Insane Arbitrage Opportunity

Many times two separate cryptocurrency exchanges have slightly different, or very different trading price for the same pair of coins. New traders immediately have the idea that if only they could buy the low price, and sell on the other exchange for the high price there would be immediate risk-free profit also known as an "arbitrage opportunity."

Let's do the math:

For example GIFTO is listed at the moment at 0.00038401 ETH on [Binance](https://goo.gl/ocZ7jg) and on [EtherDelta GIFTO/ETH pair](https://goo.gl/Q6CxJY) price is 0.000170000 ETH.

With 10 ETH you can buy 58821 from EtherDelta and then sell them immediately on Binance.com for 21 ETH. That's an easy 100% guaranteed quick profit with no risk.

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