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Author Topic: Trading from CEX to DEX due to higher prices  (Read 876 times)

Online Charles-Tim

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Re: Trading from CEX to DEX due to higher prices
« Reply #15 on: August 07, 2024, 02:20:25 PM »
Several times I checked to compare BTC prices between exchanges to be able to do arbitrage, but it was really difficult because there were many obstacles that made us away from profit... one of them was transaction fees and withdrawal fees... remember, that BTC liquidity is very large, there are so many people who monitor prices and also take the opportunity to do arbitrage even when the price is bleeding like now....

My advice regarding arbitrage is, monitor coins with low volume and have cheaper transaction fees... it's okay to need days of research, when you find the right coin, it really makes free money for you in a few moments.
These type of arbitrary that is talked about is P2P. Which means trying to earn money while buying and selling crypto/fiat. The exchange fee are very cheap. If need be to transfer little amount to a wallets, most P2P are supporting lightning network now.

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Re: Trading from CEX to DEX due to higher prices
« Reply #15 on: August 07, 2024, 02:20:25 PM »

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Offline Mr. Magkaisa

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Re: Trading from CEX to DEX due to higher prices
« Reply #16 on: August 07, 2024, 05:22:50 PM »
         -     We can't able to trade Bitcoin in Dex, as far as I know, we can't do that; I just don't know if there is Wbtc. But Btc itself is always traded differently; most of the time, on the Cex platform or in other wallet apps, you can see Btc like Trustwallet, If I am not mistaken.

but if it's crypto currencies, we can do trading activity with those.Dex, although there are other than Dex that can be traded.

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Re: Trading from CEX to DEX due to higher prices
« Reply #16 on: August 07, 2024, 05:22:50 PM »

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