How To Start Dollar Arbitrage in Nigeria 2023
How to start Dollar Arbitrage in Nigeria 2023: Dollars arbitrage is of most profitable business you can start online 2023.
In this article, I’m going to teach process how to start Dollar Arbitrage and how to source dollar at cheap rate.
Before going to processes, let me quickly explain dollars arbitrage and how it works.
What is dollar Abitrage?
Dollar Arbitrage is process of buying dollar from local market at cheap rate and sell at advance market at higher rate.
This simple explain of dollar Arbitrage I can, you can get dollar at low rate from people having dollar and want to change it to Nigeria Naira and sell to platform or peoplr in need of dollars for international business at high rate.
The process of starting dollar Arbitrage involve getting PayPal, Payoneer and grey account.
The method I’m teaching is PayPal and Payoneer dollar Arbitrage, you can use same method to do any currency arbitrage.
To start Dollar Arbitrage you need the following.
• Mobile phone / Laptop
• Internet connection
• PayPal / Payoneer
• Grey.co account.
How To Start Dollar Arbitrage in Nigeria
Follow the below proccedure to start successful dollar Arbitrage in Nigeria.
1: Create PayPal Account or Payoneer Account
but this I’m going to use PayPal account as example.
Create Your PayPal account. Here is quick method to create PayPal account in Nigeria.
Visit PayPal official website via PayPal.com
• Click on Sign up
• Enter Your Email and Password
• Click Next page
• Filled the necessary information
• click on next
• Filled necessary details of your debit card.
• confirm your email address.
That is quick method of creating PayPal account. If you still find hard to create working PayPal account in Nigeria. Contact me using contact us page below this website.
2. Create Grey.co Account
Grey is platform that allow you to exchange dollar to Nigeria currency at black market rate.
Source Your PayPal Funds
Purchase PayPal fund from people selling PayPal Funds at cheap rate and sell at high rate.
How To Source PayPal Fund for Arbitrage
The easiest way to source PayPal Funds is join Group Nigeria freelancers. Many of Nigeria freelancers earn money through Paypal and there are ready to sell.
How To Earn Money with dollar Arbitrage in Nigeria
This last Step of dollar Arbitrage in Nigeria, once you have source of funds your PayPal.
Go straight to Grey.co and create US Account. Once account is ready.
Transfer from Paypal to US account create from grey.co. it take 1 week for Fund to drop in your account.
Once fund drop your account, exchange it to Naira. Thanks you for reading
