#FamilyIsEverything. APL = 5.55/10 *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.
I've been working on this for awhile and now I am seeing this message:
Besides, here are the latest news you care about LUNA. 1. Terra blockchain has officially halted, there may be a delay with Terra deposit and withdrawal. 2. Margin and leveraged tokens services of LUNA temporarily closed 3. KuCoin’s Statement on the Trading of Terra Ecosystem https://www.kucoin.com/news/en-kucoin-statement-on-the-trading-of-terra-ecosystem 4. Regarding the Merger of Leveraged Tokens LUNA3L https://www.kucoin.com/news/en-the-merger-of-leveraged-tokens-luna3L
