Hi Guys,
I've personally used BTCChina to conduct arbitrage, and am aware of the limitations they impose, pretty straight forward, so no need to stress.
They are:
- BTC max withdrawal is 10BTC a day
- RMB minimum withdrawal is 200RMB a day (have tried, succeeded to withdraw without any problems, but only received 198RMB as they take a 1% fee for wire withdrawals)
- RMB maximum withdrawal is 49999RMB a transaction
- No maximum number of withdrawal transactions (so we can do multiple 49999RMB withdrawals)
- 1% fee for wire withdrawals
- 0.5% fee for tenpay withdrawals (up to 20000RMB daily)
If you're looking to conduct arbitrage, we can partner up so long as you have a steady supply of of cheap BTC. PM me if any further Q's.
Feel free to tip
13zso6cTPrBtuH7wqy4iJwfV561awCujvp
Cheers,
Sam