Crypto Arbitrage Opportunity | Bitcointalksearch.org

Yamane_Keto

hero member

Activity: 630

Merit: 510

Quote from: onyi85 on December 20, 2023, 05:00:36 AM

I agree! We run an OTC desk & we know how we do it as we are a Market Maker & handle both fiat and crypto for businesses & high net worth individuals. We source some the coins locally at good rates to supply our customers so the local currency goes back to the supplier!

Managing an OTC desk means that you have access to resources exceeding $100,000 on average with a company that has a number of legal and marketing consultants. Therefore, it is strange that you introduce yourselves in this way on the forum. There are ANN and ways to introduce the forum that are better than the method above. I thought you were at the beginning of implementation. The idea, but it seems that everything is ready and you are promoting it.

Quote from: onyi85 on December 20, 2023, 05:00:36 AM

We are strategic on how we handle the business.

If this is true, then you have presented yourself incorrectly here. Ask the marketing team for more professional work.

onyi85

newbie

Activity: 38

Merit: 0

Quote from: Husires on December 20, 2023, 04:42:36 AM

In order to succeed in this, you must have a business in an African country. Selling Bitcoin will generate large amounts of local currency , which you will need to use it to buy raw products from Africa and sell them to China or any other country in exchange for the dollar. You will use the dollar to buy more of the Bitcoin that you are selling for local currencies. without this closed cycle, you will find yourself either not having Bitcoin, or a dollar to buy Bitcoin, or you have a surplus of local currency and do not know how to get rid of it.

I agree! We run an OTC desk & we know how we do it as we are a Market Maker & handle both fiat and crypto for businesses & high net worth individuals. We source some the coins locally at good rates to supply our customers so the local currency goes back to the supplier!

When we have demand for buying in dollar, then we source in dollars.

We are strategic on how we handle the business.

onyi85

newbie

Activity: 38

Merit: 0

Quote from: Obari on December 20, 2023, 04:20:17 AM

Quote from: onyi85 on December 20, 2023, 04:01:27 AM

If you are looking to buy Bitcoin & USDT in Africa at good rates, reach out to me!

Thank you!

Well, I’m reaching out to you now and I hope all conversations be kept on this your very thread and since I’ve heard so much arbitrage, I think you should throw more light on how you intend to do this and does this offer only applies for Africans or those living in Africa alone ?

All these are also similar scam attempts and I don’t want to point you as a scammer or anything of such that’s why I want to let you proceed with that it will take an interested member who wants to buy bitcoin or usdt from you and how do you also want to send the bitcoin with this current high transaction fees

No, it could be even China and not necessarily Africa. That was an example.

For your second paragraph, an escrow is needed to facilitate the transactions. One that both parties can agree on! For the fees, unless its liquid usdt then it will work. I dont know if Blockstream offers liquid BTC I will have to check, nothing much can be done for the fees.

Husires

legendary

Activity: 1596

Merit: 1288

In order to succeed in this, you must have a business in an African country. Selling Bitcoin will generate large amounts of local currency , which you will need to use it to buy raw products from Africa and sell them to China or any other country in exchange for the dollar. You will use the dollar to buy more of the Bitcoin that you are selling for local currencies. without this closed cycle, you will find yourself either not having Bitcoin, or a dollar to buy Bitcoin, or you have a surplus of local currency and do not know how to get rid of it.

onyi85

newbie

Activity: 38

Merit: 0

Quote from: _act_ on December 20, 2023, 04:21:16 AM

If you want to be involved in something like this, you suppose to post this post on currency exchange because you are exchanging from one currency to another.

You post about it is not good at all. You need to make a better OP for this. This look like how scammers offer their fake service to people with little effort.

With how this is, I can not recommend anyone to use your service. Your account is newbie and no escrow.

I appreciate your concern! My account is not new probably 4 or 5 years & I have not been active here.

I mean I can provide my details to anyone interested and they can check me online & in case anything happens I'm open for any prosecutions.

I will take your advice into consideration.

Thank you.

_act_

legendary

Activity: 1106

Merit: 1337

Lightning network is good with small amount of BTC

If you want to be involved in something like this, you suppose to post this post on currency exchange because you are exchanging from one currency to another.

You post about it is not good at all. You need to make a better OP for this. This look like how scammers offer their fake service to people with little effort.

With how this is, I can not recommend anyone to use your service. Your account is newbie and no escrow.

Obari

hero member

Activity: 602

Merit: 442

A Proud Father of Twin Girls 👧 👧

Quote from: onyi85 on December 20, 2023, 04:01:27 AM

If you are looking to buy Bitcoin & USDT in Africa at good rates, reach out to me!

Thank you!

Well, I’m reaching out to you now and I hope all conversations be kept on this your very thread and since I’ve heard so much arbitrage, I think you should throw more light on how you intend to do this and does this offer only applies for Africans or those living in Africa alone ?

All these are also similar scam attempts and I don’t want to point you as a scammer or anything of such that’s why I want to let you proceed with that it will take an interested member who wants to buy bitcoin or usdt from you and how do you also want to send the bitcoin with this current high transaction fees

onyi85

newbie

Activity: 38

Merit: 0

Did you know that you could make opportunities in Crypto through arbitrage?

Buy Bitcoin in Africa & sell it to any country where there is high demand for it!

If you are looking to buy Bitcoin & USDT in Africa at good rates, reach out to me!

Thank you!

Topic: Crypto Arbitrage Opportunity (Read 100 times)