Making Money From Arbitrage Trading Method.

These days, almost everywhere you turn on social media, there's at least one person talking about the latest cryptocurrency, cryptostrategies,or NFT. But they don’t actually get to the good bit: How to make money from crypto. And what good is all the crypto news you heard, if you can’t benefit from it?

It seems like every month, there’s someone who has made billions from investing in crypto, like the guy who turned $8000 worth of SHIB into $5.7 billion. Even though we regularly get free cryptocurrency from websites and exchanges, I realized something during the process. Showing you how to make money on your own in crypto will go a long way. So today, I'm taking a deep dive into this proven way to secure the bag in crypto!

Arbitrage Trading

If you’re looking for how to make money from crypto in the most low-risk way, arbitrage is the best way to do it. Arbitrage is when you buy crypto at a low price on one exchange, move the crypto you bought to another exchange, and sell it there for a higher price. 

This opportunity is there because crypto prices have a small difference on different exchanges. For example, the price of one Bitcoin can be $1,000 on one exchange and $1,100 on another. So if you buy it on the first exchange and sell it on the other, you’ll make $100 profit. 

Some Things to Note About Arbitrage

The profit that comes from arbitrage isn’t a lot because the difference between the price of the same crypto across exchanges isn’t much. You may lose a big portion of your profit to transaction fees so make sure you’re not using a currency like Ethereum and Bitcoin that have huge transaction fees 

How to Get Started with Arbitrage

For this, you’ll need to sign up on one exchange and another cryptocurrency exchange. Make sure you do your research before picking the exchanges. You’ll need secure exchanges that you can buy and sell crypto instantly on. You’ll also need to make sure that there’s a big enough difference between the prices on both exchanges for the crypto you want to buy. Buy the crypto on the first exchange, then send it to the next exchange and sell it. Withdraw the money plus your profit to your bank account. Go back to the first exchange, deposit again and buy the cryptocurrency again. Repeat the process until you’re satisfied.