How to exploit the different prices between platforms

in #crypto8 years ago (edited)

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Among the smart and successful trading methods is the exploitation of price differences that are in the platforms where we find, for example, a currency in platform A is equal to 10 Satoshi and the same currency in Platform B is equal to 8 Satoshi which is equivalent to 20% profit.
But to take advantage of this method must consider several important conditions so as not to turn the profit attempt to loss:
1 - Compare prices carefully and compare the movement of orders and sales in the platforms and make sure that the process profitable before the purchase and conversion.
2 - The selected currency must be quick in terms of remittances. If it is slow, it may be delayed in reaching the second platform and prices change and turn into loss.
3 - Be sure to work the portfolios in the platforms before making any move.
4 - Careful price control when the balance reaches the second platform, selling quickly and not greed much.

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5 - Make sure to choose a currency with low conversion fees.
6 - An account must be available on all platforms.
7 - The capital used in this manner must be good for a good profit.
Prices are usually cheap on smaller platforms with lower trading value and also weak buying and selling movements. The best recommended currencies are Dogecoin, Bytecoin, DigiByte, Siacoin and Verge .. because they have fast conversions, low conversion fees and high values.
good luck for everbody

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