How to Making Money from Arbitrage Trading - What is Crypto Arbitrage in Nigeria
📌What's Cryptocurrency Arbitrage: Is a type of trading strategy where investors make most of the slight price discrepancies of a digital asset across multiple markets or exchanges. In simple terms, crypto arbitrage trading is the process of buying a digital asset on one exchange and selling it simultaneously on another where the price is higher.
Doing so helps in making profits through a process that involved limited risks. The other advantage of this strategy is that one need not be a professional investor with an expensive set-up to begin arbitrage trading.
📌Let’s assume a scenario where there is a sharp price drop in the price of bitcoin and (Exchange(1) was quick to respond to it but (Exchange(2) was not.
Let’s assume that for a period of 20 mins, the price of bitcoin on (Exchange(1) was N3,500,000/BTC and N4,000,000/BTC on (Exchange(2). If I have N100,000, i will buy 0.02857BTC on (Exchange(1) with my 100k, send it to (Exchange(2) and sell it for N114,285.
This is approximately N14,000 instant profit.
Note:
Your actual profit depends on the transaction charges of these platforms.
The time taken for the transaction to be confirmed should also be put in perspective.
📌 Create Crypto Wallet; if you don't have & complete your KYC Verification: Binance: https://www.binance.com/ng/register?ref=56056907
Roqqu: https://bit.ly/34xplKv
Note: Do make sure u do KYC Verification on all required Arbitrage Trading Platforms Very Important!
BTC Aribitrage Trading Platform:
https://now2trade.com/A6HUN73AJNE.ref
Video Guide: https://youtu.be/FuHAlfiY8xI
BTC / XLM Arbitrage Trading Platform:
coinbase.com/join/ighoda_o?src=android-link
Video Guide: https://youtu.be/xM8qSLwUgtU
USDT Dollar Aribitrage Trading Platform:
https://plumter.com/referral/jollynas
Video Guide: https://youtu.be/EXTOn6yLfTI
Insight Video Arbitrage
USDT Dollars/Crypto Arbitrage Trading Platform
https://youtu.be/mCbKf3rJ190
Best Dollar Arbitrage Websites In Nigeria For Instant Profits, Ways You Can Start Making Money Online
Discover the best platforms you can use for dollar arbitrage in Nigeria and make cool instant profits!
Buy dollars at the Nigeria CBN Bank rate and sell at a higher price to make an instant profit within a few minutes:
Paybis Arbitrage, Advcash Arbitrage, Neteller Arbitrage, Skrill Arbitrage, Eversend Arbitrage, CEX.io Arbitrage and Pyypl Arbitrage.
Arbitrage Trading Platform:
Eversend - it’s saved me a lot in money transfer fees! https://eversend.page.link/9rQv
https://plumter.com/referral/jollynas
https://paybis.com/
https://www.skrill.com/en/
https://www.neteller.com/en
https://wallet.advcash.com:443/referral/e5b31f6a-64ee-483b-a104-aa760fff1405
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