RE: Semi Arbitrage Opportunity in SmartCash with HitBTC and CryptoBridge

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Semi Arbitrage Opportunity in SmartCash with HitBTC and CryptoBridge

in smartcash •  7 years ago 

I tried to deposit my smartcash into hitbtc to start your trick but it's saying deposits are suspended. Bummer

smartcash
7 years ago by

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      ·  7 years ago 

    Yeah, this arbitrage opportunity works only if you bought SmartCash on HitBTC. You might have a gain or loss on your position, but if you sell it to BTC, that same amount of BTC will buy you more SmartCash on CryptoBridge than what you sold on HitBTC.

    Right now, you can't deposit or withdraw SmartCash from HitBTC. So you won't be able to cycle through this to make money. It just works going from HitBTC > CryptoBridge > SmartCash Wallet.

    Kind of getting confusing, but hope it makes sense! :)

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        ·  7 years ago 

      Na. That makes sense. Ah well... Good on you for finding that trick. Nice skills.

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