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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Eowyn 777
@Eowyn777
12 May, 01:42
In response Vincent Kennedy⍟ to his Publication
OK. seriously. I am the biggest of the DUMMIES.
when i made a Kucoin account, there was no "Buy" LUNA.
any advise, for dummies?
when i made a Kucoin account, there was no "Buy" LUNA.
any advise, for dummies?
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I bought Bitcoin and then traded for Luna as Kucoin wouldn't allow a Luna purchase directly.
04:47 PM - May 12, 2022
In response Eowyn 777 to her Publication
Only people mentioned by willowt in this post can reply
