Quote from: Wakate on Today at 10:06:31 PM

Quote from: ajhsjzxi on August 16, 2021, 09:16:26 AM

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.

It's true that each exchange usually has a different Bitcoin price, but doing arbitrage trading is not an easy thing to do. We have to take into account
many factors when we are going to do arbitrage, starting from the withdrawal fee and also the estimated time needed. Because usually the price
difference between one exchange and another exchanges moves very quickly, don't let our Bitcoin price drop to no different from the previous exchanges.
Moreover, we move our Bitcoin to exchanges that do not have a good reputation, it will be very risky. I do not recommend making a profit through
arbitrage trading, because the risk that will be faced is too big.