Cryptocurrencies have taken the world by storm, and they’re showing no signs of slowing down. But while Bitcoin may be the golden child in the crypto world, crypto investors are looking for new financial opportunities that will help achieve long-term financial success.
Arbitrage trading is by no means the new kid on the block, but it’s become a popular method in recent years when attempting to maximise investors’ crypto income in South Africa. Koinexpert has stepped into this space, providing expertise and solid profit margins for those looking to get their own piece of the pie.
Here’s everything you need to know about this fledgling space and Koinexpert’s services.
What is arbitrage trading?
Arbitrage trading has been around for a while and can be traced back to Wall Street and stock exchanges. This form of trading is all about profiting from price differences on different cryptocurrency exchanges in different countries.
Due to varying country-specific policies regarding crypto, the price of Bitcoin can, for instance, go from cheap to really expensive, depending on which country you’re buying it in. Purchasing crypto in South Africa is a bit pricier compared to overseas, so buying abroad and selling locally may offer large profits for those looking to earn an extra income. Utilising this opportunity is made simpler through Koinexpert’s technology, which allows simultaneous buying and selling and reduces overall risk.
Can I trade myself?
While it may seem like a brilliant idea to trade yourself, having a reliable partner by your side will not only help reduce risk but can also ensure higher profitability. Solo trading without the right knowledge and experience is a risky business, making it extremely difficult to make a profit.
“Years ago traders saw margins over 5%. Nowadays margins are on average much less than that, and it has become increasingly riskier to profit from this price difference without software provided by companies like Koinexpert,” states Ardi Coetzee, founder of Koinexpert.
So, why choose Koinexpert specifically?
Utilising the arbitrage method as well as the latest technology, Koinexpert generates consistent short-term financial gains while cutting out most of the risks involved. Maximum profit is the primary benefit of choosing Koinexpert, with one of the most competitive fee structures that ensure you don’t unnecessarily lose out on profits.
Trading in Crypto Assets will always present risks; however, Koinexpert’s innovative technology mitigates as much risk as possible by ensuring that trades are executed when arbitrage opportunities are at their best. As a result, Koinexpert has incurred no losses and for the 90 day period before this article was written, average daily returns sat at 1.6% on around 1509 trades executed. Updated performance stats can be found on their website.
Trust is a major added benefit. As a registered member of the Financial Intelligence Centre, Koinexpert fully complies with any financial legislation and has opened itself up to regular audits.
What are the requirements?
If you’re ready to jump into the world of crypto trading with Koinexpert, you will need to be a South African citizen over the age of 18, have a good standing tax compliance status with SARS, and have a minimum R100 000 trading capital. Smaller trades will return fewer profits. The amount you invest will be used to buy US dollars that Koinexpert will then expertly trade on your behalf.
The best part? Once the daily trade batch is complete, initial capital and profits are returned to every client. No waiting periods. You can then decide to continue trading or not.
If you’re looking to maximise your profits on the crypto market, make sure you visit the Koinexpert website. Registration is free and will only take a few minutes.
*Disclaimer: The percentages mentioned are not a guarantee of future returns.