Latest Triangular Arbitrage Business In Nigeria 2024 – Get Paid Daily on www.Arubaly.com
Arubaly.com is a triangular arbitrage platform that allows you to buy Aruba Florin (AWG) and convert it to USD easily, you can also convert the exchanged USD to Naira within a few hours for reasonable profit.
This Is How Nigerians Are Making Over ₦54,000 Every Day By Exchanging Three Currencies For Good Profit
Finding a way to earn more money in Naira or Dollars is crucial now more than ever to maintain a stable financial situation, as the Naira keeps losing ground to the Dollar every day. For this reason, I’ve provided the update below on how to use triangular arbitrage in Nigeria to increase your income.
In this post, I’ll explain how you can use your phone to quickly and profitably exchange Naira to another currency and then convert that currency back into US dollars. This will allow you to earn a consistent income.
This process is called TRIANGULAR ARBITRAGE
To put it simply, triangle arbitrage is the profitable exchange of three different currencies.
The process is as follows: you must convert currency A (Naira) into currency B, currency B into currency C (U.S. Dollars), and lastly, you must profitably convert currency C (U.S. Dollars) back into currency A (Naira).
Another example would be: to make a profit, you will need to exchange the first currency for a second, the second one for a third, and finally the third currency back to the first.
To start triangular arbitrage in Nigeria, you will need to understand these key points:
1. The currency you start with is Naira.
2. The second is the Aruba Florin (AWG), the South American island nation’s currency. 1 AWG is currently N670 if it is not directly sourced, but N525 if it is.
3. The third is the US dollar. Exchange your Aruba (AWG) for US dollars (USD), then profitably resell the USD for Naira.
4. For these exchanges, use a triangular arbitrage platform.
Here’s how it functions: Acquire Aruba (AWG), exchange it for US dollars, and then profitably sell the US dollars for Naira at the official exchange rate or on the black market.
For instance, if you purchase 100 Aruba florin for N52,500 at the rate of N525 per Aruba (AWG), you will get $56 if you use the platform to convert the 100 Aruba to dollars. Next, use the platform to convert the $56 to Naira at a rate of N1156, giving you a total of N64,736. On the triangle arbitrage trade mentioned above, that represents a profit of N12,236.
As an additional illustration, if you purchase 200 Aruba florin for N105,000 at the rate of N525 per Aruba (AWG), you will receive $112 after converting the 200 Aruba to dollars on the platform. Next, use the platform to convert the $112 to Naira at a rate of N1156, making the total amount N129,472. This indicates that you will profit N24,470 from this triangle arbitrage transaction.
Be aware that: due to scarcity, you can only purchase Aruba (AWG) once every day on the platform because it is less expensive.
I’ve included a free PDF attachment with the triangular arbitrage platform’s website. I’m not charging you anything in exchange for this update and tutorial.
Click the following link to download the PDF file, register, buy Aruba (AWG), convert it to US dollars using the platform, and then sell the US dollars to earn a respectable profit margin.
