Hey there,
is it possible to buy BTC cheaply at one exchange and sell it more expensive at another one? It seems to me that it might be actually possible.
What are challenges? Are people doing this?
Thank you!
Yes , ofcourse many people are doing this and many of them are making big earning in day trading with Bitcoin only .
But if the price change from.exchange to exchange are big then you can make profit but needed to bulk transaction otherwise you will not get much profit . Because of the fee from exchange to exchange .
Second WY is to make a group of best and trusted bitcoiners from the whole world and get trust with them and make direct buy and sell without much fee with the non reversible payment methods ( because most of the times the price get changed from country to country ) so more better to make your own community of international friends .
Here I myself made about 350$ in one week with the difference in the price from exchange to exchange and change in price from country to country . So you can also do like we are doing .