Just A Simple Trick

[Shatterlean22]

Do you realize that a few people are really dumping off certain tokens on certain exchanges and these tokens are accessible on other huge exchanges with better volume?

This is another method for exchanging and making benefits ,for instance refereum token is accessible on bitmart with low volume and numerous brokers on there are dumping at less expensive rate ,I get some with btc and send from bitmart to gate.io and I already get 15% more $$$ by selling.

[1714923242]

1714923242

[1714923242]

1714923242

[1714923242]

1714923242

[1714923242]

1714923242

[bolshojkush]

Do you realize that a few people are really dumping off certain tokens on certain exchanges and these tokens are accessible on other huge exchanges with better volume?

This is another method for exchanging and making benefits ,for instance refereum token is accessible on bitmart with low volume and numerous brokers on there are dumping at less expensive rate ,I get some with btc and send from bitmart to gate.io and I already get 15% more $$$ by selling.

Have you tried that yourself?? In theory, this is true, but in fact, as long as you make transactions the price can be leveled and you earn a penny. And do not forget about the different Commission on each of the exchanges.

[Schirer]

This sounds too good to be true. I believe that most of us at one or other point have tough about this possibility but in reality I dont thin kit can work. " On Paper" it look good if like for example, you check out certain token on CMC, some exchanges show different price but very often on those exchanges are very small volume , so small that there is no point of speculation and sending those tokens to other exchange.

If you can provide proof of one of your successful speculations, I would take off my hat to you.

[suprnurd]

Do you realize that a few people are really dumping off certain tokens on certain exchanges and these tokens are accessible on other huge exchanges with better volume?

This is another method for exchanging and making benefits ,for instance refereum token is accessible on bitmart with low volume and numerous brokers on there are dumping at less expensive rate ,I get some with btc and send from bitmart to gate.io and I already get 15% more $$$ by selling.

I believe this practice is known as "arbitrage". It's worked for several traders I know in the past, but there are difficulties especially with transaction confirmations taking long enough for the market conditions to change. If you're going to engage in this, I think you better practice a lot and/or have some bots/scripts setup that will handle the process for you!

[4rzun4]

If in every transaction or delivery to an exchange it does not require a fee  , chances are it will be a successful idea. Try to explain the calculation and the cost, Example from exchange A to exchange B. I want to see a clear explanation from you, because I am also a very active weekly trader. Thank you very much!

[chocopapaya]

scam scam scam.
This one is an elaborate one but you should see straight through it.

First off, anyone with no merit and little activity who suddenly posts something with a "secret" way to make money easily has an angle.
Don't trust them.

And second, here is how it works.
Someone or a group of people will artificially manipulate the price of a coin on a low volume exchange, making it look like it's cheaper there.
They do this through insider buy/sells, basically they buy and sell to each other.
They "advertise" the coin and fool people into doing this trading method.
Once they have people hooked on it, they immediately cancel buy/sell orders and jack up prices.

It's basically an ambush type strategy.

[jacafbiz]

Do you realize that a few people are really dumping off certain tokens on certain exchanges and these tokens are accessible on other huge exchanges with better volume?

This is another method for exchanging and making benefits ,for instance refereum token is accessible on bitmart with low volume and numerous brokers on there are dumping at less expensive rate ,I get some with btc and send from bitmart to gate.io and I already get 15% more $$$ by selling.

What you are doing if true is a surest way to lose money, you can do this from time to time but the time lag before the withdrawal and deposit from one exchange to another could make this opportunity to disappear and the problem with tokens with little volume is the huge market spread that exit when you want to buy and sell

[tsaroz]

Do you realize that a few people are really dumping off certain tokens on certain exchanges and these tokens are accessible on other huge exchanges with better volume?

This is another method for exchanging and making benefits ,for instance refereum token is accessible on bitmart with low volume and numerous brokers on there are dumping at less expensive rate ,I get some with btc and send from bitmart to gate.io and I already get 15% more $$$ by selling.

