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With that said, the study concluded that cryptocurrency arbitrage is not likely possible, ego At least arbitrage on the Kimchi premium: ‘ The results are consistent with our assumption of capital controls driving the Kimchi premium. If one of the other crypto currencies had no premium or a lower premium than Bitcoin arbitrageurs could use that currency to move funds out of Korea and complete the arbitrage. Since cryptocurrencies are not subject to capital controls no arbitrage opportunities between cryptocurrencies should be possible’ ‘ and further saying: ‘ The analysis shows that the Kimchi premium is therefore not something unique to Bitcoin but rather a result of Korea’s capital controls that prevent arbitrageurs from aligning Korean prices with those of the world market ‘ Despite this, there are plenty of traders in all kinds of markets who claim to make a profit out of arbitrage strategies. So if we continue with the hope that there still might be an opportunity in the market for us to make money, let’s look at what steps might be necessary.
But with Bitcoin gambling sites, the house edge can be lower because of decreased costs ‘ and with some crypto casinos, there’s no house edge at all, ego

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