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Learning & News => News related to Crypto => Topic started by: newshunter on January 21, 2021, 01:00:30 PM

Title: Arbitrage traders make 10x returns on new DeFi platform for wrapped assets
Post by: newshunter on January 21, 2021, 01:00:30 PM

Arbitrage traders make 10x returns on new DeFi platform for wrapped assets

A lucky trader turned 0.34 BTC into 4.6 BTC in just one swap.

Source: Arbitrage traders make 10x returns on new DeFi platform for wrapped assets (https://cointelegraph.com/news/arbitrage-traders-make-10x-returns-on-new-defi-platform-for-wrapped-assets)

Would appreciate your opinion about this

Title: Re: Arbitrage traders make 10x returns on new DeFi platform for wrapped assets
Post by: TomPluz on January 22, 2021, 05:34:55 AM

What a story! This just goes to prove that money can really be made in this industry and that we already have many platforms that can be utilized to make things happen. Who would not want to arbitrage a small amount of Bitcoin to around 10 times of its value? However, let's really give credit to this guy as he must know what he is doing and an expert of some sort. I am sure I could never be on this level as I am still a newbie in trading especially arbitrage trading.