Cryptocurrency markets never sleep. Prices move quickly across dozens of exchanges, which creates a unique opportunity known as crypto arbitrage . For beginners, this may sound complicated, but with the right approach and free tools , automated strategies can make it easier to get started. What Is Crypto Arbitrage? Crypto arbitrage is the practice of buying a cryptocurrency on one exchange where the price is lower and selling it on another where the price is higher, pocketing the difference as profit. Price discrepancies arise due to differences in liquidity, trading volume, regional demand, or exchange inefficiencies. Automation, often through bots or scripts, helps execute trades quickly to capitalize on these fleeting opportunities. For example: On Exchange A, Bitcoin trades at $26,950 . On Exchange B, the same Bitcoin trades at $27,050 . If you can buy on A and sell on B quickly, you capture that $100 difference. Automation helps because these gaps appear and disappe...
How Long Does a Cryptocurrency Transaction Take and What Happens During the Process? The duration of a cryptocurrency transaction and the detailed process depend on the blockchain network used, network traffic, transaction fees, and confirmation requirements. Typical Transaction Time For example, Bitcoin transactions typically take between 10 minutes to 1.5 hours to be confirmed on the blockchain, with a new block created approximately every 10 minutes. The time can vary depending on network congestion and the fee paid for the transaction — higher fees usually speed up the process by incentivizing miners to prioritize the transaction. Other cryptocurrencies may have faster confirmation times, sometimes just seconds or a few minutes, depending on their blockchain protocol. What Happens During a Crypto Transaction? Transaction Creation: You initiate the transaction by...