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

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

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 , 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.

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.

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers.

11/08/2018 / 01:24:46 Source: themerkle

Coins | DOGE | ETH | Featured | LTC | TRX | altcoins | Arbitrage | Exchanges | | ETH|LTC|TRX|ZEC|Trading
BTC
1 BTC=$5,603.58
XRP
1 XRP=$0.5079
ETH
1 ETH=$176.24
XUC
1 XUC=$3.50
BCH
1 BCH=$364.24
EOS
1 EOS=$4.66

News Feed 50

Cryptoglobe Neutral - Buying Bitcoin’s Recent Dip Could Be Profitable, Chart Watcher Points Out read more.
11/18/2018 / 04:00:17
Cryptoglobe Neutral - Aeternity, Dacade Launch Blockchain Course That Rewards Students With Crypto read more.
11/18/2018 / 02:08:02
Newsbtc Neutral - #XRP/USD Price Analysis: CNBC Host Recommend Buying Ripple read more.
11/18/2018 / 02:05:23
Newsbtc Neutral - #BTC/USD Price Analysis: ECB Official Says Bitcoin a Clever Idea as Prices Steady read more.
11/18/2018 / 02:00:52
Livebitcoinnews Neutral - Bitcoin Permabull Tom Lee Slashes End of Year Price Forecast to $15,000 read more.
11/18/2018 / 02:00:01
Ccn Neutral - Lawyer: Phase Two of SEC’s Enforcement is Slow, Painful Grind For Crypto read more.
11/18/2018 / 01:30:12
Bitcoin.Com Neutral - More Cryptocurrency Exchanges Opening in Thailand, SEC Warns Approvals Needed read more.
11/18/2018 / 01:20:31
Ccn Neutral - Monero: Unsung Crypto Developer Wins Prestigious Award read more.
11/18/2018 / 00:15:13
Ccn Neutral - Crypto’s Too Expensive? Binance Sent $600 Million in Bitcoin for Just $7 read more.
11/17/2018 / 23:20:20
Bitcoinist Neutral - Heat Your Home or Business With a Mining Rig read more.
11/17/2018 / 23:00:50
Cryptoglobe Neutral - Azerbaijan Won’t Issue a State-Backed Cryptocurrency, Central Bank Reveals read more.
11/17/2018 / 23:00:31
Livebitcoinnews Neutral - DASH Sent Three Million Transactions in a One-Day Stress Test read more.
11/17/2018 / 23:00:14
Cointelegraph Neutral - Ripple Continues to Rebound, While Most Major Cryptocurrencies See Mild Wave of Red read more.
11/17/2018 / 22:52:00
Ccn Neutral - Litecoin’s Franklyn Richards Says Cryptocurrency Will Be Institutionalized — And That’s OK read more.
11/17/2018 / 22:01:55
Cryptoglobe Neutral - UK Regulator Warns of Fraudulent Crypto Website Posing As Established UK Investment Firm read more.
11/17/2018 / 21:30:36
Themerkle Neutral - Bitcoin Price Watch: Is the Currency Set to Drop Even Further? read more.
11/17/2018 / 21:24:56
Bitcoin.Com Positive - The Cobo Vault Hardware Wallet Will Outlive You read more.
11/17/2018 / 21:20:12
Cryptopotato Neutral - HODL: World’s First Crypto ETF Goes Live Next Week read more.
11/17/2018 / 20:46:40
Ccn Neutral - New York: DFS Grants BitLicense to Crypto Custodian read more.
11/17/2018 / 20:45:20
Themerkle Neutral - XRP Price Heads to $0.5 as Market Cap Gap Over Ethereum Widens read more.
11/17/2018 / 20:12:14
Cryptoglobe Neutral - Job Data: More Empoyers Looking for Blockchain Devs, Interest Waning read more.
11/17/2018 / 20:00:42
Bitcoinist Neutral - How To Buy S&P 100 Stocks With Bitcoin read more.
11/17/2018 / 20:00:06
Livebitcoinnews Neutral - Ripple’s XRP Leapfrogs Past Ethereum Marketcap by More Than $1 Billion read more.
11/17/2018 / 20:00:03
Themerkle Neutral - Hashrate of BCHABC and BCHSV Nearly Reaches Parity Ahead of Network Stress Test read more.
11/17/2018 / 19:55:38
Cointelegraph Neutral - ‘Bitcoin’s No Longer Boring,’ Price Heading Towards $1.5K, Say Bloomberg Analysts read more.
11/17/2018 / 19:40:00
