Our 3rd update on Huobi DM's LTCCW and Binance's LTCUSDT since 14th September 2019. Huobi DM's BCH_CW to Huobi Pro's BCHUSDT reached a seven day high on the 7th January 2020 at 19:29 showing a 18.43% shortening from the ninety day high of 1.378, confirming a difference of -0.254 in 34 days, the pairing is sitting at 0.276 as of 10th January from 16:23 looking at profit of 0.00006075 BTC with every one bitcoin traded. Since we began we have viewed this topping off at 1.124 since the 1st of January 2020. In the last 24 hours the spread reached a high of 1.003 meaning -0.375 shortening from the year high resulting in a 27.2% shortening. Huobi DM's and Huobi Pro's BCH_CW to BCHUSDT is placed 116th currently. This spread isn't a high yield action, and not in the same league as Okex ETH-USDT to Bitmex ETHH20 and HBDM BTC_CQ to Binance BTCPAX which should take your trading dollars.
10th January 2020 16:23:33 UTC - 2 weeks ago
Huobi DM BCH_CW @ 258.86600000
Huobi Pro BCHUSDT @ 258.59000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00006075 BTC with a 0.188% return
Bitcoin Trade Size
This contributes to a profit of 0.001256 BTC when you put up 20.67 BTC of BCH_CW at Huobi DM at the price of 258.86600000 and order the very same quantity of 20.67 bitcoin of BCHUSDT at Huobi Pro priced at 258.59000000 giving a 10.05 USD net gain with BTC stable at 8,000 USD. We would advise look into this, as it would result in profit when performed to the amount of 0.000061 for each one BTC. With everything reported it seems points that the profits would be curbed making it not worthwhile considering the profits presented by HBDM BTC_CQ to Binance BTCPAX returning 0.01891963 bitcoin return per one bitcoin at this moment.
Disclaimer : We are not financial consultants and all financial transactions are the responsbility of the user, this information provided is only valid at the timestamp of 10th January 2020 16:23:33, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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