01-31-2023, 02:15 AM
How can I arbitrage the Bitcoin premium in Nigeria?
<!-- SC_OFF --><div class="md"><p>BTC in US is currently trading at $23k but in Nigeria it is trading at a premium at around $38k. Does anyone have any idea or the mechanism on how to sell bitcoins to Nigeria for dollars or USDC?</p> <p>Before anyone says this is exploitive, the more Bitcoin goes into the Nigerian market, the lower the price will be.</p> <p>Cheers!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/kenton143"> /u/kenton143 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/10p9b2l/how_can_i_arbitrage_the_bitcoin_premium_in_nigeria/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/10p9b2l/how_can_i_arbitrage_the_bitcoin_premium_in_nigeria/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>BTC in US is currently trading at $23k but in Nigeria it is trading at a premium at around $38k. Does anyone have any idea or the mechanism on how to sell bitcoins to Nigeria for dollars or USDC?</p> <p>Before anyone says this is exploitive, the more Bitcoin goes into the Nigerian market, the lower the price will be.</p> <p>Cheers!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/kenton143"> /u/kenton143 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/10p9b2l/how_can_i_arbitrage_the_bitcoin_premium_in_nigeria/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/10p9b2l/how_can_i_arbitrage_the_bitcoin_premium_in_nigeria/">[comments]</a></span>