Post
Topic
Board Altcoin Discussion
Re: Altcoin conversion to earn the difference
by
avikz
on 17/02/2021, 13:59:58 UTC
This trading practice is known as arbitrage. Where traders benefit from the price differences between exchanges. It is very much possible and I personally have done it quite a few times back in 2016 - 2018! The number of exchanges were somewhat low at that time and it was easier to track the price differences. But nowadays there are bots available for such jobs. I have never used such bots but I am sure someone can help you with this. You just need a lot of money to put on both exchanges so that you can execute the trades in smallest time possible!