What is arbitrage?
Arbitrage is a financial term that refers to a strategy to exploit price differentials between two or more markets. Simply put, arbitrage is the process of buying an asset in one market and then selling it in another market at a higher price. The desired result is to profit from the difference in value.
Let’s say stock A is trading for $50 on the FTSE and $60 on the NASDAQ at the same time. An arbitrageur could buy the stock on the FTSE for $50 and immediately sell it on the NASDAQ for $60. So he could earn $10 per share.
How can I use Arbitrage myself?
ArbiSmarta popular financial investment platform, has launched a new feature: the Crypto Sale Function.
With this selling feature, you receive multiples of the price when selling any of the 25 cryptocurrencies supported by the platform, excluding ArbiSmart’s in-house token RBIS. With this, the platform promises an even higher increase.
All cryptocurrencies are sold in Euro except RBIS which can be sold in Euro or USDT. Many people use this feature to arbitrage by buying their preferred currency on another exchange and then selling it at triple the price through the ArbiSmart platform.
what you gotta do
Step 1: Buy cryptocurrency through the exchange of your choice
Step 2: Deposit the purchased cryptocurrency with ArbiSmart
Step 3: Go to the “Sell Crypto” page on the dashboard and sell the cryptocurrency for a profit
Is there a catch?
There’s always a catch. It’s good to know what to expect. At ArbiSmart, you need to meet two specific conditions in order to get the higher rate for your cryptos. These include a minimum sale amount, which differs for each cryptocurrency, and a 24-month hold period during which funds sold cannot be withdrawn.
For example, if you decide to sell $1,000 worth of Ethereum, $3,000 will be credited to your ArbiSmart account immediately. However, these will only be withdrawable after the 24-month blocking period has expired. If you sell RBIS instead of ETH, the amount paid out will increase.
While you’ll have to wait two years to access the funds, you can think of it as an interest savings plan of sorts, where you invest the capital for triple the profit. You get a possible return without having to do predictive analysis and estimate the future profitability of your BTC, DOGE and APE.
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