Arbit trade happen in all coin but before doing that you need to checklist
- Legitmate of the Exchange ( its really important because there's bunch scam exchanger)
- Transaction Fee as you know bitcoin fee are higher
- spread of the orderbook
- transcation speed some chain like bitcoin is slow because exchange paid fee at normal rate or below
4K spread is something odd to me you better check first
Topic: Currency is not the same price, you can buy low and sell high profit? (Read 306 times)
August 23, 2021, 09:14:05 PM
August 23, 2021, 06:55:13 PM
Keep in mind that arbitrage exists on the market for years and some use bots for this.
This means that the prices between the exchanges "equalize" pretty fast and if some exchanges "stand out" with the prices Bitcoin is traded at, there's a good chance that something is fishy there, most probably various difficulties in creating the account or withdrawing from there.
Yes, this is critical info. There's no pointing buying lower on one exchange send it over to the second one and not have it confirm on time or worse be pending forever. This means that the prices between the exchanges "equalize" pretty fast and if some exchanges "stand out" with the prices Bitcoin is traded at, there's a good chance that something is fishy there, most probably various difficulties in creating the account or withdrawing from there.
There have been a couple of times where this has happened and when using external exchanges not so familiar, I agree, the risks are higher.
Arbitrage opportunities are not that rare, they are there you just need to look and find them and then plan accordingly - but yeah, it can be a lucrative option for some
Arbitrage opportunities is really there but not all would really be that willing to take risk due to several factors which I can say that it isn't really simple as it looks.
Buy low and Sell high might be very basic but determining which is the bottom and which one is the peak is the most hardest thing here on this investment space.
August 23, 2021, 05:35:55 PM
Recently, the price of Bitcoin has fluctuated sharply, and arbitrage windows have appeared on many exchanges. The price of Bitcoin on Binance is US$47,000, while on some exchanges in South Korea, the price of Bitcoin is US$51,000. If you buy in Binance and then sell in South Korea, you can make a profit of $4,000. I am considering doing this. I want to hear your opinion. 
This ironical and the difference in price usually balance within minutes, and I don't think Binance could stand that low to allow such thing to happen to them when they know that they are the best. Even though it's not on Binance it's happening, please don't waste your time cause this might be a trick especially to those exchanges that has no worth and does not k ow there right from there left. This might be a means to stock investors who are greedy into there shity exchange entrapping funds inside there exchange.It's true that each exchange usually has a different Bitcoin price, but doing arbitrage trading is not an easy thing to do. We have to take into account
many factors when we are going to do arbitrage, starting from the withdrawal fee and also the estimated time needed. Because usually the price
difference between one exchange and another exchanges moves very quickly, don't let our Bitcoin price drop to no different from the previous exchanges.
Moreover, we move our Bitcoin to exchanges that do not have a good reputation, it will be very risky. I do not recommend making a profit through
arbitrage trading, because the risk that will be faced is too big.
August 23, 2021, 05:35:19 PM
Buying at a lower price and selling at a higher price is the main goal of any trading. However, in cryptocurrency, you can't buy anything at the same price. You have to wait after investing in the market when the price goes up.
August 23, 2021, 05:28:07 PM
Keep in mind that arbitrage exists on the market for years and some use bots for this.
This means that the prices between the exchanges "equalize" pretty fast and if some exchanges "stand out" with the prices Bitcoin is traded at, there's a good chance that something is fishy there, most probably various difficulties in creating the account or withdrawing from there.
Yes, this is critical info. There's no pointing buying lower on one exchange send it over to the second one and not have it confirm on time or worse be pending forever. This means that the prices between the exchanges "equalize" pretty fast and if some exchanges "stand out" with the prices Bitcoin is traded at, there's a good chance that something is fishy there, most probably various difficulties in creating the account or withdrawing from there.
There have been a couple of times where this has happened and when using external exchanges not so familiar, I agree, the risks are higher.
