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The Best Apps For Arbitrage Trading Revealed

The Best Apps For Arbitrage Trading Revealed

I made my first ever one hundred thousand dollars trading Arbitrage that's basically buying cryptocurrencies from one side of the country of the world selling them to another for a higher price and to this day I still believe that most people could easily make money make a living by simplyTrading Arbitrage it is the easiest way to trade cryptocurrency without major risk and it's not complicated at all in fact my channel grew at the beginning because of my Arbitrage videos because that was basically what I was doing mainly but I started off as a local Arbitrage Trader and became a worldwideInternational Arbitrage Trader and obviously to get there there's certain twos and strategies that I have to learn that I want to share with you guys as a way of giving back because you need some kind of an edge to get a competitive advantage against other Traders in yourLocal area or at least just to maximize the amount of profit that you might be able to get in this video guys I will be sharing you some of the most important tools that I've been using and also strategies throughout my arbit Christ's career to this day so make sure youWatch this video till the end because there's a lot of Juicy information and also thank you to everybody who is subscribing to the channel and who like every single video that I post it means a lot because it plays around with a YouTube algorithm gives me a competitiveAdvantage so let's get started for the sake of context to newbies out there who don't know what arbitrite really is it's basically imagine buying cryptocurrency from one market or one country where it's a little bit cheaper and you could be selling it in your own country or inAnother country where it's slightly more expensive and you can make a lot of money doing that when you're trading arbitrite you're basically solving for two problems on-ramp and offramp on-ramp means how do you onboard some cryptocurrency how do you buy and where do you buy your Bitcoin and off ramp howDo you dispose the Bitcoin in exchange for local currency or cash the difference between these two activities the on-ramp and off-ramp is where your profit margin essentially is so while you're dealing with the on-ramp off-ramp situation there is one major problem that you're always going to face youCould find Bitcoin that's being sold at a cheaper price elsewhere always expensive but you do need a bank account for you to be able to trade in that region of the world and I mean you're in one country or the world you cannot have all bank accounts of all countries rightWell you can and for me throughout my journey I discovered wise Bank wise is basically a digital bank that mostly covers Europe and America and also African countries and it allows you within one app to have multiple bank accounts from all over the world SoWithin one wise app I have a GBP account a US dollar account a Euro account a South African rand account Nigeria naira Brazilian real and on and on and on within one app which means I'm able to receive funds from every region in the world using a local account of thatCountry if I'm trading with someone in the US I want to buy Bitcoin from someone in the US and I just have to give them a U.S Bank account will already have it in my wise Bank in Europe is exactly the same and even if I want to convert currencies from let'sSay British pound into the South African rand I can easily do it within the wise app with favorable fees as well I regret that I discovered wise a little bit late because it changed the game and I'll show you some examples in this video where it makes sense and I do recommendFor every Trader out there to get yourself a wise app basically it's a online bank so you download an app and you sign up get verified and you're ready to go in some countries it doesn't work but it actually works in a lot of countries if you want to sign up on wiseBank use my link in the description below I have my referral link on there it'll go a long way but that's something that I use something similar to wisebank that is also is doing the same thing is revolut except the revolut does not operate in so many countries so like forMe wisebank is what helped me to basically rip through Europe with my trades and trading a lot of European countries even Israel and I made a lot of money doing that wisebank is the number one tool that I use this video is sponsored by Ledger Ledger is the numberOne Hardware wallet provider in the entire world the best way to store your crypto is Hardware wallet Legend Nano s Legend Nano X and now they just launched the most beautiful Hardware wallet in the world The Ledger Stacks designed by one of the core designers of the iPodYou can store more than 100 cryptocurrencies on it different types it works with your phone with your computer with everything it's so elegant it drops in March so you can pre-order it right now if you care about your cryptocurrency go to Ledger Nano's website using the link in theDescription to get discount and get yourself a ledger Nano wallet number two is paxful paxful is a peer-to-peer Marketplace for cryptocurrency on there you can peer-to-peer trade Bitcoin ethereum usdt usdc and it allows you to connect directly with people individually and do trade with them and packs for acts as an escrow accountLinked to paxful is also down in the description below if you want to get into it but like so to me is the best app for Arbitrage there is nothing that like hacks if you look at my previous videos I've been saying the same even today password is still number one why ILove tax for so much is that on packs for you can find someone who's selling Bitcoin for less than five percent whatever the reason is I don't care there might be in a world where in a country where they don't have an exchange to offer them it could be aMyriad of reasons I don't care but there I'm able to find cheaper Bitcoin prices less than one percent two percent three percent whatever but also you find people