Arbitrage trading is buying and selling the same currency on two different markets at different rates. Using the Arbitrage Principle, we have developed automated software to identify high arbitrage opportunities and execute trades immediately to generate short-term financial gains.
To make use of our service, you need to have:
- A South African ID Book, Card or Passport
- A South African Tax Number
- A South African bank account registered in your name
When you meet all the above requirements, you start by registering on Koinexpert.com and opening an account.
Koinexpert is committed to following all regulatory prescripts on Crypto Assets and has simplified our online application process accordingly. All you need to do is complete our KYC and AML verification by answering a few personal questions and uploading documents.
With the assistance of an intermediary, you will need to open a new trading account. We partnered with five intermediaries. All have different rates that might be preferential to you, depending on your trade size.
We provide you with some additional tools to assist you in making an informed decision on when to trade.
- 90 Day Performance: https://www.koinexpert.com/performance
- Telegram Group and Bot to assist clients in getting up to date statistics on a variety of crypto assets along with arbitrage opportunities.
We also offer two trade options.
- Low Risk - Immediate Trade (Default)
- Higher Risk - Batched Trade
Most people use the "Immediate Trade" option. Deals are locked in the moment we receive your confirmations. Trades are then double-hedged. "Batched Trade", however, will group you into a batch with others clients and trade your funds only when they arrive. Batch trading exposes clients to forex movements and is, therefore, the riskier option. Only experienced clients with a better understanding of forex markets and a higher appetite for risk should utilise the "Batched Trade" option.
Now you are ready to start trading. The next step would be to transfer your funds into your trading account and instruct your respective intermediary that you wish to book a trade. Usually, a Proof of Payment to the intermediary is sufficient; however, each intermediary has its preference and cut-off times. The best would be to make sure of it with them beforehand.
Once the funds arrive in USDC, Koinexpert Technology examines the pricing across multiple markets and executes trades when market conditions are most profitable.
Once trading is complete and if trading was profitable, your initial capital along with profits are returned to your bank account the following day. You will also receive a statement via email outlining all the details of your particular trade.