Does the economics behind exchanges allow to profit from crypto exchange rates?

Say we have TheBestCryptoMarketSiteEver.com

I have $1000.
I buy BTC with those
I buy ETH with the BTC
I buy LTC with the ETH
I buy USD With the LTC

There's a fee for each of those transaction 0.1% - 0.5% depending.

Would an exchange site's rates ever vary enough to allow for profit from the above gymnastics? Would it be possible to ever end up with more USD than I started with ?

exchange-rate

Иво Недев

Posted 2018-06-07T09:53:51.070

Reputation: 101

1Depends on the timeframe you're talking about, but generally, yes. – Rutger Versteegden – 2018-06-07T16:56:40.183

@RutgerVersteegden Can you expand on what you mean by time-frame, what' might be more preferable option – Иво Недев – 2018-06-08T07:21:35.697

Does the economics behind exchanges allow to profit from crypto exchange rates?

No answers