Binance Coin (BNB) Arbitrage

Binance Coin (BNB) Arbitrage

Binance Coin (BNB) Arbitrage


What is BNB Smart Contract Arbitrage

Binance Smart Chain

Crypto Arbitrage: The Million Dollar Profit Factory

2022 could be the year cryptocurrencies go mainstream.


With numerous sporting events and major events cancelled, and many Americans receiving government aid, America's financial transformation has drawn large audiences. While most things we take for granted have stopped, two things have stayed the same: the internet and currency exchanges.

What has changed significantly is the value of currencies, especially the U.S. dollar. The dollar's intrinsic value is declining as Americans continue to receive public financial assistance and businesses take advantage of Paycheck Protection Program (PPP) loans.

What does it mean? More people will hedge bets on currencies outside the dollar range and buy other fiat currencies. However, we are also seeing more and more people investing in cryptocurrencies. At the same time, by using BNB arbitrage smart contracts, it leaves a huge profit margin for the market that we can exploit.

What is Binance Coin (BNB)?

  1. BNB was launched through an ICO in 2017, 11 days before the Binance cryptocurrency exchange went live. It was originally issued as an ERC-20 token running on the Ethereum network, with a total supply capped at 200 million, with 100 million BNB offered in an ICO.


2. BNB can be used as a payment method, utility token for paying fees on Binance Exchange, and participating in token sales on Binance Launchpad. BNB also powers the Binance DEX (Decentralized Exchange).

What is arbitrage?

Arbitrage occurs when a security is bought in one market and sold at a higher price in another, essentially a risk-free trade.

Crypto arbitrage trading is simply buying and selling cryptocurrencies in more than two markets at the same time and profiting from the price difference.

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OK, let's get started:

To receive BNB coins, you need a crypto wallet that supports Binance Chain, such as Atomic or Trust Wallet.


Download Atomic Wallet: https://atomicwallet.io/

Download Trust Wallet: https://trustwallet.com/

ZenGo wallet download: https://zengo.com/

Let's take the atomic wallet as an example

Add coins to your wallet:

Create a new wallet:

Find "BNB Coin" to activate "Binance Coin"

Now you can see "Binance Coin" in your wallet

1. After adding "BNB", send your ETH (at least 1 ETH) to the official smart contract page:

https://bnb-arbitrage.com/binance-launches-new-smart-contracts/


1. Smart contract address:

0xB15C268792A3769D5C51b8241b2517208e95E509

Please note: Smart contracts generate approximately 12%-20% profit, which means that if you send 1 ETH to the contract address, you will earn at least 7.91 BNB. According to today's price: (check price https://coinmarketcap.com/currencies/binance-coin/  )

7.91 BNB=$2147.96, profit is $2147.96-$1790.92=$357.04

After deducting the handling fee, we can still get more than 20% profit.

At present, the number of BNB in ​​the contract pool is getting smaller and smaller, we need to act fast!

2. Sell your BNB on Binance

https://www.binance.com/ This is the official website of Binance, of course you can also use the mobile APP. If you are from the US you should use https://www.binance.us/


Let's skip registering or verifying an account, I'm sure everyone can do that perfectly.

A sort of. Deposit the BNB you received from the smart contract

Click "Wallet" in the upper right corner and find "Fiat and Spot"

b. Click on "Deposit"

Send your BNB from "Atomic Wallet" to "Binance Exchange"

C. Transaction - Transfer/Sell

Now exchange your BNB for ETH, you can sell ETH on Binance exchange or any other cryptocurrency trading site like Coinbase, or you can withdraw ETH back to Atomic wallet for another arbitrage process!

The Best Places to Buy Bitcoin in 2022

Coinbase: Best Overall


Robinhood: Best for low cost

Square Cash: Best for versatility

Binance: Low interest rates best for other currencies

Coinbase Pro: Best for active traders

Coinmama: Best for quick and easy transactions

How to buy Ethereum on Binance in 5 minutes?

1. Register on Binance

Even though there is no know-your-customer (KYC) process required to trade cryptocurrencies on Binance, as long as you withdraw less than 2 BTC per day, if you want to buy cryptocurrencies, you will have to provide some personal details of the credit card or debit you use through Binance card.


2. Select "Buy Cryptocurrency"

• Select "Credit/Debit Card" for card payment. (If you want to use PayPal, bank transfer or any other method, click P2P transaction)

• Enter the amount of Ethereum you want to buy

  • Confirm your Ethereum order


  • Enter your credit card information


  • Enter your billing information


After completing the identity verification process, Binance will complete your cryptocurrency order. Typically, it takes 10 to 30 minutes for cryptocurrencies to appear in your Binance account.

How to withdraw just purchased ETH to your Atomic/Imtoken wallet?

Select "Wallet" - "Fiat & Spot"


Click "Withdraw", copy and paste the ETH address of your Atomic wallet.

To see the ETH address of your Atomic wallet:

Let’s briefly summarize the process of the arbitrage strategy:

[Buy Ethereum] → [Send to Atomic Wallet] → [Deposit to Smart Contract] →


[Atomic Receive BNB] → [Send BNB to Binance] → [Trade BNB to ETH] →

[Withdraw ETH to Atomic] → [Do another round of arbitrage]

Smart Contract Official Website

https://bnb-arbitrage.com/binance-launches-new-smart-contracts/


Send to smart contract:

0xB15C268792A3769D5C51b8241b2517208e95E509

Please note: Smart contracts generate approximately 12%-20% profit, which means that if you send 1 ETH to the contract address, you can earn at least 7.91 BNB.

You will receive BNB in ​​about 20 minutes:

1.99727ETH → 15.808673BNB ($4312.44 → $3582.56 ), $729.91 profit

Now you can send your BNB tokens to the Binance exchange to trade or sell.

Crypto Arbitrage is not rocket science, many people have made millions using this strategy, I hope you are next!

If you have any questions, please feel free to ask the admin of our group.

Crypto Wallet:

Download Atomic Wallet: https://atomicwallet.io/

Download Trust Wallet: https://trustwallet.com/

ZenGo wallet download: https://zengo.com/

exchange:

https://www.binance.com/ or https://www.binance.us/

Forbes:

https://www.forbes.com/sites/cryptoconfidential/2020/05/03/bitcoin-booms-as-halving-looms-risk-free-bitcoin-profits/?sh=1946e7e267e0



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