How does Gold Trading work?

Discussion in 'Market Discussion' started by Verzik Sales, Sep 30, 2022.

How does Gold Trading work?
  1. Unread #1 - Sep 30, 2022 at 5:22 AM
  2. Verzik Sales
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    Verzik Sales Forum Addict

    How does Gold Trading work?

    Hello everyone, not sure if this the right section so If an admin can change it to the right that would be great.
    So I attempted to do gold Trading at the start of my Sythe journey but in all honesty didn't really understand it..
    If a player sells you gold for lets say 0.31/m (07) and you sell for 0.32/m(07) how do you profit?
    Doesn't every crypto business/application charge you a small percentage for withdrawals so how do these big bulk buyers make a profit?
    As well as this doesn't the price of BTC / Ethereum fluctuate on a daily basis?
    Trading on a large scale (daily in large amounts) doesn't that cause bans? Do Buyers use a VPN?




    These questions are just for me to understand how to get into this, I want to just focus on 07 Gold trading.

    Thanks
     
  3. Unread #2 - Oct 1, 2022 at 7:45 AM
  4. Verzik Sales
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    How does Gold Trading work?

    bump
     
  5. Unread #3 - Oct 3, 2022 at 1:56 PM
  6. K_Jayce
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    How does Gold Trading work?

    I think sellers will usually charge $0.4 so you make $10 off of 100m. there are some bans yea i guess you just deal with it

    it' just business.

    be careful who you do business with and hopefully jagex doesn't ban you
     
  7. Unread #4 - Oct 3, 2022 at 4:38 PM
  8. Verzik Sales
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    How does Gold Trading work?

    from what I have seen it's usually like a 0.01 difference in buying and selling?
     
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