Exploring the so-called ‘3-way arbitrage'trading strategy on Binance crypto currencies. Is this hype or could it be profitable? Just what a concept! Make 3 trades in rapid succession when you find favorable exchange rates and voila! Profits in seconds and no connection with volatility. How does this work? Let's break this down utilizing a ridiculously simple bartering scenario. Once we exchange one crypto-currency for another we're bartering or exchanging fungible assets. Let's image these scenario: Jane has 10 almonds Will has pineapples and will trade each for 5 almonds Christine has mangoes and will trade evenly for a pineapple Xavier has almonds and will trade 6 for each mango So in this arbitrage opportunity, Jane trades 10 almonds for 2 pineapples, and these for 2 mangoes which in turn she trades for 12 almonds. She has profited 2 almonds through these trades due to anomalies in the exchanges . Above is the same form of 3-way arbitrage with crypto arbit