How to survive and make money during the Bear market using Arbitrage.
A ๐งต
A ๐งต
Arbitrage is a term used to describe the difference in price of a token, or an asset in different marketplace at a particular time
Arbitrage is simply described as the ability to buy cheap from a particular market and sell high at another market place within same time frame.
Arbitrage is simply described as the ability to buy cheap from a particular market and sell high at another market place within same time frame.
Arbitrage can be found on some places, but the ability to spot an arbitrage opportunities and milk it will make you rich without any risk.
Back in early 2020, we made so much using the luna to binance arbitrage, buying $$ at bank rate and selling at black market rate,
Back in early 2020, we made so much using the luna to binance arbitrage, buying $$ at bank rate and selling at black market rate,
Arbitrage present an opportunity for you to capitalize on slight differences in price to make tons of money just be repeatedly buy and selling in two different places.
How to utilize this opportunity:
Currently, its difficult to spot arbitrage opportunity, but there is an app i use to get the difference in price of tokens in different exchanges.
So what i do is get multiple exchanges with verified account, and wait for the opportunity.
Currently, its difficult to spot arbitrage opportunity, but there is an app i use to get the difference in price of tokens in different exchanges.
So what i do is get multiple exchanges with verified account, and wait for the opportunity.
As you can see in the picture below, is an arbitrage opportunity that I spotted using the app, you see all the information you need to know about the price difference.
It is Very important to make sure the withdrawal fees from the exchange you are buying from is very low,
It is Very important to make sure the withdrawal fees from the exchange you are buying from is very low,
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