12 May, 05:00
Example of a current Arbitrage opportunity:
LUNA is 10 cents on Kucoin and wrapped LUNA (WLUNA) is 60 cents on Coinbase.
Buy for 10 cents on Kucoin.
Transfer to Coinbase using the ERC20 network.
Sell for 60 cents on Coinbase.
$100 investment turns into $600 in a couple of steps.
Rinse and Repeat
$600 investment turns into $3,600 in a couple of steps.
Rinse and Repeat
....
Whenever you are satisfied you can use that $ to buy lots of XRP on Kucoin or just buy lots of Ammo
This is just an FYI and not financial advice. For experienced traders.
LUNA is 10 cents on Kucoin and wrapped LUNA (WLUNA) is 60 cents on Coinbase.
Buy for 10 cents on Kucoin.
Transfer to Coinbase using the ERC20 network.
Sell for 60 cents on Coinbase.
$100 investment turns into $600 in a couple of steps.
Rinse and Repeat
$600 investment turns into $3,600 in a couple of steps.
Rinse and Repeat
....
Whenever you are satisfied you can use that $ to buy lots of XRP on Kucoin or just buy lots of Ammo
This is just an FYI and not financial advice. For experienced traders.
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will UST and Luna be one of those that remain?
05:05 AM - May 12, 2022
In response Vincent Kennedy⍟ to his Publication
Only people mentioned by Earthling2 in this post can reply
12 May, 05:08
In response Anna Earthling to her Publication
I dont recommend holding LUNA. Very risky. Give it a 25% chance of surviving after this mess. Arbitrage is where its at.
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Other Half
@Otherhalf
12 May, 03:05
In response Vincent Kennedy⍟ to his Publication
Is it safe to hold anything on an exchange? I have xrp on uphold that can’t be moved to a ledger until 90 days have passed. If the exchange tanks because of a market implosion, am I likely to lose everything?
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13 May, 01:39
In response Vincent Kennedy⍟ to his Publication
😂😂 I see LUNA: right as my cat, Luna, is being Extra fiesty this morning, "dont recommend holding" accurate on both accounts lol
P.S. she says hi 👋
P.S. she says hi 👋
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