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Case Study of Arbitrage for P2P Traders: Local Exchange + Major Exchange

 Case Study of Arbitrage for P2P Traders: Local Exchange + Major Exchange
#Cases
08.08.2023 13:37

Case Study of Arbitrage for P2P Traders: Local Exchange + Major Exchange

Considering that ArbitrageScanner is an international project, we have clients from nearly all countries worldwide. We have a private chat where they can exchange experiences and share their own case studies.

Today, an English-language thread was created and users from different countries like the UK, Italy, Iran, and others were added. We can see that our scanner is being actively discussed even on Persian resources.

The essence of the case: Sam from FTX made his initial capital by buying Bitcoin on Binance, transferring it to Korean exchanges, and selling there with a 2-3% difference. In a short time, he earned over $50 million through this strategy. Everyone would do the same, but the problem is that strict KYC regulations apply to Korean exchanges, and only Korean residents can trade there. The same applies to other local exchanges in different countries.

 Case Study of Arbitrage for P2P Traders: Local Exchange + Major Exchange

Our Scanner currently supports more than 75 exchanges, including local ones worldwide. Specifically for you, we've created a chat with residents from various countries who have direct access to local exchanges (Brazil, Vietnam, Turkey, Iran, Nigeria, etc.) — access you wouldn't be able to obtain independently. We've established this connection so that you can collaborate with people from all over the world and execute joint trading strategies. It's a fantastic opportunity now available to you thanks to our bot.

Additionally, we can connect any local exchange you request. Just contact our support, and we'll address this matter. Be cautious and avoid exchanges that aren't on our list, as many of them are one-day exchanges from which you won't be able to withdraw funds.

We understand that the P2P spread has decreased, but we also notice that the spread with local exchanges is always higher, especially when the market is growing or falling. We are developers, not arbitrage traders, which is why we openly share this information and invite you to become our clients. We'll provide you with all the necessary tools.

 Case Study of Arbitrage for P2P Traders: Local Exchange + Major Exchange
We are among the first to create an ecosystem where you are already participants, so take the plunge. We serve as a valuable bridge between your country and the entire crypto world.

In our previous arbitrage case: In our previous arbitrage case, we talked about: CRV Cryptocurrency Arbitrage Case: Curve Finance DEX Hack