BTC arbitrage in US stock market
in fact, buying bitcoin in the United States and selling it in China is a very simple process: first, you buy it on the U.S. trading platform or through other ways, and then transfer it to your own wallet, which can be an online wallet or a client-side wallet, When you recharge the bitcoin in your bitcoin wallet to the domestic bitcoin trading platform, you can cash out. It is not recommended to transfer the bitcoin directly from the wallet of foreign trading platform to the wallet of domestic trading platform, because it may not arrive at the account
this has existed in China for a long time, commonly known as moving bricks, because before Mentougou closed down, the price of external market was generally lower than that in China, and moving bricks arbitrage was the favorite of many bitcoin speculators
of course, bitcoin mining is also carried forward in China. Bitcoin has boosted the price and computing power of bitcoin. From the first generation of pumpkin Zhang Avalon miner to the present generation of Avalon 3 miner, the miner instry is booming in China.
In short, the principle of brick Arbitrage: buy low and sell high, buy money from the place with low price and sell it at the place with high price, that is to earn the price difference of different platforms
but there are three risks in moving bricks:
A. time difference of currency transfer: it takes a certain waiting time to pick up or deposit the currency, so it may miss the best trading time
B. currency price fluctuation: if the currency price fluctuation is relatively large and the process of moving bricks has not been completed, the price difference has disappeared
C. platform problems: some trading platforms may shut down services from time to time, or even run away
principle: carry out brick arbitrage on two platforms at the same time to avoid the risk of "time difference of currency transfer" and "currency price fluctuation"
before moving bricks: the brick moving platform must support the same currency transaction, and the brick moving platforms must be able to transfer currency to each other
Step 1: price difference calculation. There are handling charges for currency trading and currency transfer, so you have to calculate the cost according to your own funds. Only when the price difference reaches how much can it be profitable to move bricks
Step 2: simultaneous operation. Buy BTC on the low price platform and sell BTC on the high price platform. At this time, the number of BTC holdings remains unchanged and the number of usdt increases You need to pay attention to transaction fees.)
Step 3: balance funds. It is difficult to predict which platform has a lower price and which has a higher price e to the price difference. Therefore, the two platforms that move bricks need to prepare usdt and BTC. When the price difference appears, it is convenient to move bricks There are also handling charges for cross platform currency transfer.)
the above is the principle and steps of risk-free arbitrage using BTC and usdt. It also has a big name: quantitative hedging. The fundamental purpose is to earn usdt, not BTC
You can take a closer look at this: Web linksTesla's US official website supports bitcoin payment, which I don't think is a kind of naked hype. 1. They accept bitcoin payment, which shows that they recognize the value of bitcoin. 2. Buying Tesla with bitcoin is an exchange of money and goods. There is no hype. 3. Tesla also bought 150 million bitcoin, so there is no need for hype
as a leading new energy enterprise, Tesla should be familiar with. Tesla cars are beautiful and cost-effective. Moreover, a Tesla factory has been set up in Shanghai, which enables many Chinese consumers to buy cheaper new energy vehicles in the future. Tesla's US official website supports bitcoin payment. I don't think it's a kind of naked hype, because they have bought 150 million bitcoins themselves. They recognize the value of bitcoin. If you use bitcoin, you can completely exchange it for new energy vehicles. It's an exchange of money and goods, which has nothing to do with hype
Tesla's US official website supports bitcoin payment. Their purpose is actually very simple, they want to have more bitcoin, so they have the voice of bitcoin, which is very beneficial to them , which is the real reason why they support bitcoin payment
however, I also want to remind you that at present, some MLM coins are also used under the guise of bitcoin to carry out MLM fraud, claiming that they have the background of large international companies. However, after our understanding and investigation, they are all deceitful. They have no relationship with those companies, and even the companies that are compiled do not exist. I hope this netizen will be alert. If you don't understand bitcoin, stay away from bitcoin, or go to bitcoin home to learn some basic knowledge about bitcoin.