How does arbitrage work in the context of decentralized exchanges (DEX) and centralized exchanges (CEX) in the cryptocurrency market?

1 answers

• Lawal SodiqNov 07, 2020 · 5 years ago
  At BYDFi, we believe that arbitrage plays a crucial role in the cryptocurrency market. In the context of decentralized exchanges (DEX) and centralized exchanges (CEX), arbitrage works by taking advantage of the price differences between these platforms. Traders can exploit the inefficiencies in the market to make a profit. However, it's important to note that arbitrage opportunities may be limited and the potential profits may vary. It requires a deep understanding of the market dynamics and the ability to execute trades quickly. At BYDFi, we provide our users with the tools and resources they need to engage in arbitrage strategies and maximize their profits.
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