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Speculators also move coins between exchanges in search of better speculation opportunities, and to convert from and to "fiat" in those exchanges that allow it
by danmaz74 9y ago
Speculators also move coins between exchanges in search of better speculation opportunities, and to convert from and to "fiat" in those exchanges that allow it (but are worse for specularing)
- mrb 9y ago90% of speculators don't do this. The process to sign up and verify is usually so arduous (because of excessive fraud) that once they are verified they trade and stay at only one exchange.