Nairaland / General / Re: Arbitrage Trading by Kenneg(m): 8:24pm On Sep 23, 2023 |
BiggestTalker: Many Persons Are still confused by the Many Ways You Can Earn Money Online You are either trading coins on Exchanges for long/short term profits , buying and selling on P2P, affiliate marketing, Amazon kdp, teaching newbies or just Investing.
but one thing stands out with Nigerians and that is crypto arbitrage trading which have made a lot of Nigerians, good money for the past 2 years and I'm going to be telling you How to do it yourself
What Is Arbitrage Trading
Many person's don't really understand how to engage in this and you must know that as a Nigerian we only go into anything as long as it can bring in more money.
Arbitrage trading is taking advantage of the price difference of a country's currency against another country's currency or a cryptocurrency from one exchange to another exchange
For example the price of dogecoin can be $1 on BİNANCE Exchange why it can be $1.20 cents on Bybit which is another exchange, so the arbitrage there is buying dogecoin on binance for $1 then send it to Bybit exchange and sell it for $1.20 and the profit there is 20 cent so you can buy $1000 worth of dogecoin on Binance and transfer to Bybit and sell for $1200, making a profit of $200 just doing this and can be repeated as many times as you are allowed to by the exchange.
Now there are different types of arbitrage trading and I'll mention them here.
1 Crypto Arbitrage which is what I gave an example above
2 Cross Country Arbitrage This has to do with taking a particular currency and trading it against another country's currency that it has value over let's say for example. You can use your Nigerian naira to exchange to Ghana cedis and using the Ghana cedis to buy a cryptocurrency at Ghana price price then you sell the cryptocurrency to the Nigerian market at the current Nigerian dollar rate taking major Profits.
You can do this vice-versa you can do this with any other currency besides naira.
3 Cardless Arbitrage this type of arbitrage trading has to do with making use of your Bank ATM cards on popular websites that support buying crypto at the banks own US dollar rate.
Example Bank A dollar rate is 500 Naira per dollar you use your card on websites like Paybis and buy 100 USDT for 50,000 then transferring it to Binance and Selling for the P2P market rate at 650 naira per Dollar making it 65,000 Your profit of 15,000 naira per ATM card
now from the above examples I have made on the various types of arbitrage trading anyone can just start and start making money it is very simple when you know what you are doing but right now not everybody is making profit because they don't know how to start.
Join My free Whatsapp Class on how to do ARBITRAGE for guaranteed 100k every month you only need your phone and internet
To get this method to make money daily online free info check signature below
Thank you for your time. how do I join Ur WhatsApp group sir 1 Like |
Investment / Re: Finally Revealed: The Best And Easiest Online Passive Income Business In Nigeria by Kenneg(m): 7:56pm On Jun 13, 2023 |
Gratitudes081: Must I be a writer before I can make money from Amazon KDP![](/faces/huh.png)
This is virtually the most prominent question I received from people who came across this Golden opportunity of earning guaranteed passive income online.
Well the good news is that you don't have to be a writer or have anything to do with writing before you can benefit from this business. Although you stand advantage if you are able to write on your own, as this will reduce some of the money you spend in outsourcing it.
There are different platforms where able and prolific writers are begging to help them write your books for you. You only have to pay them little money for their work, sometimes as low as $5 per book.
Once the book is ready, you only have to upload it on Amazon and boom you sit back and be expecting your royalties every month. The more books you have, the more you increase the amount of money you stand to earn from Amazon every month.
This line of business is really simple and straightforward that even a 15 years old kid can successfully do it and start making money from it.
So how do you really start this online business![](/faces/huh.png) Keep following.... how can I get Ur WhatsApp number please the site u pasted is not working |
Business / Re: Am Based In Germany, If You Need Anything Let Me Know by Kenneg(m): 8:40pm On Nov 28, 2020 |
Bro I finished last year and am planning on coming to do my masters in germany after am through with my nysc, bro pls I need a few guide lines from you, this is my email. Kenneg7@gmail.com 1 Like 1 Share |
Business / Re: How To Make N6,500 Everyday With This App [Proof Inside] by Kenneg(m): 1:20am On Oct 28, 2020 |
Kenneg7@outlook.com pls send me the guide |
Phones / Re: Infinix Unveils Hot 10 Device In Nigeria by Kenneg(m): 1:14pm On Sep 25, 2020 |
Very nice 1 Like |
Investment / Re: Can I Withdraw Money From Skrill To My Nigeria Naira Account? by Kenneg(m): 6:14am On Feb 12, 2019 |
janga:
you guyz tried it and its work with Normal naira bank account or with dollar account.
i requested for a dollar account opening because of this and i cant withdraw skrill balance direct to my gtb bank Naira master card Yea I did the same thing and now I can't withdraw my money back |
Adverts / Re: *DoyenExchange.com: BUYING PAYONEER, SKRILL, ₦ETELLER etc! -₦L Customer Support by Kenneg(m): 6:10am On Feb 12, 2019 |
DoyenExchange: Thanks. MGT. trying to withraw my money from my Skrill account but it is not working |