I'm Kevin, I have been in this crypto for 8 months now.
I am a Korean, and I have working bithumb and upbit accounts.
As you know bitcoin and ethereum and all coin prices on Korean exchanges are high.
The lowest margin profit was 3% and the highest was 52% (yesterday).
Basically, you get 0.8 bitcoin for free by buying $50,000.00 USD worth of bitcoin outside Korea,
then selling it to Korean exchange.
So if it's this good, why don't I take all the profit alone?
Well, I did make huge money until the banks in Korea now starts rejecting.
https://www.reddit.com/r/btc/comments/7or3q9/genuine_question_about_korean_exchange_arbitrage/If you read the post, I wrote that Korean banks are blocking international bank transfers to exchanges now.
So I am stuck here.
I am willing to work with any traders from outside Korea who is able to receive USD from me and
buy from non-Korean exchange and send it to me through wallet. Then, I cash out here in Korean exchange and
split the profit and send it back to you. Repeatedly. I own a company here in Korea with open addresses.
I have no intentions of scam or cheat or any sort of those crap. Just a dude who wants to spread the crypto and
win together. Also, I am not looking to do this with
Shoot me an email if you are interested:
j.haesun@yahoo.comAnd, if you are a non-Korean who is trying to do arbitrage in Korea.
It is not going to work for now, maybe few months later.
You probably already know this but the government banned
all foreign registrations
and dealing with Korean exchange is pain in the ass.
You get your account on hold for trying to sending your own bitcoin to your private wallet...
Seriously...