I every one.
Great today : I have reached my first target ! I have accumulated more then 0,00022 BTC (more on that in my tomorrow recap).
It's not a lot and It took me 5 days .
That doesn't seem a lot but
That's the minimum amount I need to invest and strongly increase my daily revenue with the coupound interest flow i plan to create. Lets go.
Step 1 - Change all my BTC in LTC (lowest transactions fees).
You can do that fo really low fees on FaucetHub.
Step 2 - Convert the LTC in XLM (l will explain later why)
For that i oppened a free coinbase account, send my LTC and converted it for free. As i used a referal link, I will earn 10 $ when my total deposit will reach 100 $ (I hop I reach this target in 3 less then months). If you want to do the same, you can use mine : https://www.coinbase.com/join/lagube_n
Step 3 - send my XLM to l7.trade
What is L7 trade?
First I would like to thanks @Dmitriy192 who shows me this site.
It's an arbitrage plateform. As you the prices of crypto assetz might be different from on exchange to another. With this plateform you can buy low on one exchange and immediatly sell higher on another plateform (it's more complex than that but basically it is that). It's a risk free arbitrage.
How much can I make?
I checked : the arbitrage opportunities are around 5% but the plateform uses a lot of intermediary to achieve the arbitrage so there are fees involve and in the end I think I will make between 1 and 2% per arbitrage. Assuming I can do it 3 times a day that's an average of 5% a day !
What is the minimum to trade ?
That's why i choose to convert my BTC in XLM : the mimum are very high in BTC or LTC but starts at 20 XLM (around 2$)
If you want to give a try please use my referal link : https://l7.trade/?r=201174635
I have transfered the funds. I think I will have it on the plateform by tomorrow (it takes a little bit of time to withdraw from Faucethub).Hopefully I'll keep you posted tomorrow on the results.
It doesn't seem to be a SCAM. The site looks solide. What is probable is that this kind of arbitrage will not last very long. I plan to make the most of this opportunity !
Have a good day
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