Say we have TheBestCryptoMarketSiteEver.com

I have $1000.
I buy BTC with those
I buy ETH with the BTC
I buy LTC with the ETH
I buy USD With the LTC

There's a fee for each of those transaction 0.1% - 0.5% depending.

Would an exchange site's rates ever vary enough to allow for profit from the above gymnastics? Would it be possible to ever end up with more USD than I started with ?

  • 1
    Depends on the timeframe you're talking about, but generally, yes. – Philips Kuyper Jun 7 '18 at 16:56
  • @RutgerVersteegden Can you expand on what you mean by time-frame, what' might be more preferable option – Иво Недев Jun 8 '18 at 7:21

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