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Crypto arbitrage between indian and international exchanges

KaranM

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May 5, 2021
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Crypto sells at a 4 to 5 percent premium in india..ive been trying to find a way to buy crypto on international exchnages and sell it on local exchnages or p2p..

I know its not easy otherwise premium wouldnt exist but im sure some people are doing this..

Can you suggest me the Best possible option ?
 
Why is it selling for so much? Restrictions? What is stopping you from doing it yourself?
There may be several reasons for this premium...

Resident individuals can only transfer 250000 usd per financial year abroad ...these money can only be used for specific purposes....and after 10000 usd a 5 percent gst is levied.....


I am not familier with the company laws here..
 
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