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Topic: Buying on 1 exchange and selling on another - page 2. (Read 6121 times)

legendary
Activity: 1106
Merit: 1005
December 15, 2013, 10:12:56 AM
#2
this practice is known as arbitrage, it's possible, but it's currently hard to do because the exchanges have pretty long withdrawal times.
member
Activity: 84
Merit: 10
December 15, 2013, 10:10:57 AM
#1
Hi I have a quick question,

Will you ever make much profit from buying bitcoin on 1 exchange and selling on another. I wouldn't want to be selling on Mt Gox as I understand there has been problems with USD withdrawls.

Thankyou for your help
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