Steem dollar poloniex pump is a arbitrage goldmine

in steemit •  8 years ago  (edited)

Steem Dollars is really getting pumped on poloniex right now !! and is super ripe for arbitrage
Buying steem on polo then sending it to steemit exchanging for steem dollars then sending those steem dollars to polo gets you about a 50% profit at this current insane price I have made a ton already goodluck folks !!

So step by step

1.deposit bitcoins to polo
2.Buy Steem
3.Withdraw from polo to your steemit account (you send it to your accouns name example mine is cryptorune)
4.Sell the Steem for Steem dollars
5.Transfer the Steem dollars to polo (make sure to include the memo they provide)
6.Sell the Steem dollars
7.?????or other crypto
8.PROFIT



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As more people catch on to this, that spread will disappear. Arb while you can!

yeh ur right lol::XD

Guys, he is just a big copy cat!
He stole this post from @cryptorune!
Do not vote him up, he will do that in the future if you are supporting him.

Thanks for the info

This is obviously stolen from me my name is in the pictures lol come on.