December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
Let's start with a brief explanation:
What is crypto arbitrage?
In simple terms, crypto arbitrage is a strategy to take advantage of the price difference of a crypto coin on two different exchanges. We buy the coin on an exchange that offers a lower price and sell it on another exchange at a higher price. The principle is similar to buying an item at a store for a cheaper price and reselling it at another store for a higher price.
📈 Example: Let's say we buy $ETH for $5000 on exchange "1" and then sell the same $ETH on exchange "2" for $5500. The profit we get is $500. This sounds simple, but it requires fast execution and the ability to move funds between exchanges quickly.