Not currently.
I do have a Fidor bank in Germany so can deposit instantly.
Just seeing if it was a good idea. There is a 20% discrepancy in price between the two.
So I could theoretically deposit £20k to Kraken, buy bitcoin, transfer it to GDAX, sell it and make £4k?
There must be a catch?
Topic: Buying on Kraken and selling on GDAX? (Read 448 times)
The price on Kraken for BTC is currently 20% less than GDAX in GBP.
Is there any reason why I wouldn't buy on Kraken, transfer to GDAX and sell for a 20% profit?
Seems to easy be true?
Is there any reason why I wouldn't buy on Kraken, transfer to GDAX and sell for a 20% profit?
Seems to easy be true?
Do u have cash on Kraken?
This is called "arbitrage". Yes, it is possible, but you have to factor in transfer times.
The price on Kraken for BTC is currently 20% less than GDAX in GBP.
Is there any reason why I wouldn't buy on Kraken, transfer to GDAX and sell for a 20% profit?
Seems to easy be true?
Is there any reason why I wouldn't buy on Kraken, transfer to GDAX and sell for a 20% profit?
Seems to easy be true?
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