Arbitrage
In financial matters and money, arbitrage is the act of exploiting a value contrast between at least two business sectors: striking a mix of coordinating arrangements that underwrite upon the irregularity, the benefit being the distinction between the market costs at which the unit is exchanged.
Basically, arbitrage is all about buying Bitcoin Cash at a place where BCH is common and easy to get, therefore BCH will be sold at a cheaper price at that geographical location and then selling the BCH in countries/cities/ or towns where BCH is scarce(in terms of methods to buy) and the demand is very high to make more profits .
How to arbitrage
Arbitrage has become much simpler in today's era in the sense that you don't have walk or move physically that particular location that you want to sell.
With the availability of the internet you can arbitrage on BCH p2p trading platform like local.bitcoin.com , buy and sell BCH in a jiffy.
How do I know where BCH is bought at a higher price?
Local.bitcoin.com allows you to search for offers between various geolocations. With this property, you can discover for yourself spots where you want you buy and sell taking into consideration the price / offers made by the majority of people in that geolocation .
NB: when arbitraging, you have to take into consideration the mode of payment, if not you'll later realize the profit you made has gone into the fees charge by that mode of payment.
Thank you for reading :)
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