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Can we get profit from buying and selling coin to other exchnage .

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On 2/9/2020 at 3:43 PM, Unknown user said:

Can we get profit from buying and selling coins from one exchnage to another .for example buying coin to one exchnage and sell them to another is this profitable?

I think you want to know about the trading yobit is a trusted exchangers many people invest their money and get a lot of profit but we have need many information and some experience 

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No in my opinion this is not a good idea of making profits from cryptocurrency because what one must know is that there are many scam exchange sites out there and one can also lose crypto from exchange fees.

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On 2/9/2020 at 4:43 PM, Unknown user said:

Can we get profit from buying and selling coins from one exchnage to another .for example buying coin to one exchnage and sell them to another is this profitable?

I research about it and found that it's prifitable. Because crypto price aren't same on all the exchangers. There are some difference between them always. Many people already making profit through this tips. You can also wok.

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Exchange of the coins with other depend on how much you have detailed about the exchange of selling coins. So the profit gains when the knowledge is experienced 

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It is very profitable.But you need to research before investing money.So time market value goes down.I also have less Idea about that..you need to get updated before investing.

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Yess  we can get profits by selling and purchasing cryptocurrency the prices of cryptocurrency fluctuate and prices goes up and goes down its not easy to know the exact prices of digital currencies many experts invest in cryptocurrency and earn a lot of money by this exchange of money 

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I think we can profit from selling coins in other currencies. I think that when the price of the coin consumes less, if we buy the coin, when the price goes up, if we sell it, we can certainly make a profit.

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I worked in cryptotalk. This site very good earn site.This site worked is very easy. Payment daily worke daily payment. Dailly 30 comment and earn 30000 sathoshi.so enjoy this site and earn money

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I sense this thoughtful of trading exists in itself. And yes, it is likely to be selected for profits, but by seizing the opportunities with the full-size penalty differences. By loophole with a one platform or something. As for the differences in the routine case, they are not generously proportioned and as follows the profits will try to a order for moving and trading.
 

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On 2/9/2020 at 4:13 PM, Unknown user said:

Can we get profit from buying and selling coins from one exchnage to another .for example buying coin to one exchnage and sell them to another is this profitable?

That process is called Arbitrage. It is very possible but you have to be very vigilant, and have to do a lot of research, because you have to find two exchange, one where you can buy a coin at cheap rate, and another where you can send it. Now you need to have accounts in both the exchange, then you have to check the deposit and withdrawal fees. Some exchange deliberately keep the prices high, to prevent the users to take advantage of arbitrage. It is not easy, but certainly plausible. 

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Definitely we can get profit from the buying and selling of Bitcoins or any other coins just we have to be conscious and keep eye on the market because every time the fluctuations of the rates are going up and down we have to be ready all the time to get some profit.

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Yes, i think Beyond the basics of trading Bitcoin you can learn various ways to turn a profit by using tools ... Best Cryptocurrency Exchanges ... Airdrops are ways to get free coins with little effort.

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Of course you can make money as gain from trading crypto currency especially Bitcoin. You can buy currency from the trading companies and can store for months and can sell at the right time. It is one of the leading profit making options in the current world scenerio.

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I think yes, all of exchanges has different rates of coins, and by some of them you can earn some money i think but you will lose a lot because of commissions

Edited by energyl33t

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Yes it is achievable and you can make good enough profits by buying and selling of the crypto. But you have to buy the coins at lowest prices and sell them at higher prices but these kind of trades requires alot of patience.

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It is hard to use the difference in price in coins in different exchanges and make some profit that way, I did try it when I first started in crypto and it was not good for me and it just did not work that way.

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hi my friend
Yes, you bottle accomplish gains from that, for example, you get a currency at a down appraise and warehouse it for a era of time, and in that case resell it after the cost changes, so therefore you are building gains from the variance in estimate difference.
 

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You will be profitable if you have complete knowledge about it and if you do not have knowledge then maybe you can get it so you have to think about it.

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Mate you are asking that by doing selling and buying can you earn more profit. The answer is simple if you have good knowledge of all the crypto coins and their fee charges and exchange charges. Then you can earn profit by converting and selling of the coins.

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This is not the  Good  idea because  if you transfer your  coin  from  one exchange to another again  and again. Tax will cut from your crypto  and you can't  get any profit.

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This is called arbitrage trading, now it is not profitable since the investment to buy coins must be more than 500 dollars to earn on it .

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On 2/9/2020 at 4:43 PM, Unknown user said:

Can we get profit from buying and selling coins from one exchnage to another .for example buying coin to one exchnage and sell them to another is this profitable?

I think it's profitable for a big investor because there is a small difference between them. If any small investors do it then he have to pay fees from his pocket.


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Hello my friend
I don't think it is possible to profit from this thing because you have not yet calculated the amount of transmission from one platform to another

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On 2/9/2020 at 3:43 PM, Unknown user said:

Can we get profit from buying and selling coins from one exchnage to another .for example buying coin to one exchnage and sell them to another is this profitable?

i once saw a post on the Facebook suggesting something just like this and it was offering a huge profit from it but the exchange was a fake one and it never gave back the money

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Yes you can benefit from selling coins to buy coins from you, but in this case you will have to take a lot of rick because if the value of coins goes down you are likely to suffer loss and if the value of coins increases then you will be profit.you must have enough knowledge about Cryptocurrency market.

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