Would you pay a small fee for trasnferring BTC instantly?

[sameev29]

As you all know price difference always exists among exchanges.It would be great to make profit if you could buy bitcoins at a lower price from one exchange and sell it for a little higher price at another exchange.You can do it but it takes big amount of time,in this meantime the price difference changes therefore hampering the profit.

I can transfer your bitcoins instantly from one exchange to another.I won't need access to your account or anything.You just send me fee tell which exchange and I will do it for you.It's that simple.

I will start this service if people really want this in their day trading.

PM me for details and leave your suggestions and thoughts here.

[sonysasankan]

So essentially you would be holding on to all the bitcoins, and have your bitcoins spread out amongst other exchanges? And whe  you receive instructions from one of your clients, transfer the bitcoins within that exchange? But how does that work? I thought only Cryptsy had instant transfers within the exchange using their transfer id or something like that. I don't know.... I could be wrong.... just something I skimmed over while registering at Cryptsy long back.

[sonysasankan]

So essentially you would be holding on to all the bitcoins, and have your bitcoins spread out amongst other exchanges? And whe  you receive instructions from one of your clients, transfer the bitcoins within that exchange? But how does that work? I thought only Cryptsy had instant transfers within the exchange using their transfer id or something like that. I don't know.... I could be wrong.... just something I skimmed over while registering at Cryptsy long back.

Yes Cryptsy has that service.But it doesn't really matter actually.I have another way to do this,can't say it here.But it can be done.Do you like my idea?

It's certainly interesting, but I don't like the idea of someone holding on to my coins. But I think other altcoins instead of BTC would be a nice thing.... coz that's where the arbs happen.

[NLNico]

So you will accept without any confirmation? Sounds risky for you.

[sonysasankan]

So you will accept without any confirmation? Sounds risky for you.

There's a way to be sure about the confirmation.

What do you think of this idea,would you pay a fee to get this service?

If there is the vast network of being able to transfer different alt coins to different exchanges quickly, I am all for it and don't mind paying for much more than .4% too With bitcoins alone, I would be lukewarm interested and only on rare ocassions if my BTC is trapped in one exchange and need to buy a coin from another exchange because its cheaper there.