Ccn Neutral - $50 Million ICO Lands Crypto Lender SALT in Hot Water with SEC: WSJ read more.
11/17/2018 / 19:35:25
Cryptoglobe Neutral - Defendant in First ICO Fraud Case Pleads Guilty read more.
11/17/2018 / 19:20:45
Bitcoin.Com Neutral - Crypto Experts From Sanctioned Countries to Receive Training in Crimea read more.
11/17/2018 / 19:20:08
Ccn Neutral - Hash Wars: Calvin Ayre & CoinGeek Refuse to Concede Defeat in Bitcoin Cash Fork Fight read more.
11/17/2018 / 18:30:31
Cryptoglobe Neutral - Bitcoin Bull Tom Lee Cuts His Year-End Bitcoin Price Prediction to $15,000 read more.
11/17/2018 / 18:30:02
Ccn Neutral - Crisis: After $30 Billion Invested, Most Crypto ICOs Have Nothing to Show read more.
11/17/2018 / 17:48:07
Trustnodes Neutral - Switzerland Green Lights World’s First Crypto ETF to be Listed Next Week read more.
11/17/2018 / 17:32:46
Bitcoin.Com Neutral - Another ‘Satoshi Message’ Attempts to Sway Public Opinion, But Fails read more.
11/17/2018 / 17:20:25
Cointelegraph Neutral - Fundstrat’s Tom Lee Predicts Bitcoin Recovery, But Lowers End-Year Target to $15K read more.
11/17/2018 / 17:19:00
Cryptoglobe Neutral - Target Claims Bitcoin Scam Tweet Came Through Hacked Third-Party Provider read more.
11/17/2018 / 17:00:53
Livebitcoinnews Neutral - Eight Arrested in Japan on Suspicion of Running Multi-million-dollar Crypto Pyramid Scheme read more.
11/17/2018 / 17:00:30
Coinnounce Neutral - Why Bitcoin Cash SV is the real winner of the Hash War read more.
11/17/2018 / 16:48:31
Cointelegraph Neutral - CryptoRuble: How Stable Could Russian National Stablecoin Be? read more.
11/17/2018 / 16:32:00
Themerkle Neutral - Exchanges Start Labeling BCHABC as “BCH” Despite Ongoing Hash War read more.
11/17/2018 / 16:30:18
Blokt Neutral - White Company’s Blockchain AI Division Acquired by Apis Capital Management read more.
11/17/2018 / 16:29:31
Coinnounce Neutral - Bitcoin Cash BCH Hash Wars: Who is winning? read more.
11/17/2018 / 16:15:20
Cryptoglobe Neutral - Bail Bloc is Donating Monero to Bail Out Detainees in ICE's Pre-Trial Incarceration read more.
11/17/2018 / 15:45:40
Ccn Neutral - Debunked: Top European Central Bank Official’s False Arguments Against Bitcoin read more.
11/17/2018 / 15:35:45
Bitcoin.Com Neutral - Hash Wars: BCH Proponents Confident a Resolution Is in Sight read more.
11/17/2018 / 15:15:51
Cointelegraph Neutral - ICO Performance in Q3 2018 Saw ‘Overall Disappointment,’ Study Shows read more.
11/17/2018 / 15:13:00
Cryptoglobe Neutral - Bitcoin Cash Civil War, Day 2 Recap read more.
11/17/2018 / 15:10:45
Trustnodes Neutral - Bitcoin at a $100 Premium Against Brexit Pound read more.
11/17/2018 / 14:49:24
Themerkle Neutral - New Bitcoin ABC Client Introduces a Controversial Checkpointing System read more.
11/17/2018 / 14:30:27
Cryptoglobe Neutral - Venezuela's Largest Department Store is Accepting Bitcoin Payments read more.
11/17/2018 / 14:15:14
Livebitcoinnews Neutral - NYDIG Gets License to Operate Cryptocurrency Business in New York read more.
11/17/2018 / 14:00:07
Negative
3.6%
Neutral
94.9%
Positive
1.4%
Mixed
0.1%

Latest comments:

4 min
Hey Sam, how is it going? But I must explain to you how all this mistaken idea of denouncing of a pleasure and praising pain was born
3 min
Pretty good. Doing my homework.. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because
2 min
Any chance to go out? To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage
2 min
.. Maybe 40-50 mins. I don't know exactly. On the other hand, we denounce with righteous indignation and dislike men who are so beguiled
1 min
Anyway sounds great! These cases are perfectly simple and easy to distinguish.