{"id":509368,"date":"2021-07-28T09:27:36","date_gmt":"2021-07-28T07:27:36","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=509368"},"modified":"2021-08-02T14:39:41","modified_gmt":"2021-08-02T12:39:41","slug":"why-cryptocurrency-arbitrage-is-a-great-way-to-make-passive-income","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/509368\/why-cryptocurrency-arbitrage-is-a-great-way-to-make-passive-income\/","title":{"rendered":"Why cryptocurrency arbitrage is a great way to make passive income"},"content":{"rendered":"<p>Cryptocurrency is becoming the preferred choice for investors who are frustrated by traditional investment avenues that offer low returns and lots of red tape.<\/p>\n<p>This is why thousands of South Africans are turning to OVEX\u2019s cryptocurrency arbitrage product to make superior profits quickly.<\/p>\n<ul>\n<li><a href=\"https:\/\/arbitrage.ovex.io\/welcome\/1?utm_campaign=Business%20Tech%20Articles%20Lander%20A&amp;utm_source=BusinessTech%20Facebook%20Social%20boost&amp;utm_medium=BusinessTech%20Facebook%20Social%20boost%20-%20Why%20cryptocurrency%20arbitrage%20is%20a%20great%20way%20to%20make%20passive%20income&amp;utm_term=Facebook%20social%20post&amp;utm_content=BusinessTech%20Facebook%20Social%20boost%20-%20Why%20cryptocurrency%20arbitrage%20is%20a%20great%20way%20to%20make%20passive%20income\" target=\"_blank\" rel=\"noopener\"><strong>Click here to learn more about OVEX cryptocurrency arbitrage.<\/strong><\/a><\/li>\n<\/ul>\n<p>Cryptocurrency arbitrage involves buying cryptocurrency on cheaper markets, and then selling it on more expensive markets.<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2021\/07\/Image.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-509384 aligncenter\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2021\/07\/Image.jpg\" alt=\"\" width=\"640\" height=\"430\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2021\/07\/Image.jpg 640w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2021\/07\/Image-300x202.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>The discrepancies in these markets are caused by certain countries \u2013 including South Africa \u2013 having exchange controls that make it more costly to acquire internationally-traded cryptocurrencies.<\/p>\n<p>By purchasing on markets without these controls \u2013 such as US markets \u2013 where you pay less for cryptocurrency then in South Africa &#8211; you can exploit this discrepancy to make profits fast.<\/p>\n<h3 class=\"my-4\">How OVEX makes it happen<\/h3>\n<p>OVEX\u2019s cryptocurrency arbitrage takes all the complications out of your hands, meaning you can make arbitrage trades in just a few clicks.<\/p>\n<p>The product leverages the TUSD stablecoin as its arbitrage cryptocurrency of choice, and allows South African investors to instantly buy and sell this cryptocurrency in order to make a profit.<\/p>\n<p>\u201cWhen the client buys USD from their bank to send overseas they are able to \u2013 at the exact same time \u2013 sell TUSD for a profit via the OVEX OTC (Over-The-Counter) desk, which will extend the client a credit line,\u201d explained OVEX founder Jon Ovadia.<\/p>\n<p>OVEX guarantees its customers no trading losses and only charges a fixed fee of 1% on all trades \u2013 making cryptocurrency arbitrage an attractive investment opportunity.<\/p>\n<h3 class=\"my-4\">Invest with OVEX<\/h3>\n<p>The OVEX cryptocurrency arbitrage platform is helping thousands of OVEX clients make over R200,000 per year \u2013 and you could be next.<\/p>\n<p><a href=\"https:\/\/arbitrage.ovex.io\/welcome\/1?utm_campaign=Business%20Tech%20Articles%20Lander%20A&amp;utm_source=BusinessTech%20Facebook%20Social%20boost&amp;utm_medium=BusinessTech%20Facebook%20Social%20boost%20-%20Why%20cryptocurrency%20arbitrage%20is%20a%20great%20way%20to%20make%20passive%20income&amp;utm_term=Facebook%20social%20post&amp;utm_content=BusinessTech%20Facebook%20Social%20boost%20-%20Why%20cryptocurrency%20arbitrage%20is%20a%20great%20way%20to%20make%20passive%20income\" target=\"_blank\" rel=\"noopener\"><strong>Click here to learn more about OVEX cryptocurrency arbitrage.<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>OVEX\u2019s cryptocurrency arbitrage takes all the complications out of your hands, meaning you can make trades in just a few clicks.<\/p>\n","protected":false},"author":57,"featured_media":509380,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[15929],"class_list":["post-509368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-ovex"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/509368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=509368"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/509368\/revisions"}],"predecessor-version":[{"id":510402,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/509368\/revisions\/510402"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/509380"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=509368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=509368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=509368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}