Hi everybody,
There are many exchanges at the moment and prices of coins are different on each exchange.
Now I am trying to make profit from this by sending coins between these exchanges,
but there are so many coins, that it would be a good idea to help each other by sharing info
about the best coins to do this with here in this topic.
*The only thing you need to be very careful with, is that some coins are 'in maintenance'
on the exchanges where price may vary.
So always check if coins could be send there and if they could be withdrawn.
*Some may be paired to other coins, so if that's the case, come up with a plan to sell it back,
so the circle can be repeated again.
*Check volume on the exchange sites, as they can be very low and this strategy won't work then.
This is what we call it as arbitrage and it is highly risky than how it looks like now because the prices of coins in exchanges may varies at any time while the coins are in transaction so you will need to pay the transaction fee which also a loss and don't check the prices of the coins from CMC because most of the time the prices from CMC and actual price in that exchange may vary so you need to check the trading volume and price before exchanging coins.