Topic: Btc arbitrating (Read 78 times)

First off, are you asking for a loan?  I don't see anything in your wall of text resembling a loan request, an amount requested, an interest rate offered, or a repayment date.  What is it you hope to accomplish by posting in this section?


Do you know what "peer-to-peer" means?  Because, most of us here do.  So, if it's a P2P exchange, why do you need your own supply of bitcoin?

Business Proposal: Bitcoin Trading in South Africa and Zimbabwe

Executive Summary

The purpose of this proposal is to present a business opportunity for buying Bitcoin in South Africa at wholesale prices and selling it at a markup in Harare, Zimbabwe. This opportunity is based on the following factors:

Bitcoin is a popular and growing cryptocurrency that offers a decentralized, secure, and transparent way of transferring value across borders.
South Africa has a well-developed and regulated Bitcoin market with several reputable exchanges that offer competitive prices and low fees for buying and selling Bitcoin.
Zimbabwe has a high demand for Bitcoin due to its economic and political instability, hyperinflation, and currency shortages. However, the supply of Bitcoin is limited and expensive due to the lack of reliable and accessible exchanges, as well as the legal and technical challenges of operating in the country.
There is a potential arbitrage opportunity between the South African and Zimbabwean Bitcoin markets, where one can buy Bitcoin at a lower price in South Africa and sell it at a higher price in Harare, generating a profit margin.
Business Model

The proposed business model is as follows:

The business will operate as a peer-to-peer (P2P) platform that connects buyers and sellers of Bitcoin in Harare, Zimbabwe.
The business will source Bitcoin from reputable exchanges in South Africa, such as Coinmama1, easycrypto.com2, or Paxful3, using various payment methods such as credit or debit cards, bank transfers, or gift cards.
The business will transfer the purchased Bitcoin to a secure and accessible wallet that can be used to sell Bitcoin in Harare.
The business will advertise its services on online platforms such as LocalBitcoins4 or LocalCoinSwap3, as well as offline channels such as word-of-mouth, flyers, or posters.
The business will offer competitive prices for selling Bitcoin in Harare, based on the prevailing market rates and the exchange rate between the South African rand and the Zimbabwean dollar.
The business will accept various payment methods from its customers in Harare, such as cash, mobile money, or bank transfers.
The business will deliver the sold Bitcoin to its customers’ wallets within a reasonable time frame, depending on the network confirmation speed and the payment method used.
The business will charge a commission fee for each transaction, which will cover its operational costs and generate its revenue.
Market Analysis

The market analysis for this business opportunity is based on the following sources:

According to BuyBitcoinWorldwide.com1, South Africa ranks second in the list of countries that are most interested in Bitcoin after Nigeria, according to Google Trends. The site also states that South Africa has several popular and reliable exchanges that offer low fees and high limits for buying and selling Bitcoin.
According to SAShares.co.za2, cryptocurrency trading in South Africa is currently unregulated but the government is working on a new regulatory framework to control the cyber-banking industry. The site also states that SARS (South African Revenue Service) makes it clear that any earnings from cryptocurrency trades are subject to taxation.
According to CoinATMRadar.com5, there is only one Bitcoin ATM in Harare, Zimbabwe, which offers both buying and selling services. However, the site also states that the ATM has high fees of 10% for buying and 15% for selling, as well as low limits of $100 per transaction.
According to ITWeb.co.za6, one of the most common methods Zimbabweans use to buy Bitcoin is by buying or converting their gift cards into Bitcoin. However, this method is risky and costly, as it involves trusting third-party platforms that may charge high fees or scam their users.
According to LocalBitcoinguide.com3, there are several P2P platforms that allow users to buy and sell Bitcoin in Zimbabwe with various payment methods. However, these platforms also have their drawbacks, such as low liquidity, high volatility, security risks, and legal uncertainties.
SWOT Analysis

The SWOT analysis for this business opportunity is as follows:

Strengths:

The business can leverage the existing infrastructure and regulation of the South African Bitcoin market to source Bitcoin at competitive prices and low fees.
The business can tap