📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
What is arbitrage? Why is it so profitable?
Arbitrage is the practice of making a profit by exploiting the price differences of cryptocurrencies across different exchanges or markets. For example, if Bitcoin (BTC) is selling for $60,000 on exchange A and $60,600 on exchange B, you buy on A and sell on B, easily pocketing a $600 profit after deducting fees!
Why are arbitrage profits attractive?
- Market fragmentation: Hundreds of exchanges worldwide, prices often out of sync, many arbitrage opportunities.
- High Volatility: The price of the currency fluctuates dramatically, with price differences that can reach 1%-5%, amplifying profit potential.
- 24/7 Open: The crypto market operates around the clock, allowing you to seize opportunities at any time.
How great is the potential?
Assuming you use $10,000 for cross-exchange Arbitrage, capturing a 1% price difference, and after deducting a 0.2% transaction fee, you net $80 per trade. If you operate several times a day, the annualized return could reach 10%-20%! The larger the capital, the more astonishing the compound growth!