Cryptocurrency has become one of the most popular ways to invest money both locally and globally.<\/p>\n
Cryptocurrency investment initially comprised of buying a cryptocurrency at a price you believed to be good value, before selling it when you thought you had maximised your profits.<\/p>\n
Now, however, there are many ways to invest in cryptocurrency \u2013 with arbitrage being the latest trend to take the industry by storm.<\/p>\n
Cryptocurrency leverages pricing discrepancies between the markets that exist in different countries.<\/p>\n
Over the past few years, the average premium paid in South African Rand markets for Bitcoin has been 4.6% when compared to US Dollar markets.<\/p>\n
Therefore, by purchasing Bitcoin in US markets and then selling it in local markets, you can make a good profit.
\nThis profit is far more reliable than buying a cryptocurrency and holding onto it in the hope that it rises in value.<\/p>\n
Leading South African cryptocurrency investment platform OVEX makes it easy to implement cryptocurrency arbitrage, thanks to its presence in both local and international markets.<\/p>\n
This lets OVEX facilitate fast and efficient trades across these markets, which in turn ensures you don\u2019t lose out on arbitrage profits due to delayed trades.<\/p>\n
To this end, OVEX offers instant trading \u2013 which means that the price you see is the price you get, and will not be affected by a delay in the execution of trades.<\/p>\n
OVEX has facilitated millions worth of cryptocurrency arbitrage for its customers to date, who appreciate the instant trading and low 1% fee structure that guarantees them no trading losses.<\/p>\n