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If I were to purchase one Bitcoin in Australian (AUD) that is in the tens of thousands of dollars as of this moment, would I be able to sell this bitcoin in American (USD), which is in the thousands? Subsequently making profit from the process as the US dollar is worth more than the Australian.

Thanks

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No, the price in each currency would have the exchange rate factored into it, you would most likely make a loss due to exchange fees converting from AUD to USD and back after you buy/sell. (assuming the price of bitcoin was stable through the whole process)

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