Sending XRP to my Korean exchange?

[Baka]

If i have family in korea, and they have a bitshump account , can i send them my XRP so they sell it for USDT , then send it back to me.

Then i buy more XRP with the amount of XRP , then do it again.

is it something i could do? and XRP transfers will take 3 seconds right?

[RippleSider]

7 minutes ago, Baka said:

If i have family in korea, and they have a bitshump account , can i send them my XRP so they sell it for USDT , then send it back to me.

Then i buy more XRP with the amount of XRP , then do it again.

is it something i could do? and XRP transfers will take 3 seconds right?

why do you ask? Just try

[manateehunter]

Sounds like a great plan. Is usdt available there and is it easily transferable?

[Baka]

Just now, manateehunter said:

Sounds like a great plan. Is usdt available there and is it easily transferable?

i don't know that , i'll check

[snub-fighter]

Bithumb does not have usdt

[trubbleinmind]

they could send you KRW->USD...if only there were some technology out there to make the transfer quick and painless...

[Baka]

i see, not that easy then

[Strovu]

It is called arbitrage and if it was easy a lot of organized people would be doing it. Everytime there is a discrepancy inprices between exchangs there is a very good reason. Sometimes they just block the wallets because they are overwhelmed by too many clients and you can loose a lot of money.