#SteemitCryptoAcademy | Homework Summary - for week 4 by Professor @yohan2on - The price difference between the platforms and how to profit from it ?

in hive-108451 •  4 years ago 


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The Photo take by: @alirade37



Hi
I will explain the method of profit through the difference in the price of digital currencies between the platforms step by step, I will explain in this topic the method of profit from the difference in currency rates between the platforms, and what are the platforms that we will convert between them and profit from them? What are the digital currencies that we will buy from one platform and sell them on the other platform and profit from the price difference between the two platforms

All we need is to register on two trading platforms


The second step

We are buying from Binance, two currencies which are (pivx , zec) We sell on extstock
Why these coins

  • These currencies The withdrawal fees from the Binance platform are very simple
  • these currencies are priced low in Binance

1 :Buy Zec

We will go to this Link and make a BUY of the currency at the price of 0.0025btc, and we will transfer it from the Binance platform to the Extstock platform.

٢٠٢١٠٣٠٢_١١٤٤٠٠.jpg

Photo shot take from : Binance

2 : Sell Zec

We will go to this Link and sell zec coin at 0.0028btc on a platform and thus we will have made a profit of 16% for one time.


Screenshot_٢٠٢١٠٣٠٢-١١٥٨٤١_Chrome.jpg


Photo shot take from : Extstock


With this, we have made a profit from the price difference for this currency and we must go back to the matter again, let us turn to the next currency and see how


1: Buy Pivx

We will go to this Link and make a BUY of the currency at the price of 0.000025btc, and we will transfer it from the Binance platform to the Extstock platform

Screenshot_٢٠٢١٠٣٠٢-١٢٠٥٣١_Chrome.jpg
Photo shot take from : Binance


2 : Sell Pivx

We will go to this Link and sell zec coin at 0.000029btc on a platform and thus we will have made a profit of 18% for one time.



Screenshot_٢٠٢١٠٣٠٢-١٢١٠١٩_Chrome.jpg
Photo shot take from : Extstock



You can return the matter and win thousands of dollars, but you must follow the prices between the platforms and calculate the amount of deductions so that you have a good net profit that you can rely on by making a profit from it and you must be patient, persistent and accurate in the accounts Start with a small capital and experiment, and you will find it a great way. Start now, so what are you waiting for, otherwise the price will be equal between the two platforms and you will miss this opportunity that can make you rich With this,


The lesson for this day will be over. Try to start it and profit from it #Upvote #me


Steemit Crypto Academy Homework Summary - for week 4 by Professor @yohan2on
#yohan2on-week4
@steemcurator01

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Hi @alirade37

This is not answering the week 4 homework task. It's irreverent content to the steemit crypto academy.

I'm sorry, I made a mistake
This is the article link 👇
correct answer for homework week 4

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