This is called arbitrage trading and it's a tool to maintain equal prices on all the exchanges. It's a legal way of sure shot profit for the traders. But there are several factors to consider while doing arbitrage trading as a short time interval can make a huge difference. The exchange fees, withdrawal fees, withdrawing time, etc needs to be kept on account.

[Xalata]

A lot of people do not know this trick but it is very good way of making money by buying a coin on an exchange at a cheaper rate and selling it on a different exchange for a higher return.

[poornamelessme]

Arbitrage is nothing new. The problem is that the profit is rarely worth it, and to do it properly quite often you need to be set up ahead of time. Meaning coins in place ready to buy, and so on.

And who here feels great about leaving large amounts of crypto on low volume (and quite often iffy) exchanges?

If anyone wants to play with it at low sums... sure, that's fine. I used to do that ages ago when I was new. But I wouldn't bother trying it with real sums, usually not worth the risk. It may seem all good until such and such an exchange has a 'theft'.

[BUK2016]

Good luck for you buddy and I see that as an arbitrary trading which is one of things some one introduced me to though mine is with the help of a software that usually this type of situation on where I can buy low and sell high.

[BUK2016]

A lot of people do not know this trick but it is very good way of making money by buying a coin on an exchange at a cheaper rate and selling it on a different exchange for a higher return.

It is really a good way of making more profit from our trading investment although, one if the major challenge is that you really need to have some money in those crypto currency exchange so that the transaction will be easier and to reduce excess fee.

[eagleman]

Do you realize that a few people are really dumping off certain tokens on certain exchanges and these tokens are accessible on other huge exchanges with better volume?

It's arbitrage.
This strategy is known, you've got to dump or transfer your tokens to an exchange where it has a better volume and price. Though this strategy is popular before but it's also risky.

[libert19]

That's called arbitrage. To make things bit simpler, have funds on both exchanges so you don't have to pay unnecessary fees on transfers.

[BtcKing 1]

its called margin trading and sorry to inform you but its not that uncommon.

[suprnurd]

Once they have people hooked on it, they immediately cancel buy/sell orders and jack up prices.

It's basically an ambush type strategy.

The trading bots on all the major exchange platforms do this all the time - you need to watch out for it regardless of the size of the exchange.

[iGotSpots]

Pretty common practice

[Jpti]

I do not know why a coin has different price on different exchanges? For instance a coin is purchased for $1 on a exchange, and the same coin is bought for $1.30 on another exchange. In some cases, some exchanges are faking volume and price of coins in order to attract traders and investors. These exchanges might have fishy intention. Be aware. 

[masterrex]

Do you realize that a few people are really dumping off certain tokens on certain exchanges and these tokens are accessible on other huge exchanges with better volume?

This is another method for exchanging and making benefits ,for instance refereum token is accessible on bitmart with low volume and numerous brokers on there are dumping at less expensive rate ,I get some with btc and send from bitmart to gate.io and I already get 15% more $$$ by selling.

Yes i noticed that also thats a good trick if you called that a trick. sometimes the holders are getting bored when there ask sell order was not filled for a long period thats why they sell it in less price others have dumped the token and jump to other project to hold. everyone can try this method by comparing those token prices in different exchange.

[klaaas]

Do you realize that a few people are really dumping off certain tokens on certain exchanges and these tokens are accessible on other huge exchanges with better volume?

This is another method for exchanging and making benefits ,for instance refereum token is accessible on bitmart with low volume and numerous brokers on there are dumping at less expensive rate ,I get some with btc and send from bitmart to gate.io and I already get 15% more $$$ by selling.

This is called arbitrage trading and it's a tool to maintain equal prices on all the exchanges. It's a legal way of sure shot profit for the traders. But there are several factors to consider while doing arbitrage trading as a short time interval can make a huge difference. The exchange fees, withdrawal fees, withdrawing time, etc needs to be kept on account.

Your correct. To do this and not get stuck on the fees and wiring times you need to have enough on both sides [fiat and crypto] on both exchanges so you wont have to wait.

