P2P arbitrage for beginners! How to earn $500 a day on the difference of coin rate.
Imagine that you can make money from cryptocurrency by buying it cheaper on one exchange and selling it more expensive on another. P2P arbitrage is a proven way to make money with minimal investment and without having to be an expert. You don't need to learn complex algorithms or techanalysis. All you need to do is find the price difference and act fast. Start with small amounts, test the strategy and watch your income grow. The whole process is simple and affordable!
We will show you the actual strategy for today, it is important to remember, when the market is high volatility, it is necessary to buy and sell coins in time, while there is a difference in rates between exchanges.
Today we will consider a strategy that is relevant for today -
Go to Binance, KuCoin, Kraken, or another exchange you use, the main thing is to check the current TRON coin rate. On the Binance exchange, the exchange rate of TRON coin is 0.25 dollars.
After that, go to the NICKBIT exchange and compare the rate.
As you can see, the rate of TRX coin on the exchange NICKBIT is $0.3 You can work with this strategy from $10 and up to $300.000 per day (maximum selling limit on https://nickbit.com without verification). Increase your capital with each transaction.
Let's go through in detail how to start earning on a P2P arbitrage, even if you have no experience with cryptocurrency. To get started, open a trading section on your exchange or register at https://www.binance.com/. Find the USDT/TRX trading pair. We will show you an example on our balance, but you can use any amount. We bought 20,000 TRX for $5,000 dollars. And we will sell them for 6000 dollars. The net profit is $1000 from one transaction. Nowadays the market is dynamic and the price is constantly changing, check the current rate always!
After successful TRX purchase, go to the nickbit exchange and open the Deposit page. Generate your personal TRX wallet address.
Copy your wallet and return to the Binance exchange. Open the withdrawal page and transfer TRON to your nickbit wallet
Make sure the funds are credited to your nickbit account and open the SPOT TRADING page . Find the TRX/USDT trading pair and exchange TRON. Or you can use the SWAP quick exchange page.
After the sale, we received $1000 net profit. To withdraw funds, go to the withdrawal page and transfer USDT, to your Binance account, or other exchange.
Within minutes, the application will be processed and you will receive funds to your wallet.
Go to your Binance account and verify that the USDT has been successfully credited. Now you can repeat the transaction.
Keep in mind that these strategies only work for a few days while there is a difference in exchange rates. It is not recommended to make more than 10 transactions per day, but if you pass verification, then you can make unlimited transactions.