Steem and Steem Dollar Added to Poloniex = Heaven for Arbitrage Traders

in #steemit8 years ago (edited)

1 thing that be dream of arbitrage trader just happened, Steem and Steem Dollar added to Poloniex !!!

https://twitter.com/Poloniex/status/755256892755247105

no need wait too long for arbitrage traders to take action, Bittrex rate keep pumped because many of buy ask by some trade that want to send their coins to Poloniex and get some big profit from it. and Poloniex got big dump from the arbitrage traders when the price still rising slowly.

Did it will be good for the price if pump and dump happenned every new coins added into market?
Share your opinion in here :)

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This is goood news!

very good news :)

wow good news!!

I wrote an article that explains the math involved in a simple way to arbitrage across cryptocurrency exchanges. Important to know what you are getting into so that you will not be trading at a loss. https://steemit.com/arbitrage/@kesor/the-math-behind-cross-exchange-arbitrage-trading