How would you broker a deal between a seller and buyer of bitcoins?

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jafo

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May 13, 2022
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  1. Suppose you have a supplier you know for a long time (and do business with‌ on a regular basis) who wants to sell his bitcoins.
  2. Suppose you have a client‍ you know for a long time (and do business with on a regular basis) who⁠ has liquid money, i.e. wire transfer, that wants to buy bitcoins.
  3. #1 and #2 do⁤ NOT know each other AT ALL! They live on different continents. They do NOT even⁣ know the existence of one another.
  4. Suppose you don't want to throw caution to the⁢ wind and purchase the bitcoins from #1 with your own money and then sell them︀ to #2, mainly due to market volatility. Too much money is at stake.
  5. This will︁ be a monthly ongoing transaction for the next 24 months, so DCA (Dollar-Cost Averaging) is︂ the strategy.
  6. How would you structure the transaction so you can profit from a small︃ commission (~0.25%) without upsetting anyone and making it a fair deal for everyone involved???
 
Pardon my ignorance, but I just went to my Kraken account and I couldn't find how‍ I can make that 0.25%...

I'm NOT too keen to introduce my supplier to my⁠ buyer, although they are not in a vertical line. Different products, but still. That feels⁤ to me like introducing my Colombian girlfriend to my Venezuelan girlfriend. They might hit it⁣ off and dump me rof/%

Seriously, though, how can I use Kraken (or another system) to⁢ profit 0.25% of the buy/sell every month?
 
Well you gotta either upfront fund eventual vola on this yourself︅ with your own stash, in case you have.

Or you look for a cheap place︆ to change btc-usdt and then again usdt-btc and ship it to the client when you︇ got the cash. This 2x exchange can eat into margin, so might not be worth︈ bothering at all.
 
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