| Potential Triangular Arbitrage between BTC, DOGE, BRC on Yobit Exchange |  |
| Start | Buy | | Buy | | Buy | End | | |
BTC 100 | BRC 0.0000007558 132312120 | | DOGE 4.695 28182482 | | BTC 228833 123.16 | 23.16 23.16 |
BTC 100 | DOGE 0.000004371 22880596 | | BRC 0.2130 107424398 | | BTC 1315789 81.64 | -18.36 -18.36 |
BRC 100 | DOGE 4.695 21.30 | | BTC 228833 0.00009308 | | BRC 0.0000007558 123.16 | 23.16 23.16 |
BRC 100 | BTC 1315789 0.00007600 | | DOGE 0.000004371 17.39 | | BRC 0.2130 81.64 | -18.36 -18.36 |
DOGE 100 | BRC 0.2130 469.50 | | BTC 1315789 0.0003568 | | DOGE 0.000004371 81.64 | -18.36 -18.36 |
DOGE 100 | BTC 228833 0.0004370 | | BRC 0.0000007558 578.20 | | DOGE 4.695 123.16 | 23.16 23.16 |
Above are the different combinations of the triangular flow of executions between Bitcoin, Dogecoin, and BRC on Yobit exchange. A triangular arbitrage with cryptocurrencies occurs when a given coin's exchange rate does not match the cross-exchange rate of that coin to another counter currency. The price discrepancies generally arise from situations when one coin is overvalued while another is undervalued. Please note, we use the market (spot) prices between cryptocurrency pairs. You should use real-time bid and ask prices obtained directly from the Yobit marketplace in a real situation.
Triangular intra-exchange arbitrage could be appealing because it happens entirely on a single exchange,
unlike other arbitrage strategies that involve trading across multiple exchanges. To find profitable opportunities
among the given 3-coin combinations below, we can determine if a cross-rate is overvalued.
If there is a price discrepancy when trading between selected assets, we can generate risk-free profit
if the orders are performed correctly, respecting all transaction fees.
We could not find a lot of information about this exchange - be careful when dealing with them. They have the following features: User-friendly interfaceFull Trade page at the screen without scrollingImmediate cryptocurrency deposit / withdrawalYobiCodes (deposit codes)Api in btc-e format for faster integration into bot-systems; Two-factor authentication (Google Authenticator, email); Lottery. DICE. On the security side they say they have: File systems encryptionSSLAnti-ddosIntelligent system of queer transaction analysis and blocking; Real time encrypted data backup; Cold/hot wallets. Yobit exchange native tokens are Yobit Token (YO) and YobitVirtualCoin (YOVI). Telegram
Triangular arbitrage of digital assets is a trading technique that tries to profit from a price difference between three
different coins on the same cryptocurrency exchange or across different markets.
Sophisticated traders did triangular arbitrage for many years in the forex markets, and it can also
be applied to cryptocurrency markets.
Cryptocurrency arbitrage is the process of taking advantage of inefficiencies in markets. With cryptocurrencies, this can happens more
often as the price of coins fluctuates over time and differs on different exchanges against the homogenous counter currency.
If there is a difference between the cost of an asset across other exchanges (or even potentially within the same market),
it may be possible to buy and sell the same coin in a way that will result in a net profit. A triangular arbitrage opportunity is a
trading strategy that exploits the arbitrage opportunities that exist among three currencies on a single exchange or across multiple exchanges.
The triangular arbitrage is found during the exchange of one coin to another when there are discrepancies in the listed prices for the given
counter currency.