#cryptocurrency #math #arbitrage problem.
Okay, put on your trading hats!
I just sold 76 $KUJI at 71.8¢-per for 8362 $LOCAL at 0.717¢-per.
- What's the ratio LOCAL/KUJI of this trade?
- If I sell-back the $LOCAL at market price, how much $KUJI do I get? How much do I GAIN?
BONUS!
Which is the better trade? by how much $KUJI?
- LOCAL -> KUJI
or
- LOCAL -> USK -> KUJI
You may ask ./emily to help you if you'd like.
- (answer)
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