Daily Arbitrage Options: Dash, DOGE, XMR, XLM, USDT, LSK

Neutral Daily Arbitrage Options: Dash, DOGE, XMR, XLM, USDT, LSK

Arbitrage is an excellent way of generating revenue from cryptocurrencies during an extended bear market. The year 2018 has offered a rather lengthy bearish market trend, yet the arbitrage opportunities have been rather appealing as well. The following six currencies can yield some healthy profits throughout the day, depending on exchange liquidity.

#6 Lisk (Poloniex / Livecoin / YoBit)

No one will be surprised to note remains an integral part of arbitrage opportunities these days. Every single day, this exchange has higher prices for some coins, whereas values for other currencies are lower compared to other platforms. In today's case, the Lisk price on this exchange is 2-3% higher compared to both Poloniex and Livecoin.

#5 Monero (Poloniex / HitBTC)

It is not all that common to see a Monero opportunity on the market, albeit it remains to be seen how this can be exploited in terms of liquidity. For the time being, buying XMR on Kraken and selling on HitBTC can yield a nice profit. Especially now that HitBTC has lowered XMR withdrawal fees, a bit more profit can be made in quick succession.

#4 Stellar (Kraken / KuCoin / HitBTC)

For users who prefer to dabble with Stellar, there is a small arbitrage gap waiting to be explored at this time. Buying XLM on Kraken will wallow for a sale of Stellar on either KuCoin and HitBTC for a minor profit. Although it is a less than 1% profit, one has to embrace every opportunity with open arms these days.

#3 USDT (Bittrex / KuCoin)

It is somewhat disconcerting to see how USDT still hasn't fully recovered from its price debacle earlier this month. Even in late October, there is an arbitrage opportunity involving this stablecoin, something which shouldn't be possible. Buying USDT on Bittrex and selling it on KuCoin can lead to a 1.35% gain.

#2 Dash (Kraken / HitBTC)

For those who want to explore the safer side of this arbitrage, it is evident buying Dash on Kraken and selling it on HitBTC will yield the better results. There is also an option to buy on Kraken or Poloniex and selling Dash on YoBit for a gain of up to 3%.

#1 Dogecoin (Livecoin / Poloniex / YoBit)

Many things can be said about Dogecoin these days, but it is also subject to arbitrage trading across different exchanges. Its value on YoBit is surprisingly high compared to Livecoin, HitBTC, and Poloniex. Buying on either of those exchanges and selling on YoBit will usually yield a gain of 2.5% or more.

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.

10/30/2018 / 18:12:55 Source: themerkle

Coins | DOGE | Featured | News | altcoins | Arbitrage | Exchanges | | XMR|DASH|USDT|Exchange|Market
BTC
1 BTC=$5,588.83
XRP
1 XRP=$0.4701
ETH
1 ETH=$178.18
XUC
1 XUC=$3.51
BCH
1 BCH=$379.75
EOS
1 EOS=$4.67

