Post
Topic
Board Bitcoin Discussion
Re: Currency is not the same price, you can buy low and sell high profit?
by
Somail12
on 17/08/2021, 21:35:59 UTC
Recently, the price of Bitcoin has fluctuated sharply, and arbitrage windows have appeared on many exchanges. The price of Bitcoin on Binance is US$47,000, while on some exchanges in South Korea, the price of Bitcoin is US$51,000. If you buy in Binance and then sell in South Korea, you can make a profit of $4,000. I am considering doing this. I want to hear your opinion. Huh


There are lot of things that you need to consider to do arbitrage trading. For some exchange, they require you to do strict KYC check and of course for every transaction. how much time it will take to confirm your transferred funds. Bot can also manipulate pricing. I tried it before but it didnt work for me. Sad