From automated arbitrage trading to verified P2P USDT purchasing — meet the Bengaluru company building serious crypto infrastructure for Indian traders.
The MI Groups Pvt Ltd is a Bengaluru-based crypto trading services company offering automated arbitrage trading and verified P2P USDT services to retail traders across India. Founded in 2023, we focus on solving real problems for serious crypto traders — not promising overnight wealth, not running schemes, just building reliable infrastructure.
The MI Groups was founded in 2023 in Bengaluru, India, with a specific mission: bring institutional-quality crypto trading infrastructure to Indian retail traders. We started because we observed two persistent problems in the Indian crypto market.
First, sophisticated trading strategies like funding rate arbitrage were almost exclusively the domain of large quant funds and institutional desks. Retail traders either lacked the technical knowledge, the infrastructure, or the capital to participate. Even those who tried to run their own bots faced steep learning curves and frequent operational failures.
Second, the P2P USDT marketplace in India was — and remains — a minefield. Scammers ran rampant. Sellers lost funds to chargeback fraud. Buyers wasted hours verifying random counterparties. The entire ecosystem made simple, basic transactions feel risky.
We decided to build both — properly.
Our flagship service is the Sniper Bot, a fully automated funding rate arbitrage trading system. It monitors funding rates across Binance Futures, Bybit, KuCoin Futures, and Delta Exchange India in real time. When the spread between two exchanges exceeds a configurable threshold, the bot opens balanced long/short positions just before funding settlement, collects the funding payment, and closes both legs.
Critically, the bot operates on self-custody principles. Members connect their own exchange API keys with trading-only permissions. We never have withdrawal access to member funds. This eliminates the entire category of operator-risk that has plagued centralized crypto services worldwide.
Risk parameters are configurable per member — leg size, leverage, minimum funding rate threshold. The system runs 24/7 and includes pre-trade margin checks, post-fill slippage guards, smart close logic with retry windows, and six independent watchdog risk protections.
Our second service is a KYC-verified P2P USDT purchasing platform, exclusive to subscribed members. Multiple payment methods are accepted: PhonePe Gift Cards, UPI transfer, and Bank Transfer (IMPS/NEFT/RTGS). Every member completes one-time KYC verification with live camera capture (no gallery uploads allowed). Every individual purchase requires another live selfie. Every order is manually verified before USDT release.
The result: members get USDT delivered within 1 hour during business hours, with effectively zero scam risk. We absorb the operational burden of verifying every transaction so members don't have to.
Beyond the bot and the P2P service, we maintain deep integrations with all four supported exchanges for futures trading. This includes:
We take an opinionated, no-shortcuts approach to building our infrastructure. Specifically:
Our platform implements multiple layers of security:
We are DPDP-compliant in how we handle user data, including the right to delete KYC records upon customer offboarding. All sensitive data is stored outside the web-accessible directory and access-controlled at the file system level.
Cryptocurrency is recognized as a Virtual Digital Asset (VDA) under the Income Tax Act of India. Gains from VDA trading are taxed at 30%, with an additional 1% TDS on transfers above the threshold. Members are individually responsible for tax filing and compliance. We recommend consulting a qualified Chartered Accountant.
We're focused on operational excellence rather than rapid expansion. Our priorities in the coming quarters include:
The fastest way to reach us is via WhatsApp — there's a support button on every page of our website. For business inquiries, partnerships, or media requests, please use the same channel.
The MI Groups Pvt Ltd
Bengaluru, Karnataka, India
Established 2023