Altcoin Arbitrage Today: USDT, DOGE, EOS, XLM, LTC, ZEC

Every day is a good time to make money with cryptocurrencies, tokens, and digital assets. Although the overall momentum has turned rather bearish once again, this will also create new price gaps waiting to be explored by traders. The following markets are well worth keeping an eye on in search of profits, as the current price gaps can potentially widen as more time progresses.

ZCash (Bittrex / Poloniex / Gobaba)

A fair few interesting ZCash-related price gaps are popping up between different trading platforms. A healthy 2.04% price gap exists between Bittrex and Bitfinex. Smaller gaps are worth exploring as well. ZEC prices on HitBTC, Poloniex, and Gate are lower compared to Gobaba. While the difference may be just 0.8%, this can still result in some pretty decent profits when performing many trades throughout the day.

USDT (Bittrex / Sistemkoin)

There has been some minor controversy regarding Tether’s USDT today, although it seems there is nothing to be overly concerned about as of right now. What is more interesting to keep an eye on, however, is the USDT price gap between Bittrex and Sistemkoin. A profit of 0.96% can be pocketed from every trade, which is a respectable amount. There is still a huge demand for USDT, thus liquidity shouldn’t pose any issues.

Dogecoin (HitBTC / Gate / LiveCoin)

Every time a Dogecoin price gap presents itself, taking advantage of this opportunity becomes paramount. There is a lot of good money to be made where this popular currency is concerned. The value per DOGE on HitBTC and Gate is lower compared to Livecoin. Potential profits range from 1.6% to 2.1% per trade. Another good moneymaking opportunity in the cryptocurrency world, despite the overall market momentum.

EOS (Binance / KuCoin / Gobaba)

When the bigger alternative markets are subjected to arbitrage opportunities, things start to look rather promising. For today, there are a few different EOS price gaps which can yield up to 1% in profit. The value on Binance, KuCoin, and Gate is lower compared to Gobaba, which makes for rather straightforward trades.

XLM (HitBTC / Binance / EXMO)

There is no shortage of XLM price gaps waiting to be explored today. As long as one is comfortable with selling XLM on EXMo, liquidity can be sourced from virtually any other exchange. HitBTC, Gate, Binance, Kraken, KuCoin, and Bitexen are all viable options in this regard. Whereas most opportunities will yield a profit of over 3%, the Bitexen – EXMO option is subject to just 1.76% in profit. Even so, it is still a very viable option, all things considered.

Litecoin (Bitstamp / Bittrex / Bitfinex)

Litecoin has become subject to price gaps quite regularly as of late, which is pretty interesting to keep an eye on over the coming days and weeks. For today, the silver to Bitcoin’s gold is valued lower on Bitstamp and Bittrex compared to Bitfinex. This option results in potential profits between 1.3% and 2.1%. Users can also flip LTC between Binance and Gobaba for a potential 0.77% gain. Having multiple options to pocket a profit is always a good thing, especially in this industry.

Information provided by Arbing Tool

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency.

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