The price of BRL is 1.35 USDT on KuCoin but on Binance it's 5.24 USDT at the time of writing this. This is a significant inefficiency between the two exchanges. I also checked the amount of liquidity on both exchanges at their respective market prices for this pair, and there is currently enough liquidity for at least 10k USD worth of BRL to be sold on KuCoin. I am only making this post because I don't have access to a Brazilian bank account and thus cannot make this trade myself, so I thought someone else out there might as well benefit from it. Follow me for more posts like this.
