Most of us do not use Poloniex, but there is a decent number of people who still use Poloniex to sell their Steembit dollars aka SBD, most of them being traders with little amounts/less active. The reason i guess is they might have not heard about Poloniex scam, so they still stick to Poloniex because of the little transaction fees it charges.

So what i actually intended to point out through this blog is, huge difference of SBD prices in two exchanges POLONIEX AND BITTREX, for current days.

Obviously bittrex is offering way much better, 2x to be exact.

Then why on the name of GOD, some of us are using POLONIEX to sell their SBD?

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Second point i want to talk about is,

IMAGINE

I transfer some amount of btc from bittrex to Poloniex.
Then i buy SBD at 5$ using my btc.
Then i transfer my SBDs from Poloniex to Bittrex.
Then i sell them at 11$.
💸💸💸💸Profit profit profit.💸💸💸💸💸

But why would not i do it?

First because, no way i trust Poloniex with my money.

Second because, they already have halted SBD transaction with this message.

So no one wants their money to be stuck on dicey exchange like Poloniex.

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MONEY MAKING SCHEME?

But what i just told you about the difference of price in currency on these two exchanges has happened earlier for coin

XCP

and i made some profit too 😁😁😁.

So you gotta keep an eye on the price of a particular crypto on various exchanges, stroke of luck and free money 💰💰

and you can just simply use https://www.worldcoinindex.com/1 to check on the prices in detail on whichever website you like.

With love :

Your's That Indian Lady