The exchange rate on the Indian exchanges is 130-140$ higher compared to the American exchanges.
Currently the difference between
Bitfinex and
Btc Trade India is more than 140$ per bitcoin, and I intend to take some advantage of that.
If my math is right, on a trade of 16btc I will make more than 2K. God bless India.
Of course You can do arbitase, but there are some problem if you want do it, at least 3 problem in my opinion
1. You must use payment method for withdrawal the fiat money are like paypal or other
2. You must have partner Indian people and he must be trusted or your money will be lost
3. You must use large of capital and 2K is not enough because you just get $140/ bitcoin and be shared with your partner. And you must pay fees too.