I was about to sell some BTG and opened Coinmarketcap and checked the price. I was amused with the price differs at different exchange.
Currently its about 0.0028 btc per btg at 99% of the exchanges, but at Yobit its at 0.0014btc per BTG. why is the big difference in Yobit price?
And can we simply buy at yobit and move those coins to another exchange like hitbtc and sell at double price?
Logically speaking if everything is fine, we can do that and this thing is called arbitrage. But, the problem is YOLOBIT aka YOBIT is not a trustworthy site. They scammed a lot of people, and it is not surprising to see your deposit on hold because of some issue with their wallet.
I have been seeing some people complained about their deposit issue and it has been a year, they have yet to fix it up. Even though everything went normally a few days later, I do not recommend you to go to that scammy site. It is not worth, your time and your money.