Make Wealth with Arbitrage Trading with NGN, KES, And USDT.

Send App by Flutterwave, move money across borders

Arbitrage trading has been one of the many ways crypto and forex traders in Africa have been making a lot of money online from the comfort of their homes for years now. If you’re among those individuals who are always on the lookout for fresh opportunities to bolster your online earnings, you’ve come to the right place. In this comprehensive blog post, we’ll guide you through a strategy that has the potential to help you earn more than $300 daily using the currencies of NAIRA, KES (Kenyan Shillings), and USDT (Tether).

Dollar to Naira Rate for Past One Week

Navigating Economic Instability

By now, it’s no secret that Nigeria’s economy has been grappling with persistent inflation over recent years. This challenge has been especially pronounced during the last 8 years and 4 months + under the APC government. As of October 5, 2023, the exchange rate has skyrocketed to a staggering 1010 Naira to 1 USD in the Black Market. The grim reality is that experts are predicting that it may even worsen in the days to come.

In the face of this economic volatility, the most brilliant move is to insulate yourself by earning in foreign currencies renowned for their stability. Among the most sought-after are Kenyan Shillings, South African Rands, and United States Dollars.

Maximizing Profits with Exchange Apps

Your gateway to these potentially lucrative foreign exchange opportunities lies within a range of apps that offer favorable rates for converting your NAIRA to other, more stable currencies. One standout option in this regard is the Send App by Flutterwave. You can delve deeper into its features and advantages by referring to our earlier blog post titled [Arbitrage Trading: 3 Reliable Apps for Affordable Cross-Border Money Transfers in Africa].

The game plan revolves around apps like “Send App,” which enables you to purchase USDT from Kenyan sellers on trading platforms like Binance, among others. For this blog post, our primary focus is on engaging with Kenyan traders on Binance.

Doing the Math

Let’s break down the numbers for clarity. On Binance, $1 USD is currently trading for 150KES. Given the prevailing exchange rate, 150KES translates to approximately 772.96 Naira as of the time of this writing. The same $1 is currently trading at 1010NGN as mentioned above. This means that if you seize the opportunity to purchase $100 USD from Kenyan resellers on Binance, your potential earnings could soar to an impressive 40,000 Naira in profits.

Send App by Flutterwave, move <a href= money across borders” width=”216″ height=”492″ />

Still skeptical? We encourage you to download the app and experience the potential for yourself. Additionally, to ensure that you’re equipped with all the knowledge you need, we’ve prepared a comprehensive video tutorial, which you can watch below

Continuous Exploration and Growth

This venture holds incredible potential for those approaching it with the right strategy and mindset. Be sure to stay tuned for our forthcoming blog posts, where we’ll give you good updates and additional apps and strategies designed to further elevate your earnings. At TSB, our mission is to provide you with invaluable insights, so don’t forget to regularly check our blog for the latest updates.

Our commitment is to keep complex concepts simple and accessible. Just as you’ve experienced in this blog post, we’ll help you with practical advice for real-world success—no jargon, just actionable steps toward your financial goals.