RE: There's Something Going On With The Price Of STEEM In Korea: It Trades At A 20% Premium On Bithumb by markkujantunen

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Viewing a response to: @dragosroua/there-s-something-going-on-with-the-price-of-steem-in-korea-it-trades-at-a-20-premium-on-bithumb

· @markkujantunen ·
$0.02
Is it possible to register an account on Bithumb if you are not a resident of South Korea? I don't know but I suspect it isn't because otherwise this arbitrage opportunity would've disappeared fast.ยจ
$rewarding 35% 11 min
๐Ÿ‘  ,
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@dragosroua ·
Probably difficult to create an account on Bithumb, didn't try to be honest.
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@markkujantunen · (edited)
$0.04
Easy. But you need to swap your STEEM for BTC on Bithumb and transfer that out. BTC may be more expensive there as well. You can forget about KRW as you'd need a Korean bank account and getting the money out of the country would be expensive and slow anyway. And if your volume were high, you might have to fill some kind of stupid forms.
๐Ÿ‘  ,
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@dragosroua ·
Makes sense.
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