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Title: Trading BTW Exchanges Post by: MrJMassey on April 06, 2013, 05:33:04 AM Here's the good thing about being the new guy... I can ask this question without concern for being flamed.... I hope.
I found multiple exchanges and they each have differing prices for USD/BTC, and sometimes that price difference is tens of dollars or more. So why not just buy on the cheap exchange and then sell on the higher one multiple times per day? I feel like I'm missing something fundamental, or there's a fine print document somewhere I haven't seen. Thanks for reading and please be gentle... J. Title: Re: Trading BTW Exchanges Post by: bitchef on April 06, 2013, 10:08:29 AM It's called arbitrage.
You should do it, just watch out for all the fees. |