Crypto expert, arbitrage trader and investor
Crypto expert and hands-on crypto arbitrage trader, investor and software developer with over 20 years of experience. On the P2P.Army blog he covers exchange news, P2P and cross-exchange arbitrage.
68 articles
Antonio Merkle is a crypto expert and hands-on crypto arbitrage trader, an investor and a software developer with over 20 years of experience.
On the P2P.Army blog he covers crypto exchange and P2P platform news and writes reviews, ratings and arbitrage courses — based on official sources and P2P.Army data.
How we prepare our articles:
Questions about an article: Telegram @p2p_army_support or support@p2p.army
A perpetual future has no expiry date, so its price is tied to spot by the funding rate — a regular payment between longs and shorts. We look at who pays whom, how a payment is calculated and where the rate itself comes from.
An advanced scheme for those with trusted partners or their own bank accounts in other countries: USDT is bought for fiat in one country, sold in another, and the money comes back by bank transfer to repeat the circle. We look at where the gap comes from, what eats it and why it is not for everyone.
Everything specific to P2P arbitrage with the Argentine peso: which exchanges and wallets are used, how the crypto dollar (dólar cripto) compares with the official, MEP and CCL rates since the cepo (currency controls) was lifted, what the CNV requires of virtual asset service providers from October 2026, what platforms report to ARCA (the tax agency) and how gains are taxed.
Everything about P2P arbitrage with the hryvnia: which exchanges and banks work now, where the card-to-card transfer limits came from, how banks react to P2P trades, how much tax you pay on crypto income today and what will change once the virtual assets law is passed.
Everything specific to P2P arbitrage with the Colombian peso: which exchanges and payment methods work right now, how much you can move through Nequi and Bre-B keys, how crypto is declared to the DIAN (Colombia’s tax authority), what changes with provider reporting from 2026 and why banks block accounts.
Everything specific to P2P arbitrage with the bolívar: which exchanges and banks work right now, how the gap between the official rate and USDT moved in 2025–2026, how much you can send via Pago Móvil, which taxes apply and what legal and fraud risks P2P traders face.
Everything specific to P2P arbitrage with the ruble: where RUB still trades after the exchange exits of October 2026, what the digital currency law changes and until when transactions between individuals are allowed, how crypto income is taxed and why banks block P2P traders’ cards.
Everything specific to P2P crypto with the Vietnamese dong: which exchanges and payment methods are in use, the pilot crypto-asset market and why trading outside licensed providers can be fined, the 0.1% tax in force since 2026, bank transfer rules and recent USDT money-laundering cases.
Everything specific to P2P crypto with the rupiah: which exchanges and payment methods are used right now, who is licensed by OJK and who is on the Satgas PASTI illegal list, how much tax applies to buying and selling crypto since PMK 50/2025, and why P2P sellers’ bank accounts can be blocked.
What matters for P2P trading in Saudi riyals: how the authorities view virtual currencies, whether crypto profits are subject to tax or zakat, the limits on instant bank transfers and STC Bank, and how traders end up in money laundering and account-renting cases.
What to know before any P2P trade in Egyptian pounds: what the Central Bank law prohibits and the penalties it sets, how the Ministry of Interior pursues crypto traders, the limits of InstaPay and Vodafone Cash, and what the market data shows.
Everything specific to P2P crypto with the Philippine peso: individuals may trade, but platforms must be registered, and most offshore exchanges that host PHP P2P have been blocked. This guide covers the SEC and BSP rules, which providers are licensed, how GCash and InstaPay behave in disputes, how gains are taxed and what our live data shows.
