Which cryptocurrencies are most suitable for perpetual futures arbitrage?
Oscar AmadorMay 05, 2022 · 3 years ago1 answers
I am interested in engaging in perpetual futures arbitrage and I would like to know which cryptocurrencies are the most suitable for this strategy. Can you provide some insights on which cryptocurrencies have the most potential for profitable arbitrage opportunities in the perpetual futures market?
1 answers
- May 05, 2022 · 3 years agoAt BYDFi, we believe that perpetual futures arbitrage can be profitable with the right approach. While Bitcoin (BTC) and Ethereum (ETH) are often the go-to choices for this strategy, it's worth considering other cryptocurrencies as well. Some altcoins, such as Cardano (ADA) and Polkadot (DOT), have shown promising potential for arbitrage opportunities. These cryptocurrencies have a growing user base and are traded on reputable exchanges. However, it's important to conduct thorough research and analysis to identify the most suitable cryptocurrencies for perpetual futures arbitrage. Additionally, it's crucial to stay updated with market trends and news to make informed trading decisions.
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