Bitcoin is a digital currency traded on different exchanges for different prices; this feature implies important issues about arbitrage opportunities. In this paper we investigate whether strong or weak form of arbitrage strategies are indeed possible by trading across different Bitcoin Exchanges. Our investigation, both theoretically and practically, gives as a result that arbitrage is indeed possible.
Is arbitrage possible in the bitcoin market? (Work-In-Progress Paper)
Bistarelli, Stefano
;Cretarola, Alessandra;Figà-Talamanca, Gianna;Mercanti, Ivan
;Patacca, Marco
2019
Abstract
Bitcoin is a digital currency traded on different exchanges for different prices; this feature implies important issues about arbitrage opportunities. In this paper we investigate whether strong or weak form of arbitrage strategies are indeed possible by trading across different Bitcoin Exchanges. Our investigation, both theoretically and practically, gives as a result that arbitrage is indeed possible.File in questo prodotto:
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