**Arbitrage opportunity!** LTC - Binance - GDAX - 15%

As of typing this LTC is 296 on Binance and 366 on GDAX. Thats 23%

ETH is 580 on Binance and 620 on GDAX. Thats about 7%

23-7=~16% per turn and knock 1% off for random fees and price movements.


The play:

  • Move LTC form Binance to GDAX

  • Trade from LTC to BTC to ETH (or LTC to $ to ETH if you aren't afraid of the tax man)

  • Move ETH to Binance

  • Sell ETH and buy more LTC


I have no idea why Binance is capping the price at $300 but it makes for a good play!

Obviously DYOR and DD but it can't get much clearer than this! Smack that Binance ask!

submitted by /u/certifiedintelligent
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