# Heads up: grin arbitrage

**URL:** <https://forum.grin.mw/t/heads-up-grin-arbitrage/8019>\
**Category:** Market\
**Created:** [December 3, 2020, 8:05am UTC](https://forum.grin.mw/t/heads-up-grin-arbitrage/8019 "2020-12-03T08:05:53Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![Wolfshrike](https://yyz2.discourse-cdn.com/flex036/user_avatar/forum.grin.mw/wolfshrike/32/2657_2.png) [@Wolfshrike](https://forum.grin.mw/u/Wolfshrike)\
**Post date:** [December 3, 2020, 8:05am UTC](https://forum.grin.mw/t/heads-up-grin-arbitrage/8019/1 "2020-12-03T08:05:53Z")

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I got my grin off poloniex which took me weeks of emails btw.  
Never trusting poloniex with that shit again.  
Any way I opened an account with [gate.io](http://gate.io)  
They have a nice app and website and their alt coin markets seem good.  
Checking the global market tab it seems that hitbtc has a high price on grin but be warned I read that hitbtc have a bad reputation so seller beware.  
Can any one confirm if grin is actually 0.44$ there cause it’s an easy swing trade from buying at 27c for me if it’s true

 ![image](https://canada1.discourse-cdn.com/flex036/uploads/grin/original/2X/0/0a1a0b6d338e7db5e08c5831a97da30f08fe6af3.jpeg)

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**Author:** ![bluimes](https://avatars.discourse-cdn.com/v4/letter/b/d26b3c/32.png) [@bluimes](https://forum.grin.mw/u/bluimes)\
**Post date:** [December 3, 2020, 8:32am UTC](https://forum.grin.mw/t/heads-up-grin-arbitrage/8019/2 "2020-12-03T08:32:38Z")

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Great, nice that you got your funds back

Could you ask [Gate.io](http://Gate.io) if they will support slatepacks next HF in January?  
[https://docs.grin.mw/grin-rfcs/text/0015-slatepack/](https://docs.grin.mw/grin-rfcs/text/0015-slatepack/)

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**Author:** ![Paouky](https://yyz2.discourse-cdn.com/flex036/user_avatar/forum.grin.mw/paouky/32/513_2.png) [@Paouky](https://forum.grin.mw/u/Paouky)\
**Post date:** [December 3, 2020, 10:25am UTC](https://forum.grin.mw/t/heads-up-grin-arbitrage/8019/3 "2020-12-03T10:25:42Z")

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Seems accurate. But I don’t see how you would take advantage of it when they don’t allow grin deposits, which is exactly the reason this arb exists.

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**Author:** ![Wolfshrike](https://yyz2.discourse-cdn.com/flex036/user_avatar/forum.grin.mw/wolfshrike/32/2657_2.png) [@Wolfshrike](https://forum.grin.mw/u/Wolfshrike)\
**Post date:** [December 3, 2020, 4:27pm UTC](https://forum.grin.mw/t/heads-up-grin-arbitrage/8019/4 "2020-12-03T16:27:44Z")

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Ah rip  
I didn’t realise you couldn’t deposit on the exchange.  
Very strange.  
Sorry for the false alarm, I was under the impression you could deposit and withdraw there.