Anyone into Bitcoin Arbitrage?

Fransh said:
I've send a good step by step guide to someone by PM. So if anyone else is interested PM me.
It's by no means very sophisticated but should help you if you just want to make a bit of cash while you can.
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I'd appreciate it if you could send it to me.
 
Fransh said:
I've send a good step by step guide to someone by PM. So if anyone else is interested PM me.
It's by no means very sophisticated but should help you if you just want to make a bit of cash while you can.
Click to expand...

Please send. Thanks
 
We have recently launched a new platform called BitDirect, which does the FX and the purchase from international exchanges on your behalf so that you can easily arbitrage Luno. Compare our prices and see. Register and call us if you want more info. Cheers.
 
BitDirect said:
We have recently launched a new platform called BitDirect, which does the FX and the purchase from international exchanges on your behalf so that you can easily arbitrage Luno. Compare our prices and see. Register and call us if you want more info. Cheers.
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Hmm who is willing to risk 50k min purchase on a new site :(
 
Gtx Gaming said:
Hmm who is willing to risk 50k min purchase on a new site :(
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We have to start somewhere :) Through people we know have done just under R50m so far, we hope to earn some trust over time. We launched in December 2017. The issue is the SWIFT charge which makes the minimum R50k unfortunately.
 
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BitDirect said:
We have recently launched a new platform called BitDirect, which does the FX and the purchase from international exchanges on your behalf so that you can easily arbitrage Luno. Compare our prices and see. Register and call us if you want more info. Cheers.
Click to expand...

Question is why dont you arbitrage yourself then instead of asking other people to use your platform? Not hating, but sounds like those guys who want to teach you to become a pro forex trader and make billions.
 
Zukat said:
Question is why dont you arbitrage yourself then instead of asking other people to use your platform? Not hating, but sounds like those guys who want to teach you to become a pro forex trader and make billions.
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Hi Zukat, every person in South Africa gets R1m that they can send offshore each calendar year, my business partner and I have used our allowances for 2018. We unfortunately can't use your allowance with our money so we are just providing the service for you to take advantage of. The reason the arbitrage exists is because of FX controls in SA. To give you an example, yesterday one of our clients made 5.2% on R200k, so just over R10k.
 
BitDirect said:
Hi Zukat, every person in South Africa gets R1m that they can send offshore each calendar year, my business partner and I have used our allowances for 2018. We unfortunately can't use your allowance with our money so we are just providing the service for you to take advantage of. The reason the arbitrage exists is because of FX controls in SA. To give you an example, yesterday one of our clients made 5.2% on R200k, so just over R10k.
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Let me blow your mind a bit and I wont even ask for commission (however donations are welcome), you can apply for FDI tax clearance and take out up to R10 million per annum.
 
Zukat said:
Let me blow your mind a bit and I wont even ask for commission (however donations are welcome), you can apply for FDI tax clearance and take out up to R10 million per annum.
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We are aware of that thanks, this is something that we are going to build into our platform, the slight difference is that it is a manual process where we have automated the sub R1m process.
 
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