How to turn $100 to $150 every day with crypto arbitrage? (Arbitrage Trading Tool Revealed) (3 mins read)

Hey Guys,

I am in the crypto space for quite some time now and I have been earning thousands of dollars through crypto trading and arbitrage. I have been asked many times what is the easiest and least risk way to earn money. So today I will be sharing my crypto arbitrage trading tool which is by far the easiest way to earn money.

For all the newbies, the term 'arbitrage' as per Wiki is:

"In economics and finance, arbitrage is the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices"

So, in simplest crypto terms: You buy a coin at exchange A, sell it at exchange B & take home the price difference. Simple, right? Well, it isn't. You will have to consider a lot of things before making a profit.

First of all, you should calculate the total cost of 1 arbitrage trade as per follows:
Buy@Exchange A: Trading Fees + Withdrawal Fees
Sell@Exchange B: Deposit Fees (Mostly Free) + Trading Fees

So after the sum of all the above cost should be less than the price difference in order to make a profit.
Profit: Price Difference of a coin between exchanges A & B - Sum of all the above costs.

Now that you have got a basic understanding of the arbitrage, let's dive deeper. Since the cryptocurrency market is highly volatile, you need a tool to identify arbitrage opportunities across so many exchanges and bag the difference.

Here's the perfect tool for it: https://www.coinigy.com/?r=ae70fab9

After signing up, you have to go to Apps --> ArbMatrix. (Paid Subscription Required)

As a crypto trader, I really like the user friendly interface of the site & the fact that you can trade through many different exchanges on one single platform, which makes it an awesome tool for arbitrage trading.

Let me warn you of the risks associated with arbitrage trading as well.

1) Transfer Time Risk: There is a significant risk involved for the time taken by the coin which will be withdrawn from exchange A & deposited to exchange B.

 To Minimize Risk: Always trade with faster coins such as Ripple,etc

2) Volume Risk: The exchanges with higher arbitrage difference may have lower volumes of trading activity on their platform due to which you may not be able to sell your coins.

 To Minimize Risk: Always check the trading volumes on exchanges A & B before-hand.

3) Market Risk: In case of a bear market i.e. when market is on a decline, your coin-value will decline which could result in overall loss rather than profit.

 To Minimize Risk: Study the trendline of the market (past 12 hrs trend) & calculate the maximum amplitude & change hourwise just to confirm that the market is not crashing the hell down as it happened on mid Jan 2018.

All the best and have fun making money.

WARNING: I am not a financial advisor and this post explicitly expresses my views and opinions only. You are investing on your own risk and I am in no way responsible for any loss of your investments.