Crypto Arbitrage Bot Script What is arbitrage? Arbitrage is the practise of simultaneously buying a commodity (in this case a quantity of cryptocurrency) for a lesser price from one exchange and then selling it at a higher price on a different market.
What is a Crypto Arbitrage Bot Script? A Crypto arbitrage bot is programmed to analyse different markets it is connected to and then chooses the cryptocurrency exchange that has the lowest price for the cryptocurrency that it is configured to purchase and then goes ahead with the purchase, simultaneously it identifies the exchange where the cryptocurrencies are sold for a higher price as well and then places a sell order there as well. The cryptocurrency arbitrage bot script allows anyone to start a cryptocurrency arbitrage bot platform that lets users to sign up for the service and trade across different exchanges that are compatible.
Why should anyone use the Crypto Arbitrage Bot script? While Cryptocurrency is indeed booming, the prices at this stage keep fluctuating drastically and sometimes, the best trading prices come up while you're asleep. Across the markets, there are people who sell the cryptocurrency at lower prices, you can take advantage of that if only you were trading round the clock