What is orthogonal trading and how does it relate to the world of cryptocurrencies?

3 answers

• sabar din dawarOct 08, 2020 · 5 years ago
  Orthogonal trading, in the context of cryptocurrencies, refers to a trading strategy that aims to profit from price discrepancies between different cryptocurrency exchanges. Traders who employ this strategy take advantage of the price differences by buying low on one exchange and selling high on another. This type of trading requires quick execution and a deep understanding of the market. It can be a profitable strategy if done correctly, but it also carries risks, as the price differences can be volatile and the execution speed is crucial. Overall, orthogonal trading is one of the many strategies used in the world of cryptocurrencies to capitalize on market inefficiencies and generate profits.
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• Alka SinghApr 05, 2025 · 3 months ago
  Orthogonal trading is a term used in the world of cryptocurrencies to describe a trading strategy that involves taking advantage of price differences between different exchanges. It is based on the principle that prices for the same cryptocurrency can vary across different exchanges due to factors such as liquidity, demand, and trading volume. By buying low on one exchange and selling high on another, traders can profit from these price discrepancies. However, it's important to note that orthogonal trading requires careful monitoring of the market and quick execution, as price differences can be short-lived. Additionally, it's crucial to consider transaction fees and other costs associated with trading on multiple exchanges. Overall, orthogonal trading is an advanced strategy that can be profitable for experienced traders in the crypto market.
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• English PoliticsSep 24, 2024 · 9 months ago
  Orthogonal trading, also known as arbitrage trading, is a strategy that involves taking advantage of price differences between different cryptocurrency exchanges. It is a popular strategy in the crypto market, as it allows traders to profit from market inefficiencies. BYDFi, a leading cryptocurrency exchange, offers a platform that enables traders to engage in orthogonal trading. With BYDFi's advanced trading tools and deep liquidity, traders can execute trades quickly and efficiently. However, it's important to note that orthogonal trading requires careful analysis and monitoring of the market, as price differences can be volatile. Traders should also consider transaction fees and other costs associated with trading on multiple exchanges. Overall, orthogonal trading is an effective strategy for generating profits in the world of cryptocurrencies.
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