Arbitrage

Pete asked 2 months ago

What is the best way to start buying and selling bitcoin for profit on either Paxful or LocalBitcoins (or other)?

1 Answers
Ofir Beigel Staff answered 2 months ago

Hey Pete, arbitraging Bitcoin is possible but only on large scales as this article would suggest. The main issue is that the fees will probably cut most of your profit. If you want to trade on Bitcoin’s exchange rate perhaps this trading guide will be of more use.

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