Which cryptocurrencies are most commonly traded using triangular arbitrage strategies?

3 answers

• H297_ Vera Alissiya PutriApr 08, 2024 · a year ago
  Sure! Triangular arbitrage is a popular trading strategy in the cryptocurrency market. Some of the most commonly traded cryptocurrencies using this strategy include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have high liquidity and are available on multiple exchanges, making them ideal for triangular arbitrage opportunities.
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• shotbroJan 10, 2021 · 5 years ago
  When it comes to triangular arbitrage, Bitcoin (BTC) is definitely one of the top choices for traders. Its high trading volume and widespread availability across exchanges make it a prime candidate for this strategy. Other popular cryptocurrencies for triangular arbitrage include Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These digital assets offer ample opportunities for traders to exploit price differences between exchanges.
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• Jessica StewardMay 25, 2023 · 2 years ago
  According to a study conducted by BYDFi, a digital currency exchange, the most commonly traded cryptocurrencies using triangular arbitrage strategies are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have a large user base and are widely accepted, making them attractive for traders looking to capitalize on price discrepancies across different exchanges.
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