Arbitrage Service
What's the Margin?
The Arbitrage has historically been trading at an average premium of over 4%.
What's My Risk?
There is an extremely low risk of loss.
What is the minimum investment?
The minimum capital investment is R100 000.
How it works
The process
The Arbitrage Service exploits the mismatch in cryptocurrency prices locally and abroad. The prices of BTC have traded at over 4% higher in South Africa when compared to prices in the US. The Arbitrage uses each individuals Single Discretionary Allowance of R1 million per annum exploit this Arbitrage margin. Thus, take your initial investment and loop your money through until we hit the R1 million mark. Higher net worth individuals can apply for a Foreign Investment Allowance of up to R10 million.
We partner with OVEX, South Africa’s 2nd Largest Cryptocurrency platform as well as various registered Forex FSPs and banks to make this service possible.
“Strategy without tactics is the slowest route to victory.
Tactics without strategy is the noise before defeat.”
Where does your money go?
The Steps
Deposit ZAR
- The client deposits ZAR into their OVEX account
Convert ZAR to USD
- A Forex Account is created for the client through a registered Forex dealer. Through one of our FSPs, trades are executed on behalf of the client
USD is sent Overseas, Crypto is purchased
- The USD is now sent out of the country and cryptocurrency is bought at the lower USD price
Crypto is sent back to SA, Crypto is sold
- Crypto is sold in South Africa at the higher ZAR price and profits are made