Trading is the most easiest way to earn money and most of you agree with this word, right? Yes, I know because most of the millionaires right now grew their this position after doing trading in cryptocurrency. Do you know @TheMoonCarl on twitter? He said that he was not rich like this before but as soon as he started trading, everything started to change for him. Right now he is the shareholder of Kasta crypto currency mobile app that ensures free transactions for every coin.
Anyway, this is not the topic of my article. So let’s leave it!
Hello, this is my new account here and you can say I am noob about everything here. So I need proper guidelines again too according to your suggestions. Never mind! I am a young man who loves to learn new thing, argue with the topic that I want to do. Truly but I don’t want to get lost by someone else. I could be wrong but I still want to win on every argument or topic. Is this my mistake? Yes, this is my mistake. But I am not caring about it as I am a unique one and I have my own path to prove I am right. I am a super emotional man and I love to envy those who talk with my beloved person. Anyway, leave it. The last thing you guys should know about me and that is I am super money love. I go where the money is available but I grew my skill first before going there.
As my topic is about the profit of arbitrage trading , let's talk about it.
What is arbitrage trading?
In simple word , Arbitrage trading is kinda like doing trading on two different exchanges. Suppose you know two exchanges, BInance and Coinbase. On both exchanges DOT coin is listed but On Binance the price of DOT coin is less than the Coinbase. So you are buying at least 5 DOT or PolkaDot from the Binnance exchange and withdraw to the Coinbase exchange to sell at a higher price. Actually this is how arbitrage trading works and this is called arbitrage trading..
A few days back, I got one opportunity like this. Do you guys know Coinsbit exchange? If you know this is okay but if you don’t know , just search about it. So there I saw a MICHI token selling order at $0.20 cents but actually the MICHI token price on Pancakeswap was $2 . So I have bought the MICHI token and withdrew it to my metamask wallet. I bought around 2000 MICHI and got 4000 USDT within hours. You can look at my trade history:
(@limbo2013/earned-4k-usd-within-one-hour-by-arbitrage-trading)