CO2 Arbitrage From CoinExchange To ForkDelta

[GabrielKiara]

So good night guys. I want to share something, I find the difference in the price of coin is pretty high on both exchange. Actually I want to do this arbitrage but not enough capital hahaha. So here a details:

ForkDelta Buy Price 0.004761900 CO2/ETH : https://forkdelta.github.io/#!/trade/CO2-ETH
CoinExchange Sell price 0.00242816-0.0035 CO2/ETH https://www.coinexchange.io/market/CO2/ETH ( Most are 0.0035 CO2 / ETH)

Buy price on forkdelta is 0.004761900 CO2/ETH 1771 CO2 With a total of 8.148 ETH. While you can buy CO2 In coinexchange with a total of 1711 only with
0.00350000 CO2/ETH with total 5.99748275 ETH. It seems some people have started doing the arbit. Because a few days back I see the buy order is still around 19ETH and now live about 8ETH.

Maybe that's it this time, I'll try to find another coin that can be in arbit later.

Note : I'm not promoting this coin or anything like that, I just found it. I'm not responsible if something happens, do at your own risk.



Good Luck Guys!!!  

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[BitProNews]

Some traders used only to catch prices differences between exchanges but this often happen when the coin is newly listed in an exchange with a good supply in other. I know a lot of people creating fortunes by only moving tokens from an exchange to other.
There is a lot of different arbitrage strategies; pricing and geography are the major one. This user tried to explain it in a simple way: article

[Tynovten_]

Artbitrage open short-term profit, so because of that so many people do that.

This system also calculated carefully the price, don't just do it random, see, compare then do it. For newbie you must understand the technique nor understand how to calculate it.

Fitting the knowledge must be shared because more newbies appeared. The article above is quite easy and interesting to learn.