Post
Topic
Board Altcoin Discussion
Re: Tough trading question
by
cvk1992
on 13/12/2017, 12:46:45 UTC
I am afraid you have misunderstood.
I bought a coin at a certain price on the first Exchange and sell the same amount (but not the same coin) for the higher Price on the second Exchange.
i have some on no 1 and no 2. So the amount of the coin from the first Exchange is going to be sold for the same amount but higher Price on the second Exchange whithout being transferred over the blockchain first. that s the part where it s gettin confusing.
i have a margin now. what do i do now? i have received btc. do i have to send the btc to no 1? because of the fee that s crazy. so i convert it to doge send it to no 1 and have that margin received on no 2 on Exchange no 1.
or do i have to send the amount i bought the coin (not btc but the other coin) with from no 1 to no2?
if a solution can be found here that would be really easy Money. also take into account that the coin sold on no 2 was maybe bought for a higher Price. so we Need to Balance that out.
hope somebody can follow me and maybe provide me with steps to follow.