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What is a cryptocurrency exchange & how does it work?

An exchange is a centralized platform that holds your cryptocurrency. Transferring crypto to a wallet means you hold the private keys to your digital assets, giving you full control over them. Many exchanges charge a fee for withdrawing your cryptocurrency, besides the fees when you buy crypto.

How to transfer crypto between exchanges?

To transfer crypto between exchanges, you need to have accounts with both exchanges. You should also ensure that the exchange you are sending the crypto to supports the coin or token you want to use. You will need to provide the crypto wallet address of the receiving exchange to which you will transfer the crypto.

What is crypto cross-exchange arbitrage?

Crypto cross-exchange arbitrage is the process of making a profit by capitalizing on price differences of a particular asset on different crypto exchanges. Crypto arbitrage between exchanges is conducted on different platforms offering non-matching prices. We can split cross-exchange arbitrage into three categories:

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