RE: Excelent Arbitrage Opportunity on Poloniex. Help maintain the SBD peg while taking profit.

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Excelent Arbitrage Opportunity on Poloniex. Help maintain the SBD peg while taking profit.

in steemit-market •  8 years ago 

SBD trading at a premium on Polo... means STEEM is trading at a discount on Steemit Market. So you can't "repeat" via Step 5. But this works if you previously stock-piled SBD at $1.00 USD and can sell all you have at $1.30.

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