This makes zero sense. While it's true that arbitrage opportunities are executed across all kinds of markets (not just in crypto), this is certainly not what's going on here. If polo or other exchanges disabled their coins when arbitrage opportunities existed, they'd never have their wallets enabled. In crypto, there is such little volume on some coins that price discrepancies naturally can exist across exchanges. Plus, exchanges wouldn't suddenly shut down wallets when price discrepancies exist. In fact, traders executing arbitrage trades are precisely what closes the price discrepancies across exchanges. Finally, the entire reason why polo has such a lower price for STEEM versus other exchanges is exactly because polo has disabled the wallets. In other words, you have it backwards: it's not price differences that are causing the wallets to be disabled, it's the wallets that are being disabled, that are causing the depressed price on polo since the only way to get your STEEM off of the exchange is to first sell it to buy ETH or BTC and then move that currency to someplace like bittrex to rebuy STEEM (but this would occur at a loss).
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