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
Algorithm
Algorithm is a set of rules to follow to solve a problem or conduct a task.
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Trustless
Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.
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