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RE: Different bitcoin exchanges - how can one make more money by sending from one exchange to another?

in #bitcoin7 years ago

There are fairly effective bots you can buy on the BTC aftermarket that will search out the current price of most any coin. With this information, you can buy where it's low currently, and sell where it's higher. Called an arbitrage bot.

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Excellent! I did not know about these bots. Only makes sense.

And with how often this chage in a day I am sure there is money to be made.

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