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RE: [1D] DAILY STEEM DOLLAR (SBD) PRICE ANALYSIS: @mindhunter Recommends A Steem Dollar BUY As It Breaks To The Downside at $1.14.

in #steem8 years ago

I'd like to ask you something:
on bittrex the BTC-SBD is +/- 0.00045374
on poloniex: 0.00054354
Why such a huge difference at the same moment ?
Recently I read lot of negative comments about Poloniex. I would think there are less orders on Polo than on Bittrex, but I can't tell for sure (am not that expert :)). I trust more on Bittrex (never any issue).
Thanks and take care.

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There is always arbitrage between exchanges on all cryptos - steem is not exception. To exploit it you need to exchange thousands of dollars and it's a real pain as delays between currencies hold things up. Avoid doing it at all costs - unless you have a specific arb app for it.

Thank you for your answer. I understand beter now.