[AlaEhBTC]

I think this trick will work before but now there are many circumstances in trading due to several complications that will make this trick impossible to happen.

[BryanK]

It's just one of the unspoken rules of the various exchanges. And Yes it does happen, but you can not benefit from the fact that most often it is an artificial increase in trading volumes to attract traders.

[AgentZero23]

I've been doing this since I've started trading and I realized that I could make a profit doing arbitrage. I did a test in some tokens and I did some profits and make sure you select a tokens or coins with a good volume. Also, I'm doing scalping by buying low and selling high on some tokens and been trading in Kucoin and Digifinex.

[guoyu78]

Do you realize that a few people are really dumping off certain tokens on certain exchanges and these tokens are accessible on other huge exchanges with better volume?

This is another method for exchanging and making benefits ,for instance refereum token is accessible on bitmart with low volume and numerous brokers on there are dumping at less expensive rate ,I get some with btc and send from bitmart to gate.io and I already get 15% more $$$ by selling.

Well, this method sounds cool  but I still don’t know how it will operate, because when you pick a particular coin to investigate for investment, you first look it up on coinmarketcap, which probably pick their percentage performance from the most popular exchange where they are being traded, and before any investor can pick a coin for investment, they will check out coinmarketcap first and check for an exchange recorded where it has the highest trade volume, which may be reason why you see lots of volume on a particular exchange, but if you are advising that we buy some tokens from an exchange with low trading volume, I wonder why those who are selling their too are not moving it to this exchange where you think they will get higher volume, if it is really working.

[tins]

This way I have known for a long time, and do not find it even applicable. As before, I bought FET on biki for 0.21 while the price on Binance is 0.3x. However you know, FET on biki cannot withdraw

[pidie]

In my opinion, the theory with reality is always different. sometimes we get benefits but often we forget that there are commissions from all transactions that we do.

[Classica35]

Do you realize that a few people are really dumping off certain tokens on certain exchanges and these tokens are accessible on other huge exchanges with better volume?

This is another method for exchanging and making benefits ,for instance refereum token is accessible on bitmart with low volume and numerous brokers on there are dumping at less expensive rate ,I get some with btc and send from bitmart to gate.io and I already get 15% more $$$ by selling.

That is an added advantage for you. Although, it does not work that way sometimes. You might feel you want to gets coin cheaply somewhere else, whereas, the exchange you thinking of disposing it, might not allow deposit at that moment. So you need to confirm first before making any move.

[silver23]

What are you said in this thread is look so unreal.
I don't believe with that trick, that is have a big chance to loss.
What are you thinking to make new topic like this, i think people here know if that is not good ever.
I am sorry but that is my answer for you.

[triangles]

Arbitraging is a trick that I sometimes use if possible, why is that possible? because there is rarely the right moment to arbitrage especially if the profits obtained are very large, and also the obstacle here is that some exchanges sometimes have problems on the "withdraw" menu and if we are not careful maybe we will lose so if you want to try you should pay attention to this kind of thing.

[fulled]

Arbitraging sometimes make you get profit, but most of time this trading strategy could make you lose. Because when you transfer your asset to another exchanger the price is already change

[moonblocks]

If you find assets are better value buys on certain exchanges you can use an arbitrage trading method if you seek to gain profits or accumulate whilst a good quality asset is cheap, however, be wary of exchanges that don't have a good ranking or reputation as they might not be very secure

[Twinkledoe]

If you find assets are better value buys on certain exchanges you can use an arbitrage trading method if you seek to gain profits or accumulate whilst a good quality asset is cheap, however, be wary of exchanges that don't have a good ranking or reputation as they might not be very secure

It is all about trading strategy. You can always do the arbitrage trading if you know you will profit after all the back-and-forth transactions. But you should be very careful with exchanges that would take so many hours to days before you can get out your money. In that case, if you want to do arbitrage, instead of profit you will have a terrible headache in dealing with that exchange. Simple but takes a lot of effort to do.