Trading is one of the four ways to earn a profit in Bitconnect. This also applies to other coins in the market. This investment option can be used to profit on price fluctuation of Bitconnect Coin (BCC). You can buy BCC at a lower price and lend or sell them at a higher price.
There is no question that arbitrage is legal because the arber is simply exploiting price differences in the market, effectively buying and selling as any trader does. There is nothing illegal about this.
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Disclaimer: This video should not be taken as financial advice.