Arbitrage opportunity as Monero trades with a 10% premium on the streets
Multiple cryptocurrency exchanges started delisting Monero (XMR) due to its privacy features, which have created arbitrage opportunities in parallel markets. In particular, Monero is already the third most traded currency against Bitcoin (BTC) in the popular peer-to-peer no-KYC platform Bisq. The “privacy-by-default” cryptocurrency slightly loses in volume for the U.S. dollar (USD) and the euro (EUR) on Bisq. As of this writing, the “Street Price” index on monero.boats calculate a $156.75 price for XMR. This index refers to coins being traded more organically, like cash, as if they were exchanged on the street. Picks for you 2 cryptocurrencies to reach $5 billion market cap in the first half of 2024 29 mins ago Kiyos...