Forwarded from Power Crypto News
✅ #NEM #Snapshot #Echanges 🤔
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👉Most of Exchanges are supporting #Symbol #Opt-in so far... #Huobi #OKEK #UPbit #KuCoin #Coincheck #bitFlyer....
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👉 Source and full list of exchanges, 🇬🇧 Click-here!
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📭 For VIP-Signals membership enquiry, please contact our Admin
____________________
@PowerCryptoClub
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👉Most of Exchanges are supporting #Symbol #Opt-in so far... #Huobi #OKEK #UPbit #KuCoin #Coincheck #bitFlyer....
-----------------------------
👉 Source and full list of exchanges, 🇬🇧 Click-here!
-----------------------------
📭 For VIP-Signals membership enquiry, please contact our Admin
____________________
@PowerCryptoClub
🚩I just noticed on my TradingView #ETCUSDT charts this potential #EthereumClassic Arbitrage between #Upbit and #Binance exchanges, but I didn't check directly on each exchange.
✨Crypto Arbitrage Trading
Buy low, sell high... Crypto arbitrage sounds easy in theory, but that isn’t always the case.
▫️There are different types of #Arbitrage, but the most common is the practice of buying a crypto at a low price on one exchange, and selling it simultaneously on another exchange for a higher price.
Remark: depending on the resources available, you can enter and exit an arbitrage trade in seconds or minutes.
▫️#ETCUSDT's Sample Arbitrage
You buy $ETC on #Binance at $40.25 per token, then immediately transfer all your tokens to #Upbit to resell it for higher price, at $44.50 per token. Earnings are $4.25 per token, minus your trading and transfer fees.
▫️"Kimchi Premium 2018"
The most famous example was when the price of $BTC in South Korea rose by more than 50% compared to other global exchanges. Traders gain millions $$$.
At the same period, my crypto mate in HK told me to buy $ETH to resell its with more than 25% gains in 10 mn but I could not use my bank card.😰
Buy low, sell high... Crypto arbitrage sounds easy in theory, but that isn’t always the case.
▫️There are different types of #Arbitrage, but the most common is the practice of buying a crypto at a low price on one exchange, and selling it simultaneously on another exchange for a higher price.
Remark: depending on the resources available, you can enter and exit an arbitrage trade in seconds or minutes.
▫️#ETCUSDT's Sample Arbitrage
You buy $ETC on #Binance at $40.25 per token, then immediately transfer all your tokens to #Upbit to resell it for higher price, at $44.50 per token. Earnings are $4.25 per token, minus your trading and transfer fees.
▫️"Kimchi Premium 2018"
The most famous example was when the price of $BTC in South Korea rose by more than 50% compared to other global exchanges. Traders gain millions $$$.
At the same period, my crypto mate in HK told me to buy $ETH to resell its with more than 25% gains in 10 mn but I could not use my bank card.😰