#FamilyIsEverything. APL = 5.65/10 *Authorized conspiracy theorist *Not an authorized preacher.
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.
if people look at the difference between LUNA price at 5am when you posted this and now, they can see the problem with holding LUNA, even for like 15mins.... ~91% loss since then.
