Worried about transaction charges and speed while doing arbitrage? 🤔

Don't worry, You can earn huge profit by doing intra-exchange arbitrage within the same exchange in different markets with just 3 simple steps.😁

For example:

- BTC/INR price on Bitbns: 850,000

- BTC/USDT price on Bitbns: 791,278

- Percentage difference: 7.50% approx

- USDT P2P deposit rate: 71 per USDT

Steps to do intra-exchange arbitrage on Bitbns:

1] Deposit 1005 USDT worth INR (71335 initial investment).

2] Buy BTC from BTC/USDT pair, At current price (11456.42 USD) you get around 0.08750443 BTC.

3] You sell 0.08750443 BTC to BTC/INR pair and get around 74192.82 INR profit

(Initial investment - Current value = total profit)

71335 - 74192 = 2,857 INR (around 4.01%) overall profit.

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You can do the same in multiple pairs on Bitbns or to multiply your returns you can also do triangular/loop arbitrage from Bitbns > Other exchange > Bitbns by using Bitbns extension (http://bit.ly/2F5oz9r).