who are buying cryptocurrency in some part of the world at a higher rate it's just higher in that region of theWorld let's say usdt they're paying more than three percent or five percent or ten percent if I have the means to transact with them let's say I have the wise bank and they're also in the region where they use wise or bank account transfers I'm able to make that tradeNow to explain this even further let me show you on my screen why Pax 2 is the G of Arbitrage so this is paxful we're looking at on here let's assume that we want to sell some BTC and already you can already see here that people are buying Bitcoin thisOne is buying BTC at above five percent the spot price and in Israel in an Israeli bank account and here they have PayPal and this guy says all banks he is a wire transfer Swift this is a wise transfer it says above 80 I don't understand why this is but obviouslyThis is a small volume trade so it doesn't really matter but let's say we select wide specifically transferwise here we go and let's say I want to trade worldwide and I'm trying to sell some BTC to whoever has a wise bank account so this is an entire trading list forWhere I could sell my Bitcoin there is a Trader called audio and this person is buying Bitcoin at above five percent the spot price and she is or he is using wise to receive payment or to send payment and here she has had 2610 trades so she's more likely to beLegit she's online and her account is verified but she's only allowing a minimum sale of 5000 in maximum sale of fifty thousand dollars so if you have liquidity this for example is a good trade and if you have a wise account you'll be able to buy Bitcoin let's sayFrom buy bid from binance from luno from coinbase and you could sell it to this person but obviously you need to start small with these kind of things because sometimes there could also be scams all right you need to do your due diligence and there are many others here this oneIs buying BTC for less than 1.5 percent the spot price this one 2.4 percent and on and on and on so if you have a wise account you can basically do all these trades internationally you can do it even all on practical buying on Paxil and selling on paxful for example if weGo on the buy side let's see if we can find any cheaper options I also go worldwide and payment method I'll select wise again So these trades will allow you to buy BTC using your wise app so let's say you're selling at two three four percent to someone else impactful you can also open other trades on the flip side and start buying at this one it's basically zero percent spot price exactly same asBuying from any other exchange but using wise and also there are different kind of Trades some of them that are a little bit more expensive but then if you are trading Arbitrage you want to be on the side where you're actually selling your BTC higher like 4.8 percent five percentAnd on and on and all these people are making trades anyway so it shows you that there are people buying the Bitcoin and other cryptocurrencies at a slightly higher price and a lot of people ask like why do other people overpay for cryptocurrency on tax for like I don'tKnow people are in different parts of the world they have different reasons some of them want to buy immediately and they cannot wait for the verification process on the exchanges or the in a country that has been sanctioned from cryptocurrency exchanges it can be a lotOf reasons the whole point is that this Market definitely exists and and it just requires work for you to exploit it two number three furu combo so this is more of a defy decentralized exchange or decentralized Finance strategy if you find discrepancies in the market and youWant to exploit it you can actually do it without any money with zero money you can basically make a five or ten million dollar trade on fruit combo if the trade is true you will make money we call this flash loans basically you write a strategy programmatically and if theStrategy is correct and it made profits you basically get the profit and the exchange that you use to take a little bit of a profit also a commission and you keep it going without any Capital but this is something that you can do on furu combo I'll put the link in theDescription if you know anything about D5 at all it's not easy I'll keep it real with you because it used to be easy at the beginning or on smaller art coins and right now people have automated the whole defy trading strategy or Arbitrage it's so difficult right now however it'sVery important to know that liquidity positions still work so that is another form of Arbitrage that I do is basically is checking liquidity position in decentralized exchanges I remember in 2021 for example on uniswap there was like a 30 apy in one month for providing liquidity that is against a volatileCoin because you know the volatility was real so that is something that I use but I know most people aren't really clued up on the D5 side but you can learn it all at crypto University if you want to learn Arbitrage or P2P trading or TC orLike price action trading all sorts of trading that I do it's available on crypto University in our courses grab the crypto masterclass GitHub nfts D5 crypto trading crypto investing all in one big package of a course I recommend you go get it link is down in the description below thank you guys forWatching I hope you learned something from this I appreciate all the likes and the subscribes to everyone watching out there if you have any questions do not hesitate to leave a comment below I will answer all your questions otherwise I'll see you on social media TwitterInstagram it's great BTC I'll see you on the next videos I'm dropping special videos for people who are members on this channel know so if you're not a member make sure you become a member right now next to the Subscribe button there is a membership button become aMember to support the channel and get some of the most exclusive content that I'm dropping to my members I'll see you on the next videos guys peace

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