Do any of you guys ever exploit the difference between USD /

>>3248961
fees make this impossible

>>3248961
it's called arbitrage. fee's usually eat the difference.

arbitrage is usually most effective with exchanges in different countries.

>>3248966
^This .25% of 60 is .15 Cents buy in, then .16 cents to sell.

Making 50 cents a coin isnt worth the k/h to run your pc waiting for it.

....unless you had like, a hundred LTC, then 50 bucks buys you a coin. grats.

this works if you buy LTC at bittrex and then sell for higher btc/ltc rate over at some other exchange where the rate is higher, e.g. Liqui.

you're welcome nigtits

a fool and his money should never have gotten together in the first place - gekko

Nice to see real humans lurk biz. So to do this one should do it at GDAX right with no fees? Their volume is shit doubt the spread is there.

Fees aside, don't forget how slow most of this shit is. By the times you get funds and coins shuffled around, prices are going to be very different.

Arbitrage only makes sense if you have a lot of capital split between multiple exchanges to start with.

Great idea - load up sites then work both exchanges. Re-unite rocketchips at the end of the day.

>>3249037
It's not my idea, people have been doing this shit for hundreds of years.

requires huge sums to arbitrage.
given how volatile crypto is its probably a bad idea

thanks

>>3248961
Congratulations anon you discovered arbitrage.
Make sense if you are whale. Although last week there was around 3 USD difference between LTC on kraken and other exchanges.