if you agree to send money in advance or ask an intermediary in Vietnam. I can buy for you.
In South Korea, and on local exchanges, traders need three important components to trade fiat-to-cryptocurrency. A mobile phone, a bank account, and verification. Foreign traders that have claimed they have been able to open accounts on Bithumb are either not verified or not allowed to process fiat-to-cryptocurrency trades, because in order to do so, a South Korean bank account is necessary.
So In order to conduct crypto arbitrage on Korean exchanges, an approved Korean resident is required.
I have already been approved by the Korean Exchange and now I just want to make a profit on the chance that the kimchi premium has risen to 18%.
Thank you.
We all know that. But what we are discussing here is not that, you want money from me for you to use arbitrage and how can I trust you (not an exchange) that you will not run away money?
If in doubt, I can send money first. When I send money, all you have to do is buy the cryptocurrency(Omit if there is cryptocurrency in possession ) and send it to me.
But in this case I'll have most of the profits and I'll pay you a 1% commission ( because you don't even provide capital, have to pay any currency exchange fees, withdrawal fees or transaction fees)
I'm just looking for trusted friends in this community to do crypto arbitrage together. Thanks