So I live in the U.S and I have family in Korea. Obviously there is a great opportunity for arbitrage but was wondering if there were any downsides to it. I would buy bch/btc/eth here then send it to my cousin in Korea and she sells right away for 50-60 percent more. Is there anything wrong with this plan??
I think it's good because we do arbitrage is to gain profit from the difference of price and exchange rate of currency, so for me this is legitimate only and many people who do something like this