I did a simple comparison today, comparing the bitcoin prices (buy/sell) at leading exchanges in Japan and Taiwan. This is not comprehensive at all, and the conclusion might even be wrong after a while, but I’d like to share this little piece of information to those interested.
Two exchanges I quote are:
Bitflyer (https://bitflyer.jp/) from Japan (so obviously they accept Yen for bitcoins)
https://steemitimages.com/DQmZquB8e5CYVQHQ2Rrj99x6t223ARNaidPvxxMsa1zE8cS/image.png
Bitoex (https://www.bitoex.com/) from Taiwan (TWD for bitcoins)
https://steemitimages.com/DQmPhSamb3FhGoWSZjPv7TdNGUCmy3YuVhgQ1bQ8Y7VAUrT/image.png
The result is (using google to calculate the exchange rate for me, use TWD as base):
- Japan: Sell @ 38,131 twd ; Buy @ 37,515 twd
- Taiwan: Sell @ 37,989 twd ; Buy @ 36,060 twd
That means if you have no currency preferences, then you should buy bitcoin in Taiwan (but the advantage is very small), and if you seek to sell it, then sell it in Japan (big difference!).
Of course, these rates won’t beat poloniex in USD. But US account might be difficult for us to open. And many Taiwanese have large Yen demand (for tourism mostly).
中文版
本篇只是簡單計算一下台灣跟日本的比特幣買賣價格，隨意選取兩地比較大的交易所。發現目前，在台灣買略有點優勢，但不明顯。不過，要賣比特幣，顯然到日本去賣，價格好多了！尤其許多台灣人有日幣需求，轉換為日幣也是不錯的。只是我對於在Bitflyer開戶條件不清楚了，或許這會是一般人的障礙吧？需要再研究看看。
Lastly, you might be interested to know this news about this Japan exchange
https://www.cryptocoinsnews.com/japanese-megabanks-invest-bitcoin-exchange/
This page is synchronized from the post: ‘A Simple Comparison - Buy Bitcoins in Taiwan and Sell them in Japan 買賣比特幣－台灣買，日本賣’