What is cryptocurrency arbitrage?
Arbitrage is a strategy that takes advantage of price differences for the same asset in different markets or exchanges. In the context of cryptocurrencies, it involves buying a digital asset on an exchange where its price is lower and selling it on another exchange where its price is higher, profiting from the price discrepancy.
Arbitrage has become attractive due to the high volatility of the cryptocurrency market and the decentralization of exchanges, which can lead to pricing inefficiencies.
Is cryptocurrency arbitrage allowed on DolarApp?
Cryptocurrency arbitrage is not without legal risks, and for this reason, cryptocurrency arbitrage is not permitted on DolarApp, and any suspicion of such activity will result in your account being reviewed.
If you have any questions, feel free to contact our support team via the chat available in the app or by emailing help@dolarapp.com.