Arbitrage
By CoinGecko | Updated on Mar 03, 2020
A practice of taking advantage of differences in price of the same commodity in two or more markets or exchanges. For example, cryptocurrency prices on Korean exchanges can be different from those on US exchanges. An arbitrage trader would be in both markets in order to buy in one and sell in another for profit.
Related Terms
Arbitrage
A strategy where investors buy a currency in a market and sell it at a higher price in another market to gain profit.
Tangle
The name for IOTA's Directed acylic graph (DAG) based transaction settlement layer.
Transactions Per Second (TPS)
It is number of transactions done per second. For example, there are 10 transactions of Bitcoin done in 1-minute. The TPS would be 10 transactions/60 seconds = ~0.17 TPS.
Genesis Block
It is the first block of data that is processed and validated to form a new blockchain, typically called as 'block 0' or 'block 1'.
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