Topic: Buy BTC cheap in one country and sell high in another country (Arbitrage) (Read 120 times)
January 10, 2018, 03:25:37 PM
I live in pakistan and I have seen that there is a growing demand for bitcoin here but no other way to buy them except at localbitcoins.com. To give you an idea as of today BTC rate on coinmarketcap is 14337 USD but on localbitcoins.com pakistani people are selling it at a rate of (equivalent of Pakistani Rupees) 16655 USD. This equals to almost 16% instant profit. So if there is any willing person from other country who can get bitcoins cheap at international market rate do contact me we can make some profit together using this price difference.
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