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RE: Theoretical arbitrage (Bitcoin Ether LiteCoin), free $$$$$?

in #arbitrage8 years ago (edited)

I was literally just thinking the same thing, except with BITSHARES because of the super fast confirmation times and cheap fees..there is currently a 2-5cent different in price across chinese exchanges compared to poloniex. Surely this can be taken advantage of.

EDIT: As we speak there is quite large differance in price between LTC on Bittrrex and Poloniex. My portfolio is too small to take full advantage of this but I plan to explore it fully over the coming weeks.

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This is actually very easy to test out if I can get an account setup in the US. Please do post back if you have done a successful test run! I will do the same if I can figure out a way to get myself an account.

Follow me, I will blog about my progress and tactics I come across. Sharing idea's and getting a general consensus will help us greatly in future trades.