Have you ever thought about zero risk trading? Want to make money without worrying about anything? Want to see how a goldmine and mine as much gold as you want? If the answer is YES , then you are in for a treat. Its called location arbitrage and you can make as high as 50% profit for every $ you can put.
You need the following things
- An account in a Cryptocurrency exchange where you can buy in FIAT currencies like USD, EUR, GBP etc
- An account another cryptocurrency exchange in countries like Indonesia , India, Korea etc
How do you do it now? Follow me to your gold mine
- Buy 1 bitcoin in USD from any exchange for lets say $2425.
- Send this bitcoin to your wallet in Indonesia.
- Sell the 1 bitcoin for 35599817 IDR (~ $3559)
- You have $3559 worth IDR in your exchange account.
- Transfer this to you bank account in your country (some deductions happen for currency exchange)
- Now you have $1128 more in your bank account.
See wasn't that simple. I have just shown you just one example. You can do this between so many currencies. You can track this using this app
https://play.google.com/store/apps/details?id=dev.dworks.apps.acrypto
