Recent content by simplesimon

Good question, I am doing automated trading and require the low spreads, low fees and large number of tickers found specifically on Binance.

Is this true if you don't need banking? Just login for: crypto in, trading, crypto out

Could you give an update on how this is going? I'm in a similar position (resident on country that doesn't allow futures trading but have a foreign address and utility bill).

Thanks @jackfrost, that is a solid objection and a real concern. However, assuming the KYC stuff isn't a problem, how would I accomplish this? I see two issues: 1. Having a bank account that will accept incoming transfers from multiple currencies. 2. Having a bank account that will allow...

@CaptK Great, thanks for the tip! How about banking? Is an Estonian bank going to be OK with inbound transfers from Nigeria (or wherever) and outbound to crypto exchange?

To add to my above message: I'm in the US and have no intention of avoiding taxes, I just wish to trade bitcoin and receive incoming transfers wherever it makes the most sense for me to do so.

Just jumping into this... I'm looking to do something similar to OP: Purchase BTC and arbitrage on various exchanges (and various currencies). If I understand correctly, the consensus seems to be that an Estonian company + bank account is the preferred setup due to a favorable regulatory...