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Coinbase And Bittrex

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Thread replies: 14
Thread images: 1

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I wanted to buy the dip so I transferred money to coin base when I noticed that on coin base BTC is worth 4400 and on bittrex 4130..
How is this possible ? Can't I send money to bittrex directly?
>>
No.
>>
>>3351238
How the fuck is something like this even possible? How isn't the arbitrage nulled by traders?
>>
>>3351238
USDT =/= USD
>>
>>3351370
ETH is sub-200 usd on chinese exchanges
>>
Sites like coinbase usually have buy prices that are lower than on exchanges and sell prices that are higher. At least it's like that for the site that I use (bitpanda).
I think it's both a kind of safety measure and just a way to make profit. (Bitpanda doesn't charge any %, it just has this high buy/sell spread. Usually a couple 100 Euros.)
>>
>>3351370
It's because you would have to transfer USD everytime, maybe also relevant for taxes.
>>
>>3351238
that my friend is the absurd coinbase fees they throw on your purchase
>>
>>3351370

>7% arb opportunity that's not economically viable to arb

The absolute state of crypto
>>
>>3351392
I have Coinbase and Bittrex how the fuck can i get sub 200 eth.
>>
>>3351638
IT'S NOT THE SAME CURRENCY YOU DUMB FUCK
ONE IS USD
THE OTHER IS USDT
NOT
THE
SAME
>>
>>3351238
Use Gdax, my man (min buy is 0.1 btc tho)
>>
>>3351644
OK then what is the USD/USDT exchange rate?
>>
>>3351644

>crypto supposed to be fast
>have to jump thru hoops and wait sometimes hours for 1 transaction

this is why the market is correct in pulling back
Thread posts: 14
Thread images: 1


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