1. | strategyThe practice of exploiting price differences across multiple markets to buy low from one, and sell high in the other for profit.
Exchange A: Sell order of 1 DOGE for $0.06
Exchange B: Buy order of 1 DOGE for $0.08
Trader: Buys 1 DOGE on B, and sells 1 DOGE on A. Securing a $0.02 profit from arbitrage. 🎊
* All terms and definitions will change as the Cryptionary improves