Post
Topic
Board Bitcoin Discussion
Re: Currency is not the same price, you can buy low and sell high profit?
by
Wakate
on 23/08/2021, 22:06:31 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
This ironical and the difference in price usually balance within minutes, and I don't think Binance could stand that low to allow such thing to happen to them when they know that they are the best. Even though it's not on Binance it's happening, please don't waste your time cause this might be a trick especially to those exchanges that has no worth and does not k ow there right from there left. This might be a means to stock investors who are greedy into there shity exchange entrapping funds inside there exchange.