Which cryptocurrencies are commonly used for arbitrage trading?

3 answers

• Soham SahaSep 05, 2025 · 2 months ago
  Arbitrage traders commonly use cryptocurrencies with high liquidity and trading volume, such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies are widely available on multiple exchanges, making it easier to execute arbitrage trades and take advantage of price discrepancies. Additionally, stablecoins like Tether (USDT) and USD Coin (USDC) are also popular choices for arbitrage trading due to their pegged value to fiat currencies, providing a stable base for trading and reducing the risk of price volatility.
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• DschKMar 07, 2025 · 8 months ago
  When it comes to arbitrage trading, Bitcoin (BTC) is often the go-to cryptocurrency. Its high liquidity and widespread adoption make it an ideal choice for taking advantage of price differences across exchanges. Other popular cryptocurrencies for arbitrage trading include Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have a significant trading volume and are available on multiple exchanges, allowing traders to capitalize on price discrepancies and make profits from the market inefficiencies.
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• Ashutosh Narayan ShuklaJul 26, 2020 · 5 years ago
  As an expert in the cryptocurrency industry, I can tell you that arbitrage traders commonly use cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) for their trading strategies. These cryptocurrencies have high liquidity and are widely traded on various exchanges, providing ample opportunities for arbitrage. Additionally, stablecoins like Tether (USDT) and USD Coin (USDC) are also popular choices due to their stable value and ease of transfer between exchanges. However, it's important to note that the choice of cryptocurrencies for arbitrage trading may vary depending on market conditions and individual trading strategies.
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