RE: BTC hits $1,000 in India. How is this possible?

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BTC hits $1,000 in India. How is this possible?

in asksteem •  8 years ago  (edited)

Arbitrage only exists because there don't exist means to exploit them. In addition to the citizenship restrictions, the spread in BTCINR exchanges is as high as ~ $100 / BTC (!!). Considering the current volatility in USDINR (and additional spread), this is not exactly a nice investment IMO.

asksteem
8 years ago by

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