I every one.
I have been asked to do a L7.trade tutorial Video by some of you.
So I did this youtube video to show step by step how to execute a risk free arbitrage on this platform.
I hope you find this video usefull, and I apologize for the quality of it (sound...). This is my first youtube video !
I hope this video helps.
I would be glad if you are interested in this platform if you could use my referral link to subscribe, it will help me reach my goal to accumulate 1 BTC, from 0 in one year ! :
https://l7.trade/?r=201174635
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As complement I have already did a post on it, that you can find here :
I also did this post on the importance of Compound effect :
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What is arbitrage trading ?
Arbitrage trading consists of buying an asset a certain price and selling it at the same time at a better price, making an instant profit with no risk.
Arbitrage trading exists when the market is not perfect. The more efficient the market is the more difficult it is to execute an arbitrage. It's nearly impossible for a retail investor to execute an arbitrage on the stock exchange or the forex today .
But as you know crypto is still in its infancy and the prices of crypto assets might be very different from on exchange to another.
So you could, in theory, buy Bitcoin on one exchange and sell it on another exchange for a better price. In theory only because you would have to have an account on a lot of exchanges and you won't be able to buy and sell at the exact same time on both exchange (you would have to send the BTC from one exchange to another and it takes time), so you will take a risk.
What is L7.trade
L7.trade is a platform that permit all of us to execute arbitrage trades !
With this platform you can buy low on one exchange and immediatly sell higher on another plateform. It's a risk free arbitrage.
In reality that's more complex than that. The platform uses agents that will execute the buy and sell trade at the exact same time for you. For their service they will earn a share of the profit. And the platform will also take a piece of this profit. Basically, you will keep one third of it (but it's more then 1% per trade on average). A after the trade the platform acts as a clearing house : sending the crypto to the one who sold it and usd to to one that bought it. In 60 to 90 min the whole process will executed and you will have your crypto plus your share of profit back in your wallet, ready to execute another trade.
Here are the current profit rate (it varies every minute) :
Thank you all.
Please tell me in the comment section if you find de video usefull.
If you want to try the platform, I would be great if you use my ref link :
https://l7.trade/?r=201174635
Have a nice day !
***
You want to help me achieve my challenge?
Here is what you can do :
- Follow and support me :
- Follow my blog : https://www.publish0x.com/from-0-to-1-bitcoin-challenge
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- on Publish0x. To do that you nedd to subscribe for free here : https://www.publish0x.com?a=w9aAMx7avM (plus il will get 5% on all the tipping you’ll do !)
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Thank you very much in advance !