News Feed 50

Coindesk Neutral - What We Know About Bitcoin Cash’s Two Blockchains read more.
11/15/2018 / 22:30:13
Bitcoinmagazine Neutral - #Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand read more.
11/15/2018 / 22:28:28
Newsbtc Neutral - Report: ICO Funding Stumbles in Q3, Regulation a Primary Factor read more.
11/15/2018 / 22:00:56
Cryptoglobe Neutral - Exit Scammers Start Refunding Victims' ETH After Being 'Blinded by Money' read more.
11/15/2018 / 22:00:52
Ccn Neutral - Fork Wars: Bitcoin Cash Dev. Warns that CoinGeek Will Attack ABC read more.
11/15/2018 / 21:50:58
Bitcoin.Com Neutral - Miner Abandons Swedish County, Leaves $1.5M in Unpaid Electricity Bills read more.
11/15/2018 / 21:35:26
Cointelegraph Neutral - Microsoft Releases Cloud-Based Azure Blockchain Development Kit read more.
11/15/2018 / 21:29:00
Cryptoinsider Neutral - Daily Crypto Roundup 11/15/2018 read more.
11/15/2018 / 21:22:49
Themerkle Neutral - BCHABC Price Trends Higher as BCHSV Price Drops by 45% read more.
11/15/2018 / 21:17:32
Themerkle Neutral - Is Bitcoin ABC Really Winning the Bitcoin Cash “Hash War”? read more.
11/15/2018 / 21:02:37
Newsbtc Neutral - Bitcoin Cash War Begins: Hash Power of BCH Increasing Rapidly read more.
11/15/2018 / 21:00:17
Livebitcoinnews Neutral - New Data Shows Ethereum GPU Mining No Longer Profitable read more.
11/15/2018 / 21:00:07
Coindesk Neutral - Binance Warns Iranian Traders to Withdraw Crypto Amid Sanctions read more.
11/15/2018 / 21:00:05
Cryptoglobe Neutral - Yandex Survey: 120,000 People Use Cryptocurrencies in Moscow, Russia read more.
11/15/2018 / 21:00:00
Ccn Neutral - Bitcoin Market Cap Slides Below $100 Billion as BCH Fork Spooks Investors read more.
11/15/2018 / 20:53:01
Ccn Neutral - Moscow Residents are Slowly Warming to Crypto Payments: Study read more.
11/15/2018 / 20:09:59
Bitcoin.Com Neutral - Coinbase Ventures Backs Home Crypto Mining Startup Coinmine read more.
11/15/2018 / 20:05:32
Bitcoinist Neutral - Bitcoin Miner ‘Canaan Creative’ IPO Will Not Happen in 2018 read more.
11/15/2018 / 20:00:33
Newsbtc Neutral - European Central Bank Exec: Bitcoin is the “Evil Spawn of the Financial Crisis” read more.
11/15/2018 / 20:00:16
Themerkle Neutral - Is the Bitcoin Cash Fork Having a Negative Impact on the Crypto Space? read more.
11/15/2018 / 19:57:51
Trustnodes Neutral - BCH Races Ahead as Roger Ver Saves the Day read more.
11/15/2018 / 19:54:24
Cryptoinsider Neutral - Interview: Anthony Lusardi (ETC Cooperative) on the uniqueness of Ethereum Classic read more.
11/15/2018 / 19:50:56
Cryptoglobe Neutral - BitGo Adds GUSD (Gemini Dollar) read more.
11/15/2018 / 19:30:00
Ccn Neutral - Bitcoin Cash: ABC Futures Cross $300 in Hard Fork Aftermath read more.
11/15/2018 / 19:25:41
Bitcoin.Com Neutral - Hash Wars: The Bitcoin Cash Hard Fork Has Begun read more.
11/15/2018 / 19:08:29
Themerkle Negative - Bitcoin Price Watch: Currency Falls to Its Lowest Point in A Year read more.
11/15/2018 / 18:57:43
Cryptoglobe Neutral - Bitcoin Cash (BCH) Fork Makes Bitcoin Mining More Enticing - For Now read more.
11/15/2018 / 18:55:47
Cointelegraph Neutral - After Yesterday’s Bloodbath, Losses Continue for Major Cryptos, XRP Overtakes Ethereum read more.
11/15/2018 / 18:53:00
Cryptonewsreview Neutral - Bitcoin Cash fork goes ahead, ABC side is early front runner read more.
11/15/2018 / 18:49:28
Blokt Negative - Bitcoin’s Market Cap Falls Below $100B, Mirrors Crypto Market’s $27.5B Decline In Just 11 Hours read more.
11/15/2018 / 18:44:49
Livebitcoinnews Neutral - Market Value of Bitcoin Falls Below $100 Billion, First Time Since October read more.
11/15/2018 / 18:30:53
Newsbtc Neutral - How Low Can It Go? Bitcoin Settles Below $5,600 as Altcoins Continue to Drop read more.
11/15/2018 / 18:30:49
Ccn Neutral - Breaking: Bitcoin Cash Hard Forks — BCH Hash War Begins read more.
11/15/2018 / 18:16:06
Cryptoglobe Neutral - Prominent Bitcoin Cash Supporter Calvin Ayre Discusses the BCH Fork read more.
11/15/2018 / 18:15:00
Bitcoinmagazine Neutral - Binance Will Support USDC Trading Starting November 17 read more.
11/15/2018 / 18:11:40
Newsbtc Neutral - IMMO Has Denied Rumors of Collaboration With the Rothschilds, and That Is Why We Are Now Surer Than Ever read more.
11/15/2018 / 18:10:38
Coindesk Negative - Bitcoin Cash Just Officially Split Into Two Competing Blockchains read more.
11/15/2018 / 18:05:54
Bitcoin.Com Neutral - Canaan’s Hong Kong Listing Plans in Limbo read more.
11/15/2018 / 18:05:41
Cointelegraph Neutral - European Central Bank Exec Calls Bitcoin the ‘Evil Spawn of the Financial Crisis' read more.
11/15/2018 / 17:47:00
Cryptonewsreview Neutral - Markets wait with trepidation as Bitcoin Cash fork nears; Bitcoin price hit another 2018 low read more.
11/15/2018 / 17:31:46
Cryptoglobe Neutral - LIVE: Here’s What’s Going on at the Time of BCH’s Hard Fork read more.
11/15/2018 / 17:20:11
Cryptopotato Neutral - #Ethereum Price Analysis Nov.15: Will Support Hold? read more.
11/15/2018 / 17:12:00
Cointelegraph Neutral - Russia: Sberbank CEO Says Industrial Scale Blockchain Adoption Is 1-2 Years Away read more.
11/15/2018 / 17:08:00
Newsbtc Neutral - BitMEX CEO Accurately Called $5,000 Bitcoin in August, Is $2,000 Next? read more.
11/15/2018 / 17:00:56
Bitcoinist Neutral - Ripple (XRP) Overtakes Ethereum as Second Biggest Crypto By Market Cap read more.
11/15/2018 / 17:00:48
Coindesk Neutral - This Bitcoin Skeptic Wants to Make ‘Stable’ Cryptos for Venezuela read more.
11/15/2018 / 17:00:41
Cryptoglobe Neutral - IMF's Deputy General Counsel: Asian Countries Are Eager to 'Unlock Benefits' of Fintech read more.
11/15/2018 / 17:00:00
Ccn Neutral - Bitcoin Cash Hard Fork: How Did We Get Here? read more.
11/15/2018 / 16:59:55
Themerkle Neutral - Bitcoin Unlimited vs Bitcoin ABC vs Bitcoin SV – Node & Economic Support read more.
11/15/2018 / 16:53:55
Cryptoinsider Neutral - Without SWIFT, Iran turns to crypto read more.
11/15/2018 / 16:50:23
Negative
3.3%
Neutral
95.2%
Positive
1.3%
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.