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RE: Steem /SBD Arbitrage - Buy at Bitrex sell on Poloniex is this why Poloniex doesnt work?

in #steemit • 7 years ago

By the time your coins are transfered from one exchange to another, the price on the other exchange will even out. If it was that simple everyone would do that.

7 years ago in #steemit by
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     7 years ago 

    Then you have to pay a commision to sell, buy and transfer coins. Al togethet 0.4-0.7% per flip.

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       7 years ago 

      True, but whats 0.4 %-0.7% when the difference was 21%

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         7 years ago 

        Well... if you can complete the transfer on time , then you are lucky. Honestly, good luck with it!

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           7 years ago (edited)

          actualy now even lower than before 0.00045 on bitrex

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             7 years ago (edited)

            was yesterday whole day like this, compare charts

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