Post
Topic
Board Nigeria (Naija)
Merits 2 from 1 user
Re: Arbitraging of BinanceP2P. What do you think?
by
Hyphen(-)
on 01/09/2023, 11:55:06 UTC
⭐ Merited by hugeblack (2)
It will be a profit to some people with huge capital to go for Arbitrage trading, one can buy on Binance and still sell on that same Binance; or buy on Binance and sell on KuCoin but the transaction fee might take the profit if you have low capital.

This price difference is only favorable for people buying with high amounts of money, I filter the price on Binance down to 100k NAIRA and the price increases in the buying order while it decreases on selling order.