Post
Topic
Board Marketplace (Altcoins)
Prices at different exchanges - Arbitrage
by
BTCBoss071
on 09/11/2017, 17:33:15 UTC
Hello,
I am new into crypto but am learning day by day. I was looking at multiple exchanges in which each have coins trading at different prices. (On coinmarketcap)
For example I am looking at LTC...
Currently its traded LTC/BTC at around $63.40 at all major exchanges, but when I look at the highest price I see LTC/BTC $93.65 at Braziliex with a low volume of 1,213. I know this is very low volume compared to all other major exchanges but did this person just get lucky to sell his coin $20 higher than the market price?
Is there a market to look at alt coins and price dependencies between exchanges and take the arbitrage?
Sorry as I am new, thanks for any help or overview you can provide.