Arbitrage opportunities are not that rare, they are there you just need to look and find them and then plan accordingly - but yeah, it can be a lucrative option for some
August 23, 2021, 05:18:35 PM
what I know by selling to a different exchange it will be quite difficult and cost money too, so it is not as easy as imagined. if we observe the price of bitcoin from the beginning until now then the movement is very significant where currently bitcoin is very feasible to get. Buying bitcoin at a low price and selling it again at a high price is certainly desired by all investors in order to get a big profit. so we really have to be smart in choosing coins and understand the market well so that the results we get are as desired.
August 23, 2021, 05:06:31 PM
Recently, the price of Bitcoin has fluctuated sharply, and arbitrage windows have appeared on many exchanges. The price of Bitcoin on Binance is US$47,000, while on some exchanges in South Korea, the price of Bitcoin is US$51,000. If you buy in Binance and then sell in South Korea, you can make a profit of $4,000. I am considering doing this. I want to hear your opinion.
This ironical and the difference in price usually balance within minutes, and I don't think Binance could stand that low to allow such thing to happen to them when they know that they are the best. Even though it's not on Binance it's happening, please don't waste your time cause this might be a trick especially to those exchanges that has no worth and does not k ow there right from there left. This might be a means to stock investors who are greedy into there shity exchange entrapping funds inside there exchange. August 23, 2021, 04:45:12 PM
If you want to make money in cryptocurrency, you must trade. If you can trade then of course you can make huge income from cryptocurrency. There are many coins that go up and down a lot from one exchange to another. So of course if you trade you can get fairly good benefits from cryptocurrency.
August 23, 2021, 12:00:35 PM
Exchanges in south korea won't let everyone to make an account there. You can try if you have an account in both exchanges but in most cases arbitrage does not stay for long and before your coins are deposited and confirmed, the opportunity is already gone.
Users can search for information about which countries are prohibited from using the trading platform before they create an account in the terms and conditions of the platform. I don't like arbitrage trading although I see an opportunity to make a profit. Confirmation time will be one of the bottlenecks during arbitrage, when the network is busy then I believe you will miss the opportunity to sell it at the best price. I am also not used to doing KYC on many trading platforms because I want to keep my personal data confidential and secure. Some exchange may still be trustworthy because of their reputation, but we still have to weigh the risks. 
August 23, 2021, 11:35:03 AM
Recently, the price of Bitcoin has fluctuated sharply, and arbitrage windows have appeared on many exchanges. The price of Bitcoin on Binance is US$47,000, while on some exchanges in South Korea, the price of Bitcoin is US$51,000. If you buy in Binance and then sell in South Korea, you can make a profit of $4,000. I am considering doing this. I want to hear your opinion.
Exchanges in south korea won't let everyone to make an account there. You can try if you have an account in both exchanges but in most cases arbitrage does not stay for long and before your coins are deposited and confirmed, the opportunity is already gone.
August 23, 2021, 11:26:32 AM
Bitcoin now reached $50k value and those who bought at $29k during the dip, already have huge profit. Holding bitcoin for a long period of time is really profitable. Buy low and sell high will give you profit but most others have huge losses due to fear, impatience and lack of knowledge about it . Investing in crypto is risky, so be careful.
August 23, 2021, 11:11:19 AM
But the movement in forex is too small plus you need to have a lot of capital to join there from what I've heard, compared to crypto, I am pretty sure that crypto is much better in terms of profit when you do the same buy low and sell high scheme, it might even be much higher by a big difference.
August 23, 2021, 10:56:39 AM
When checking Bitcoin prices, you need to keep in mind that there is no specific global Bitcoin price standard. Bitcoin is not tied to any currency, country or exchange. The question is the same as if you were asking: “Why is bread more expensive in this supermarket, or in this city/country compared to other countries?”. The short but precise answer is “because of supply and demand”. and maybe the transfer fee in South Korea is more expensive than other countries, I haven't tried it but this is my opinion.
