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Make Money Without Cards: Arbitrage Explained
42sReveals a simple method to profit from cryptocurrency price differences without needing a credit card.
▶ Play ClipAI Summary
This video presents a cryptocurrency arbitrage method where Litecoin is bought on Bybit at a lower price and sold on the BEF (bebfi.com) exchange for profit, without using cards. The creator demonstrates a step-by-step process, claiming an average profit of 10% per cycle, and emphasizes the simplicity and accessibility of the scheme.
Chapters
[00:03]
Arbitrage Without Cards
The video introduces a method to make money through arbitrage by buying cryptocurrency on one exchange and selling it on another, without needing cards.
[00:16]
Litecoin Arbitrage Example
The scheme involves buying Litecoin at a lower price on Bybit and selling it at a higher price on BEF. The price difference is about 10%.
[00:42]
Purchasing Litecoin on Bybit
Litecoin is purchased for USDT on the spot market. Example uses $10,000.
[01:23]
BEF Platform Overview
BEF is developed by an Asian team, partners with Bloomberg, Coinbase, and is listed on CoinMarketCap, indicating reliability.
[01:52]
Deposit Litecoin to BEF
After registration (no KYC required), copy wallet address from BEF deposit section and paste into Bybit withdrawal.
[02:24]
Swap Litecoin to USDT
Once coins arrive on BEF, swap Litecoin to USDT via the SWAP tab for instant conversion, yielding over $1,000 profit.
[02:52]
Withdraw USDT Back to Bybit
Send USDT from BEF to Bybit using TRC20 network (fast, low fee of 1 USDT).
[03:30]
Profit and Caution
The cycle yields ~10% profit. Avoid too many cycles per account to prevent scrutiny.
The video demonstrates a straightforward exchange arbitrage method exploiting price differences between Bybit and BEF, yielding around 10% profit per cycle. The creator advises caution with repeated cycles and emphasizes the informational nature of the content.
Mentioned in this Video
Tutorial Checklist
10
02:52
On BEF, go to withdraw, select USDT, choose TRC20 network, enter amount (commission 1 USDT).
Study Flashcards (10)
What is the average profit percentage per cycle according to the video?
easy
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What is the average profit percentage per cycle according to the video?
easy
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About 10%.
00:42
Which cryptocurrency is used for arbitrage in the example?
easy
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Which cryptocurrency is used for arbitrage in the example?
easy
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Litecoin (LTC).
00:16
Name the two exchanges used in the arbitrage scheme.
easy
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Name the two exchanges used in the arbitrage scheme.
easy
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Bybit and BEF (bebfi.com).
00:16
Is KYC verification required on BEF for deposit and withdrawal?
medium
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Is KYC verification required on BEF for deposit and withdrawal?
medium
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No, it is not required.
01:52
Which network is recommended for USDT withdrawal on BEF?
easy
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Which network is recommended for USDT withdrawal on BEF?
easy
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TRC20.
02:52
What is the withdrawal fee for USDT on BEF?
medium
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What is the withdrawal fee for USDT on BEF?
medium
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1 USDT.
03:07
Why should users avoid doing too many cycles from the same account?
medium
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Why should users avoid doing too many cycles from the same account?
medium
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To avoid unnecessary attention and possible checks.
03:30
What is the purpose of using the SWAP tab on BEF?
medium
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What is the purpose of using the SWAP tab on BEF?
medium
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To exchange Litecoin to USDT instantly.
02:37
Which platforms are mentioned as partners of BEF?
hard
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Which platforms are mentioned as partners of BEF?
hard
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Bloomberg and Coinbase.
01:23
What is the example investment amount used in the video?
easy
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What is the example investment amount used in the video?
easy
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$10,000.
00:42
💡 Key Takeaways
💡
Arbitrage Without Cards
Introduces a card-free arbitrage method, making it accessible to many users.
00:03
📊
10% Profit Per Cycle
Demonstrates a concrete profit percentage achievable in a single arbitrage cycle.
00:42
📊
BEF Platform Credibility
Mentions partnerships with Bloomberg and Coinbase to establish trust.
01:23
🔧
Avoid Repeated Cycles
Advises against overusing the same account to evade scrutiny, a practical risk management tip.
03:30Full Transcript
[00:03] make money through arbitrage without cards and why it's easier than it seems. Everything will be as simple as possible here. And I also give as many examples as possible. That is, we buy cryptocurrency on one exchange and sell it on another.
[00:16] We will analyze it in detail right now. Our scheme is based on buying Lightcoin at a lower price and then selling it at a more favorable rate. As an example, I will use the BYBIT exchange. However, you can choose any crypto exchange or
[00:28] wallet that is convenient for you. First, check the current price of Litecoin on Bybit, then go to bebfi.com. You can see that the price of the coin on this platform is higher than on Bybit. On average,
[00:42] the difference reaches about 10%. Next, we proceed to purchasing Litecoin. In this example, coins are purchased for USDT on the spot market. For clarity, let's consider the amount of 10,000 dollars. Open the assets section and then
[00:57] go to the single trading account. Find Lcoin in the list of assets and click the transfer button. We select the entire available balance and confirm the transaction. Let's open the financing section. Select Lcoin again and
[01:10] click withdraw. As you can see, the funds are already in the funding wallet balance. Now we move on to the BIPF platform. BIP is a developed by a team of specialists from
[01:23] Asia. The platform collaborates with well-known companies and large projects, including Bloomberg, Coinbase, and a number of other partners. The exchange has been operating for about a year and during this time has managed to gain the trust of a large number of users. One of the
[01:35] key advantages is BEF's presence on Coinmarket Cap, which guaranteed confirmation of the platform's reliability. Now you can proceed to registering a new account.
[01:52] undergo KYC verification, but it is not required for depositing and withdrawing funds . So, go to the deposit section, select Litecoin, and copy the wallet address. Then we return to BYBIT, paste the address, select the
[02:05] LTC network, enter the required amount and click confirm. After the transaction is confirmed, the funds are sent to the befi. We return to the profile and wait for the crediting. Typically it only takes a few minutes.
[02:24] Soon the coins will appear on your balance. The next step is to exchange Lcoin to USDT. This can be done through the spot market, but it is more convenient to use the SWAP tab. Select the Litecoin USDT trading pair and specify the
[02:37] entire available volume. As you can see, the profit is already more than $1,000, which gives about 10% return per cycle. We confirm the operation, and it is executed instantly. Next, open the wallet and go to the Withdraw section.
[02:52] We select USDT and the TRC20 network. She is the fastest. Now you will need a withdrawal address. On BYBIT, go to the assets and financing section. Opposite USDT, click deposit. Select the TRC20 network and copy the wallet address. We insert the address.
[03:07] We indicate the amount to be transferred. The commission is only one USDT. Click withdraw. The application has been generated. Transaction sent. Checking the transaction history. sent. Checking the transaction history. Refreshing the page.
[03:30] $10,000, it was possible to make a profit of approximately 10% in one cycle. circles per account to avoid unnecessary attention and possible checks. It is important to note that this is not a call to action and is not considered a
[03:45] All information provided is for informational purposes only and is based on personal experience. If you have any questions, you can write to me on Telegram using the contacts listed
[03:57] using this scheme in the comments. Thank you for your attention. I wish you the comments. Thank you for your attention. I wish you success and see you soon.
