Cryptocurrency arbitrage scheme (12 000$ per month)

Cryptocurrency arbitrage scheme (12 000$ per month)

ChildFly

Hello, today I will tell you how I made money on cryptocurrency arbitrage

In short, crypto arbitrage is a scheme for buying cryptocurrencies at a low price and selling them at a high price.

There are many exchange sites in which the difference in the price of cryptocurrency can reach good percentages.

Today we will learn how to earn $366 in 15 minutes of your time.

Stage 1.Creating a wallet and buying cryptocurrency at a low price

If you already have exchanges or cryptocurrency wallets where you buy cryptocurrency at a low price, then you can skip this step.

Let's analyze the purchase through trust wallet https://trustwallet.com/ 

To create a wallet, you need to download the trust wallet app from the app store or play market

ios https://apps.apple.com/app/apple-store/id1288339409?mt=8

android https://play.google.com/store/apps/details?id=com.wallet.crypto.trustapp&referrer=utm_source%3Dwebsite

After that, you need to create your wallet in the application, remembering the seed phrase


We have created a wallet, now we need to buy cryptocurrency, I think the most favorable rate is for the ltc coin

After commission we

   We have replenished the wallet, what to do next?

   Stage 2. Selling crypto on another crypto exchange at a high price

   We will use the crypto exchange https://nicehash.exchange

First we will create a new account

then make a deposit of $500

after replenishment, we transfer money to the exchange

then sell LTC for BTC

get btc and exchange them for $ at a broken rate

then we transfer our balance of the exchange to the main

press the "withdraw" button and withdraw our balance to BTC

We spent $500 and got $866 in 10 minutes.

 

  To do the scheme again with subsequent transactions, you need to re-register a new account with a new email and change the ip address (you can use vpn or proxy)


the scheme is current as of 07/15/2022


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