August 23, 2021, 08:58:03 AM
Yes, that's right you can now become known as a Lord of the Rings.
If you want to become more familiar with risk management, you can do some research in this area.
If you want to become more familiar with risk management, you can do some research in this area.
August 23, 2021, 08:43:00 AM
I‘m curious about why would big gap appear?
As far as I know, such price differences are in most cases caused by high demand and low liquidity in a particular market. If there is not enough of something on the market, and there is a great demand, it is logical that the price will rise. This is not just the case with South Korea, and some markets in Africa and the Middle East have also recorded large price differences at times when the price is rising.
It should not be associated exclusively with Bitcoin, it happens in everyday life - people buy something cheap in country X and then sell it at a much more expensive price in country Y.
It may seem very enticing to do arbitrage nowadays because of possible big profit when you buy the coin in low position, then sell it high. However there are risks. For sure the security have been tight at the present given that the exchangers have been informed about the abuse of platform and services. It's also possible that the exchangers have come up with blocking and banning bots or those who don't belong in that specific location where the price of coin is low. Or maybe, even if you bypass, you can't sell it in other place because it is only exclusive (the buy and sell) in that specific place.
Just like certain products that you can buy cheaply in a certain country. Sometimes these products aren't allowed to be distributed and resold outside the country's premises. It's just exclusive and intended to be consumed by the native citizens.
August 23, 2021, 08:13:55 AM
i have seen this difference a lot compared to small exchanges but what scares me is that small exchange that is just a virtual value they trick you so you can deposit on the exchange and forever forever you will lose your inherent assets. for example, it's been a long time since I bought some BTC with the difference from the no-name exchange and I've lost that BTC forever, please beware of scams.
August 18, 2021, 05:29:59 AM
Recently, the price of Bitcoin has fluctuated sharply, and arbitrage windows have appeared on many exchanges. The price of Bitcoin on Binance is US$47,000, while on some exchanges in South Korea, the price of Bitcoin is US$51,000. If you buy in Binance and then sell in South Korea, you can make a profit of $4,000. I am considering doing this. I want to hear your opinion.
There are lot of things that you need to consider to do arbitrage trading. For some exchange, they require you to do strict KYC check and of course for every transaction. how much time it will take to confirm your transferred funds. Bot can also manipulate pricing. I tried it before but it didnt work for me. 
August 17, 2021, 04:35:59 PM
Recently, the price of Bitcoin has fluctuated sharply, and arbitrage windows have appeared on many exchanges. The price of Bitcoin on Binance is US$47,000, while on some exchanges in South Korea, the price of Bitcoin is US$51,000. If you buy in Binance and then sell in South Korea, you can make a profit of $4,000. I am considering doing this. I want to hear your opinion.
There are lot of things that you need to consider to do arbitrage trading. For some exchange, they require you to do strict KYC check and of course for every transaction. how much time it will take to confirm your transferred funds. Bot can also manipulate pricing. I tried it before but it didnt work for me.
August 17, 2021, 07:38:45 AM
price difference has long occurred and is a common thing faced by traders,
As far as I know Korean exchange is difficult for people outside of Korea to penetrate. KYC is needed like a passport which everyone doesn't have, and the hardest thing is that you must use a Korean resident card,
for me, doing arbitrage is useless if you trade in small quantities, it runs out on shipping and trading costs
As far as I know Korean exchange is difficult for people outside of Korea to penetrate. KYC is needed like a passport which everyone doesn't have, and the hardest thing is that you must use a Korean resident card,
for me, doing arbitrage is useless if you trade in small quantities, it runs out on shipping and trading costs
August 17, 2021, 06:07:21 AM
That's if you got the timing to buy those bitcoins at the right time because even if you know how to do this, it doesn't always go your way. It's a rule of thumb for many people to do this. Also, what happened in S. Korea, I think they said that people can't do what you're trying to say.
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