Post
Topic
Board India
Re: Looking For India-Based ARBITRAGE PARTNER
by
ensign_lee
on 20/12/2017, 13:18:47 UTC
Hi guys,

I am based in Western countries where the price of BTC is far lower then Indian prices (I've seen anywhere from 10%-27% price differences). This presents a large arbitrage opportunity for both the short term and long term.

I have an opportunity for anyone who wants to Partner with me in an Arbitrage Deal, where we both benefit from you being based in India and myself being based in multiple Western countries.

If you are interested, please let me know ASAP.

PS: The concept of Arbitrage trading has been around since the dawn of time, except this time it's simply with Crypto. Buy low on one exchange, sell high on another. Simple.
How will it work?You buy btc and send to me.I on my part will sell It on Indian exchange. We split the profit 50-50.right?

This is a risky move and you may attract FEMA if found guilty of foreign transactions.Better to buy/sell on local exchanges.