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Some exchanges offer fee-less withdrawals (like Bitstamp), which makes arbitrage more profitable. I'm pretty sure they'd ban you ASAP if you're withdrawing like
by nlperguiy 9y ago
Some exchanges offer fee-less withdrawals (like Bitstamp), which makes arbitrage more profitable. I'm pretty sure they'd ban you ASAP if you're withdrawing like crazy (they are paying your fees in BTC).
As for transfer times for BTC not being a problem, 1 hour is a gamble in cryptocurrency world.
- celticninja 9y agoThey won't ban you for withdrawing. If you withdraw lots then you have purchased lots, the exchange makes a cut each time you buy. BTC fees are minimal and exchanges can craft more efficient transactions too, so they are not going to ban anyone for making too many withdrawals.