Bitcoin Forum

Economy => Trading Discussion => Topic started by: Iris on December 09, 2018, 11:23:46 PM



Title: Arbitrage trading and how to benefit from it
Post by: Iris on December 09, 2018, 11:23:46 PM
Use the price difference between some exchanges:

\- Current buy rate at Bittrex (https://international.bittrex.com/home/markets): $3640

\- Current sell rate at BTC-A-Trade (https://btcatrade.com): $4020


Steps:


1. couple days ago I've sold  10 bitcoins (https://www.blockchain.com/btc/address/3QJvnCi6qcorHfuTW9NRUVhTRdKFjo7djt) at BTC-A-Trade and I got $44K payout (https://cdn.pbrd.co/images/HOSW6Kf.png).
2. then a bit later I bought the same amount of bitcoins for $40K at Bittrex,
3. = which leaves me with $4000 profit.



The same can be done on any other two exchanges if the margin is similar to this one.