RE: WARNING: For New or Inexperienced Cryptocurrency Users | How to Avoid Paying Fees

You are viewing a single comment's thread from:

WARNING: For New or Inexperienced Cryptocurrency Users | How to Avoid Paying Fees

in cryptocurrency •  7 years ago 

Another thing you could look at is 'arbitrage' between different exchanges. It is pretty nascent currently but there is a lot of money to be made by finding differences between different exchanges and transacting between them.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

It is funny that you mention that because last night while I was purchasing my Bitmain Antrouter, I needed BCH as it was the only currency accepted by Bitmain. I sold some Bitcoin Gold on one exchange that equaled a $390 value (even though at that time it was $375) then transferred that over to Bitfinex who was selling it for $370. After the purchase I moved that back into my main exchange which ended up earning me .26 BTG in the process. As a result my $175 purchase of 2 Antrouters only costed me $71

I am going to look into this more for sure.

Thanks for writing in!!

That's so cool!

He makes a great point and so do you. Awesome. Thanks for sharing folks.

Yes I agree