Today I took advantage of another BFUSD arbitrage opportunity.
The operation is actually quite simple: search for BFUSD, go to the spot trading interface, and buy 100 when the price drops below 1. Then go straight to the redemption feature, select quick redemption, and you can exchange these 100 BFUSD for 100 USDT at a 1:1 ratio.
Currently, the platform offers a daily free redemption quota of 100, which is perfect for this strategy. Based on today’s prices, this round-trip earned a spread of 0.07U.
Although it’s not much money, small profits add up. Spending two minutes on this every day can bring a few stable U in a month. The key is that it’s almost zero risk—BFUSD is stably pegged, and the price spread is limited. There aren’t many mindless arbitrage opportunities like this left, so I’ll take advantage of it while I can.
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Anon4461
· 12-05 04:47
Wait, can this really keep being exploited? Feels like the platform will close this loophole someday.
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gm_or_ngmi
· 12-05 04:43
Ha, it's the same old trick again. The platform should have patched this loophole a long time ago.
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LiquidityWhisperer
· 12-05 04:34
Haha, I’ve found another money-making loophole. You have to seize these opportunities early.
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NonFungibleDegen
· 12-05 04:30
ngl this is just free money with extra steps lmaooo... def aping in tomorrow ser
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LucidSleepwalker
· 12-05 04:26
Wait, are these 100 free credits really available every day? Is there a chance they might suddenly disappear one day?
Today I took advantage of another BFUSD arbitrage opportunity.
The operation is actually quite simple: search for BFUSD, go to the spot trading interface, and buy 100 when the price drops below 1. Then go straight to the redemption feature, select quick redemption, and you can exchange these 100 BFUSD for 100 USDT at a 1:1 ratio.
Currently, the platform offers a daily free redemption quota of 100, which is perfect for this strategy. Based on today’s prices, this round-trip earned a spread of 0.07U.
Although it’s not much money, small profits add up. Spending two minutes on this every day can bring a few stable U in a month. The key is that it’s almost zero risk—BFUSD is stably pegged, and the price spread is limited. There aren’t many mindless arbitrage opportunities like this left, so I’ll take advantage of it while I can.