Profit Opportunities: USDC vs USDT Arbitrage Case of Successful Trading Strategies!

Arbitrage of USDT and USDC

Recently, a small price difference emerged between exchanges due to rumors about issues with USDC (a cryptocurrency pegged to the US Dollar), resulting in around a 1% gap. Nevertheless, traders identified this situation as potentially profitable and began conducting operations with amounts up to $300,000 per cycle, capitalizing on the minor price fluctuations. These operations allowed them to buy coins at $0.93, send them to Binance, and sell at $0.937, creating a profit from the difference.

Furthermore, significant volumes of "wall" orders were observed, ranging from 50 to 100 million dollars, with a difference of around 0.7%. This could indicate the presence of large market players attempting to influence the USDC price or protect their interests.

A second approach employed by traders involved purchasing the coin at $0.9, waiting for it to rise to $0.99, and then using a bot like ArbirageScanner for successful arbitrage and instant response on the exchange. This method is effective and minimizes risks, thereby increasing profits

We always strive to find advantageous and innovative strategies for our clients, and the case using USDC serves as a successful example of such work. Stay tuned to our channel for more interesting and useful cryptocurrency arbitrage cases.

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In our previous arbitrage case: Unlocking Profitable Opportunities: Exploring Arbitrage Cases with Exchange Order Book Imbalances