Quote from: bartolo on May 20, 2017, 08:27:05 PM

Quote from: nextgenguy on May 20, 2017, 08:30:44 AM

Quote from: Idrisu on May 20, 2017, 08:24:48 AM

Quote from: beerlover on May 20, 2017, 06:15:59 AM

Indian market unocoin sells bitcoins approximately for $2470 and we can sell there for $2380 and bitstamp is right now trading at $1985.
I did see people were arbitrage trading with Korean exchange some times back, now Indian exchange offers similar opportunity. Plan up to gain easy and sure-shot profits.

Thank for this information, many of us trading will do research on what you just post now and if there is probability of arbitrage trade. $400 different is enough to cover exchangers and banking fees. Indians also have a very wide opportunity for other bitcoin trading, like margin, buying and hold and sltcoins flipping.

Yeah, the difference is pretty good. But only Indian citizen can get account in places like Unocoin since they need government issued verification to buy/sell.

I have an Unocoin account, but I dont know where to buy BTC for the actual trading cost. Can someone help me with that? Some place that sells BTC for Paypal or Debit card for people in other countries and without much verifications.

There is a website called Virwox where people buy bitcoin with paypal. They actually buy Linden $ (SLL) and then sell it for Bitcoin. They charge high rates but but it´s worth it at the end if the gap is still so large. Another option is Localbitcoins but there sellers usually ask for many verifications.

LocalBitcoins is not an option since even they sell at these high costs. Tell me about this VirVox. Can you explain more? Im not able to find much about it.

nextgenguy

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