Interested In Arbitrage? Check Out BTG, XLM, XMR, XEM, DASH, And LISK  - Crypto Coin Press - Crypto News, ICO's, Analysis, Live Prices

Interested In Arbitrage? Check Out BTG, XLM, XMR, XEM, DASH, And LISK 

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In the cryptocurrency industry arbitrage isn’t an unusual thing. In fact, it’s also common with traditional financial assets. There are so many cryptocurrency trading platforms out there and while their prices may be similar, they are often slight differences that will provide an opportunity when you’re buying in bulk. If you’re a fan of arbitrage, these are some of the coins you can take advantage of today:

Bitcoin Gold (BTG)

At a glance, Bitcoin Gold may not look like a short-term profitable project. While this is true, you can make profit on it using arbitrage. Right now, HitBTC, and Koineks are selling BTG with a significant gap that gives you the perfect opportunity for arbitrage. Both exchanges aren’t known for their liquidity. However, keep in mind that the withdrawal fee on HitBTC is high compared to the fee on Koineks. So, when you’re trying to arbitrage, put this into account.

Stellar (XLM) Price Today – XLM / USD

Name Price24H (%)
$6,476.99 -0.29%
$0.234824 -1.78%

Stellar Lumens (XLM)

Right now, there is an opportunity for arbitrage for Stellar (XLM) on KuCoin and Kraken. The XLM coin is always a good option for arbitrage trading since most exchanges have price discrepancies from time to time. Right now, Kraken is selling at a lower price while KuCoin is selling at a higher price. You can easily buy XLM from Kraken and sell on KuCoin to make profit.

Monero (XMR)

Monero (XMR) is also hot for arbitrage on Kraken for buying and selling it on Bittrex or Poloniex for a profit. Kraken typically sells at a lower price because it has less liquid offering than other exchanges. You can also sell on HitBTC but the high withdrawal fees might eat into the profit.

Monero (XMR) Price Today – XMR / USD

Name Price24H (%)
$6,476.99 -0.29%
$105.83 -1.07%

NEM (XEM)

You can gain arbitrage revenue from XEM by buying it and selling between YoBit, Koineks and LiveCoin. These exchanges are perfect for making a profit out of XEM. Each of them sell XEM at a different price so you can check them all out and consider buying from the cheapest and selling at the highest price.

NEM (XEM) Price Today – XEM / USD

Name Price24H (%)
$6,476.99 -0.29%
$0.096127 -2.17%

Dash (DASH)

Today, there is a perfect opportunity to gain arbitrage revenue from trading Dash. Kraken currently has the lowest price for Dash. You can buy the cryptocurrency on Kraken and sell it at a higher price on YoBit, Bittrex or Poloniex. The gap between Kraken and these exchanges is impressive. You’ll not need to wait for a change in the market momentum before you make profit.

Dash (DASH) Price Today – DASH / USD

Name Price24H (%)
$6,476.99 -0.29%
$155.00 -1.62%

Lisk (LSK)

Lisk (LSK) has a high volatility across exchanges. The trading volume isn’t always in line with this price fluctuations. This gives users the perfect opportunity for arbitrage. Right now, the discrepancy between YouBit and Poloniex provides is significant. However, you may be unable to trade a significant quantity of LSK back and forth on YoBit because of the high trading volume on the platform.

Lisk (LSK) Price Today – LSK / USD

Name Price24H (%)
$6,476.99 -0.29%
$2.90 -3.35%

These are the six arbitrage opportunities available today. You can take advantage or either one or all of these opportunities and make a profit even in a bearish market.

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SEE ALSO: In The Third Quarter Of 2018, Ripple Reports Double Revenue From Selling XRP

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