Python tutorial on how to find crypto exchanges arbitrage using the CCXT API

Christopher Collins
Coinmonks

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Image by Roy Buri from Pixabay

What is arbitrage?

Arbitrage is the simultaneous buying and selling of an asset in order to profit from a price difference between two or more markets. For example, if you were to buy a cryptocurrency on one exchange for $100 and then sell it immediately on another exchange for $105, you would have made a profit of $5.

In the world of cryptocurrency, arbitrage opportunities can arise due to a number of factors, including differences in prices between exchanges, differences in trading volumes, and differences in the amount of liquidity available on each exchange. Finding arbitrage opportunities can be a time-consuming and manual process, but there are a number of tools and services that can help.

One such tool is the CCXT library, which provides access to a number of different cryptocurrency exchanges through a single API. In this tutorial, we’ll show you how to use the CCXT library to find arbitrage opportunities between different cryptocurrency exchanges.

Before we get started, there are a few things you’ll need: A list of exchanges that you want to check for arbitrage opportunities. You can find a list of exchanges supported by CCXT here.

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Coinmonks
Coinmonks

Published in Coinmonks

Coinmonks is a non-profit Crypto Educational Publication. Other Project — https://coincodecap.com/ & Email — gaurav@coincodecap.com

Christopher Collins
Christopher Collins

Written by Christopher Collins

I write about coding, crypto, the tech future,please follow my publication https://medium.com/aiwriters/ 😀

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