"Is USDT Arbitrage Profitable? Testing the Myth of Making Money through USDT Trading"
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Goddard
How can I make money doing USDT arbitrage with USD?
2023-06-02 00:16
Answer list:：
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Vigour
USDT arbitrage refers to the practice of buying USDT (a cryptocurrency pegged to the US dollar) on one exchange where it is priced lower and selling it on another exchange where it is priced higher, in order to make a profit from the difference in price. This can be done because the price of USDT is usually consistent across different exchanges, but there can sometimes be temporary price discrepancies that allow traders to take advantage of potential profits. While USDT arbitrage can be profitable, it is also risky and requires a high level of expertise and knowledge of the cryptocurrency market.
Release time 2023 06 02