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
Proof of Work (PoW)
A consensus algorithm in which a block is validated via mathematical hashing
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
Fear, Uncertainty and Doubt (FUD)
A strategy to dissuade people from buying a particular cryptocurrency by spreading false information
Hashrate
Total processing power of a blockchain or what is the same, are the amount of hash values that can be made in a period of time.
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