Blog Details | Latest Triangular Arbitrage Business In Nigeria – Naira Invest
06:55AM, Saturday 27th April 2024

Latest Triangular Arbitrage Business In Nigeria


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This Is How Nigerians Are Making Over ₦54,000 Every Day By Exchanging Three Currencies For Good Profit.

As the Naira continues to fight 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 the below update on how to make more income through triangular arbitrage in Nigeria.

In this article, I'll guide you on how to create a steady income through the exchange of Naira to another currency, and also convert that currency into US dollars for profit, within minutes with your mobile phone.

This process is called TRIANGULAR ARBITRAGE.

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

How it works: you need to exchange currency A (Naira) into currency B, currency B into currency C (Us Dollars), and finally exchange currency C (Us Dollars) back to currency A (Naira) with profit.

Another illustration: 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 N525 (directly sourced), but N670 if it is not sourced directly.

3. The US dollar is the third. Convert your Aruba (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  for Naira at the official rate or black market rates for profit.

For example, if you buy 100 Aruba florin for N52,500 at a rate of N525 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 N1156, resulting in N64,736 in total. That is N12,236 in profit on this above triangular arbitrage exchange.

Another example: if you buy 200 Aruba florin for N105,000 at a rate of N525 per Aruba (AWG), convert the 200 Aruba to dollars on the platform, and you'll get $112. Then convert the $112 to Naira on the platform at a rate of N1156, which will be N129,472 in total. That means you will make N24,470 in profit on this  triangular arbitrage exchange.

Note that: because Aruba (AWG) is cheaper on the platform, you can only buy Aruba (AWG) once per day due to scarcity.

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 reasonable profit margin.
 

CLICK HERE TO GET THE PDF NOW.

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