Blog Details | How To Start Triangular Arbitrage Business In Nigeria – Naira Invest
12:08AM, Sunday 28th April 2024

How To Start Triangular Arbitrage Business In Nigeria


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This Is How Nigerians Are Making Over N475,000 By Exchanging Naira To Dollar At Profitable Rate.

As the Naira continues to weaken against the Dollar each day, it is more important than ever to find a way to earn in Dollar or make more money in naira to be financially sustainable.
 

 That is why i have decided to share this below update on how to make more income through triangular arbitrage platform in Nigeria.

In this article, I'll guide you on how to create a steady income through the exchange of Naira to another country's currency, and subsequently convert that currency into US dollars for potential profit.

This process is called triangular arbitrage.

Triangular arbitrage simply means the simultaneous exchange of three different currency for profit. 

You will have to exchange the first currency for a second currency, and the second one for a third currency, and exchange the third currency back to the first currency for profit.

To start triangular arbitrage in Nigeria, you will need to understand these key points: 

1. Naira is your starting currency.

2. Aruba Florin (AWG), the currency of Aruba in North America, is the second. 1 AWG is currently N570.

3. The US dollar is the third. Convert your Aruba Florin (AWG) to US dollar (USD) and then resell USD to Naira for profit.

4. Make use of a triangular arbitrage platform for these exchanges.

This is how it works: Buy Aruba (AWG), convert it to US dollars, and sell the US dollars at the official rate or black market rates for profit.

For example: if you buy 100 Aruba florin for N57,000 at a rate of N570 per Aruba (AWG), convert the 100 Aruba to dollars on the platform, and you will receive $56. Then convert the $56 to Naira on the platform at a rate of N1450, resulting in N81,200 in total. That is a  N24,200 profit on this above triangular exchange.

Another example: if you buy 250 Aruba florin for N142,500 at a rate of N570 per Aruba (AWG), convert the 250 Aruba to dollars on the platform, and you'll get $140. Then convert the $140 to Naira on the platform at a rate of N1450, that will be N203,000 in total. That means you will make N60,500 in profit on this   exchange transaction.

I have attached the website of the triangular arbitrage platform inside a free PDF. You do not have to pay me any amount for this update and guide.

Just click on the link below, get the PDF file, sign up, purchase Aruba (AWG), convert it to US Dollars on the platform, and then sell the US dollars at either the official rate or the black market rate to make a profit.
 

CLICK HERE TO GET THE PDF NOW.

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