Arbitrage and how you can make money

[hotandrandom]

I'm sure many of you are already trying this. But for those who don't know, arbitrage in cryptocurrency just means buying coins from 1 exchange at a lower cost and selling on another exchange at a higher price.

I believe software is being created so you will be alerted via your phone(app) telling you when there's a coin that has more than 3% difference in price between exchange so you can safely profit after all the fees.

You might also find this video useful:

Credit

Buy and sell digital currency using 'Coinbase' earn $10 when you sign up

>> Sign up here <<

Comments

[juliatlind]

Thanks for sharing! Our Tlind team finds the video useful.

[hotandrandom]

You are very welcome!

[phillybull]

I don't know why but Coinbase is the only exchange that I trust

[hotandrandom]

Bittrex and cryptopia are highly reputable.

[phillybull]

thanx I'll try and keep them in mind