Post
Topic
Board Trading Discussion
Re: Buy BTC at one exchange, sell it more expensive at another?
by
matchi2011
on 20/06/2017, 18:14:55 UTC
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!
There was a time when in was actually doing this a lot but nowadays, with the transaction fees swaying upwards with the rise of btc, i don't do it anymore. For example in yobit, from 0.0005 it went up to 0.0015 to transfer any amount of btc to polo. That's pretty expensive so i just transfer to my wallet now just to withdraw.