Is it good to buy bitcoin from foreign exchange and sell in Indian exchange

Bitcoin Questions and AnswersCategory: General questionsIs it good to buy bitcoin from foreign exchange and sell in Indian exchange

atish asked 1 year ago

Please provide information for indian people related to buy sell btc

Rhenaldy replied 1 year ago

Good

1 Answers
Ofir Beigel answered 1 year ago

Hello Atish,
since the exchange rate in India is relatively higher than most exchanges you may find some Bitcoin arbitrage opportunity there, however it’s not as easily as it seems. I suggest reading the post I linked to to find out exactly how you need to calculate this and deciding for yourself if it’s worth the risk.
 

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