Looking For India-Based ARBITRAGE PARTNER

deepakg2m

copper member

Activity: 490

Merit: 2

Quote from: Tushar Ramani on December 20, 2017, 02:30:39 PM

Quote from: getshitdone on December 19, 2017, 05:39:17 AM

Hi guys,

I am based in Western countries where the price of BTC is far lower then Indian prices (I've seen anywhere from 10%-27% price differences). This presents a large arbitrage opportunity for both the short term and long term.

I have an opportunity for anyone who wants to Partner with me in an Arbitrage Deal, where we both benefit from you being based in India and myself being based in multiple Western countries.

If you are interested, please let me know ASAP.

PS: The concept of Arbitrage trading has been around since the dawn of time, except this time it's simply with Crypto. Buy low on one exchange, sell high on another. Simple.

Not possible. In India, all bitcoin trading are executing through KYC. If even 7-8K$ transaction executed, Income tax department of India come into Indian guys's door next day:)

Exactly! It is very difficult and risky rather next to impossible . It is much better and safer to trade and exchange on local exchanges in small amounts.

bright07

jr. member

Activity: 392

Merit: 8

It can't happen. A problem creates while selling bitcoin and in amount transaction also.

knoxshaan

newbie

Activity: 42

Merit: 0

I'm interested in this. Send me some additional information, please. Thanks.

Templars

newbie

Activity: 24

Merit: 0

DM me details.

SixOfFive

sr. member

Activity: 630

Merit: 257

It can be really a good profit making idea. Indian exchanges have BTC at little higher rate than In western countries. But this idea can only work if we have mutual trust on each other. This kind of transaction are higher risky and you should only deal with some known person only.

Netzcrypto

newbie

Activity: 32

Merit: 0

If you’re still interested, drop me an email to [email protected]

Templars

newbie

Activity: 24

Merit: 0

we can do that, DM me your contact info.

takingbreath

newbie

Activity: 1

Merit: 0

I am interested in partnering with you to arbitrage Crypto.
Drop me a mail on [email protected]

ctechman

newbie

Activity: 2

Merit: 0

I am also thinking about it, let's discuss on pm where I will be able to share my social details.

reallyforsure

newbie

Activity: 1

Merit: 0

Hello mate, how about Indonesia. The prices in Indonesia are very high too and im based in Indonesia. so let me know if you are interesting

chiggz

sr. member

Activity: 434

Merit: 252

I doubt this is possible without any Government official knocking your door. As explained by Zebpay (One of the top exchanges here) The price is higher in India because there is high demand for bitcoins in India and sellers are not ready to sell cheap. Similarly, there are days when Indian prices, again both buy and sell prices, are lower than the international market.

Secondly since everyone undergoes KYC before signing up to an exchange, every money coming and going is recorded.

So you might find someone with a lack of knowledge about these things with a hope to get rich in a coupe of days. But trouble is guaranteed.

Tushar Ramani

member

Activity: 400

Merit: 15

Crypto Ghost Since 2017

Quote from: getshitdone on December 19, 2017, 05:39:17 AM

Hi guys,

I am based in Western countries where the price of BTC is far lower then Indian prices (I've seen anywhere from 10%-27% price differences). This presents a large arbitrage opportunity for both the short term and long term.

I have an opportunity for anyone who wants to Partner with me in an Arbitrage Deal, where we both benefit from you being based in India and myself being based in multiple Western countries.

If you are interested, please let me know ASAP.

PS: The concept of Arbitrage trading has been around since the dawn of time, except this time it's simply with Crypto. Buy low on one exchange, sell high on another. Simple.

Not possible. In india, all bitcoin trading are executing through KYC. If even 7-8K$ transaction executed, Income tax department of India come into Indian guys's door next day:)

ensign_lee

hero member

Activity: 886

Merit: 500

Quote from: Wapinter on December 20, 2017, 07:25:35 AM

Quote from: getshitdone on December 19, 2017, 05:39:17 AM

Hi guys,

I am based in Western countries where the price of BTC is far lower then Indian prices (I've seen anywhere from 10%-27% price differences). This presents a large arbitrage opportunity for both the short term and long term.

I have an opportunity for anyone who wants to Partner with me in an Arbitrage Deal, where we both benefit from you being based in India and myself being based in multiple Western countries.

If you are interested, please let me know ASAP.

PS: The concept of Arbitrage trading has been around since the dawn of time, except this time it's simply with Crypto. Buy low on one exchange, sell high on another. Simple.

How will it work?You buy btc and send to me.I on my part will sell It on Indian exchange. We split the profit 50-50.right?

This is a risky move and you may attract FEMA if found guilty of foreign transactions.Better to buy/sell on local exchanges.

Wapinter

legendary

Activity: 2674

Merit: 1026

Hire me for Bounty Management

Quote from: getshitdone on December 19, 2017, 05:39:17 AM

Hi guys,

I am based in Western countries where the price of BTC is far lower then Indian prices (I've seen anywhere from 10%-27% price differences). This presents a large arbitrage opportunity for both the short term and long term.

I have an opportunity for anyone who wants to Partner with me in an Arbitrage Deal, where we both benefit from you being based in India and myself being based in multiple Western countries.

If you are interested, please let me know ASAP.

PS: The concept of Arbitrage trading has been around since the dawn of time, except this time it's simply with Crypto. Buy low on one exchange, sell high on another. Simple.

How will it work?You buy btc and send to me.I on my part will sell It on Indian exchange. We split the profit 50-50.right?

superm1

newbie

Activity: 1

Merit: 0

India has strict capital controls, so it's really not possible.

getshitdone

newbie

Activity: 17

Merit: 0

Hi guys,

I am based in Western countries where the price of BTC is far lower then Indian prices (I've seen anywhere from 10%-27% price differences). This presents a large arbitrage opportunity for both the short term and long term.

I have an opportunity for anyone who wants to Partner with me in an Arbitrage Deal, where we both benefit from you being based in India and myself being based in multiple Western countries.

If you are interested, please let me know ASAP.

PS: The concept of Arbitrage trading has been around since the dawn of time, except this time it's simply with Crypto. Buy low on one exchange, sell high on another. Simple.

Topic: Looking For India-Based ARBITRAGE PARTNER (Read 259 times)