#FamilyIsEverything. APL = 8.75/10 *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.
thats really a fooked up situation lol thats like being able to buy american dollars at the bank for 1$ a piece but if you go to a not so popular special bank they sell the same american dollars for only 30 cents a piece, so you go sell them to the original bank for 1$, making money off the situation?. maybe my brain is just on another planet...