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RE: Steemit Crypto Academy Contest / S3W4 – Cryptocurrency Trading by @temitopef
Arbitrage bots that identify a crypto's price differences across exchanges, buy where it is low, and sell where it is high to make a profit for a trader.
The arbitrage bots use the differences in cryptocurrency prices across different exchanges to a very great advantage on the path of its user. These arbitrage bots gives higher returns on trades to its users compared to its other bot types.