Alfred Evans
@Alfred.Evans · Updated 31 Mar. 2022

Cryptocurrencies like Bitcoin and Ethereum are huge opportunities, but they can also be a lot of work. One of the easiest ways to make money with cryptos is to buy low and sell high. But that also means constantly checking prices, looking for arbitrage opportunities (where you can buy a cryptocurrency in one place for a cheaper price and sell it in another for a higher price), and merging the social media hustle with your crypto trading. Luckily, some apps and services can help make this part of the process easier. Crypto arbitrage is the process of taking advantage of price differences between different exchanges to make money. For example, suppose you see that one exchange is offering 1 BTC for $2,000, while another is offering 1 BTC for $1,700. You can take advantage of this price difference to buy on the cheaper exchange and sell on the higher-priced exchange to make a profit. This is how many crypto traders make their livings.

Lily Campbell
@Lily.Campbell · Updated 07 Jan. 2022

There are many notoriously volatile cryptocurrencies. For example, in December 2017 Bitcoin jumped from $20,000 to $19,000 in just six days. However, you don't have to be the one making the big moves to make money off of them. Over the past few years, crypto traders have discovered that they can make huge profits by exploiting small price differences between multiple exchanges. However, in some countries, they can be hard to purchase with conventional means. One easy way to get your hands on some crypto is to find a location that has a low currency exchange rate and high buying pressure for crypto, and then buy the crypto at a higher price in the low-demand location and sell it at a higher price in the high-demand location. This is known as “arbitrage”. Cryptocurrencies are complicated, volatile, and can be a lot to understand. That’s why you need a firm like BlockDelta to smooth your path to profitability.