Virgil Capital Founder Stefan Qin shares his strategy on taking advantage of the volatility in bitcoin (BTC), ether (ETH), and ripple (XRP), during a panel talk on CNBC. Qin’s firm uses proprietary technology to scan numerous cryptcurrency exchanges and take advantage of the price discrepancies among them. Using an arbitrage strategy, his firm buys bitcoin at a low price on one exchange and then sells it on another exchange where it is trading at a higher price, he says. Cryptocurrency exchanges in Asia, especially China and Japan, along with Western exchanges are particularly good for this form of arbitrage, Qin says. Read more here.

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