#ETH走势分析 Recently I saw a crazy strategy—triangular currency exchange arbitrage.
Stablecoin prices on the mainland are trending downward, while in Hong Kong they're still basically pegged to the US dollar. Some people have started playing this game: buying coins at a low price on the mainland and cashing out via Hong Kong cards, pocketing nearly a 2% spread.
This isn’t actually anything new. A few years ago, when the ruble's exchange rate crashed, some people did triangular arbitrage with rubles, and you know how that ended—they ended up in jail.
Now they're using stablecoins for this, which makes tracking a lot harder and lowers the entry barrier. But the problem is, given the current regulatory environment, even just buying coins could get you investigated. Are you really willing to mess with this kind of gray area? No matter how tempting the spread is, you really need to weigh the risks. Don’t risk your own future for a 2% profit.
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HashRateHermit
· 11h ago
Seriously, isn't Russia's previous example warning enough? Attractive interest rate spreads may be tempting, but ending up in jail is even more thrilling...
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BlindBoxVictim
· 21h ago
You expect me to take this risk for just 2 points? That’s hilarious. I’m not stupid.
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ConfusedWhale
· 12-08 19:36
You dare to play this with just two points? Haven’t the lessons from the past few years been enough?
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FastLeaver
· 12-08 03:18
Is a profit of just two points really worth taking such a big risk? In my opinion, it's more important to survive first and then make money.
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bridge_anxiety
· 12-08 03:15
Is it really worth taking this risk for just two points? I think something is bound to go wrong sooner or later.
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SerumSqueezer
· 12-08 03:14
You have to bet on the policy environment for just this little interest rate spread? I feel anxious for them just watching.
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StakeOrRegret
· 12-08 03:09
Is it really worth exchanging two points of interest rate spread for a meal ticket?
#ETH走势分析 Recently I saw a crazy strategy—triangular currency exchange arbitrage.
Stablecoin prices on the mainland are trending downward, while in Hong Kong they're still basically pegged to the US dollar. Some people have started playing this game: buying coins at a low price on the mainland and cashing out via Hong Kong cards, pocketing nearly a 2% spread.
This isn’t actually anything new. A few years ago, when the ruble's exchange rate crashed, some people did triangular arbitrage with rubles, and you know how that ended—they ended up in jail.
Now they're using stablecoins for this, which makes tracking a lot harder and lowers the entry barrier. But the problem is, given the current regulatory environment, even just buying coins could get you investigated. Are you really willing to mess with this kind of gray area? No matter how tempting the spread is, you really need to weigh the risks. Don’t risk your own future for a 2% profit.