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