UPDATE: The PROMO for ARBITRAGE BLUEPRINT will be ending on saturday the 11th.

Prices will go back to initial of 10k from the 14th.More testimonials have been gotten.

Incase you are  interested, you can start between now and saturday for promo price of 5k.Do signify your interest by choosing your convenient start date via email to:

giftcardflip2000@gmail.com

newdetailsoper:
The item we are buying in Nigeria for this arbitrage is an e gift card from a reputable international company and we will be paying in naira at the exchange rate of 410 and they charge you a small fee in naira.

See today price of $100 card in the next post.

Exchange rate of 410 naira to a dollar? What if the exchange rate changes ?

newdetailsoper:



start small.$25 is ok.Then you can go to $100 and above.The higher the amount, the higher the profit but the rate is around 8% per transaction.When you start with $25 at first, you will gain confidence and know your way on escrow service.

Who has ever tried this gift cards arbitrage of a thing? OP Is it guaranteed that someone will buy your giftcards at the time you want them?

Send a message to the Op, get the training. You will learn everything about the market. When to sell and where to sell

quote author=SLOVFO post=108291156]
Who has ever tried this gift cards arbitrage of a thing? OP Is it guaranteed that someone will buy your giftcards at the time you want them?[/quote]

Coolis:
Send a message to the Op, get the training. You will learn everything about the market. When to sell and where to sell

quote author=SLOVFO post=108291156]
Who has ever tried this gift cards arbitrage of a thing? OP Is it guaranteed that someone will buy your giftcards at the time you want them?

Thanks. But you didn't answer my questions. The OP asked us to ask him questions here not to send him an email. When I have gotten answers to the simple questions I asked, I can them go for in-depth training.

SLOVFO:

Exchange rate of 410 naira to a dollar? What if the exchange rate changes ?

The black market also changes and might even move more.

The arbitrage gain is in the gap between the official rate and blacj market rate.

if official rate moves higher, the black market moves too.

SLOVFO:

Who has ever tried this gift cards arbitrage of a thing? OP Is it guaranteed that someone will buy your giftcards at the time you want them?

They are not my giftcards.I am not the one selling them.It is a reputable international company that has a branch in Nigeria that is selling it.It is currently available and my trainees have been buying to rinse and repeat.

SLOVFO:

Who has ever tried this gift cards arbitrage of a thing? OP Is it guaranteed that someone will buy your giftcards at the time you want them?

I did not get your question properly.

Did you mean to ask if a ready buyer will buy the gift card which you bought in Nigeria?

If that is the question, the answer is yes cos u selling at a discount.


Selling at a discount in this scenarior does not mean u lose.



lets assume you bout a $25 card in Nigeria at official rate of 410 naira per dollar.


Now you sell it at 20% to a ready Chinese buyer that intends to use it for shopping.


The Chinese pay you in bitcoin.You get paid $20 bitcoin quantity.


Now check the current black market rate of bitcoin at naira4dollar.com


multiply it by 20.


Please do it yourself and you will see there is a profit after u subtracr the initial expenses.


The good thing of this method is that u can buy more giftcard as you want cos its an item.You not buying dollar tru ur bank card.You only paying naira to buy an international item

newdetailsoper:



I did not get your question properly.

Did you mean to ask if a ready buyer will buy the gift card which you bought in Nigeria?

If that is the question, the answer is yes cos u selling at a discount.


Selling at a discount in this scenarior does not mean u lose.



lets assume you bout a $25 card in Nigeria at official rate of 410 naira per dollar.


Now you sell it at 20% to a ready Chinese buyer that intends to use it for shopping.


The Chinese pay you in bitcoin.You get paid $20 bitcoin quantity.


Now check the current black market rate of bitcoin at naira4dollar.com


multiply it by 20.


Please do it yourself and you will see there is a profit after u subtracr the initial expenses.


The good thing of this method is that u can buy more giftcard as you want cos its an item.You not buying dollar tru ur bank card.You only paying naira to buy an international item

Ok. Thanks

SLOVFO:

Ok. Thanks

You are welcome.

Good morning,

I will be posting something intetesting today.

Please stay tuned.

Alright.


quote author=newdetailsoper post=108311313]Good morning,

I will be posting something intetesting today.

Please stay tuned.[/quote]

Let me explain in details.

This arbitrage method involves 3 stages:

1.Buy  giftcard from a Nigerian company

2. Sell the gc to Chinese or anyone with good pricing. on website A or website B

3. Now sell the bitcoin to a Nigerian on website A or B peer2peer  that will pay in Naira via bank transfer



Stage 1 is straight forward.You need to download an app in Nigeria and buy with it.When you buy it, they send the ecode to your email.


Stage 2:This is the stage that u sell to a Chinese or anyone with better price.either website A or B.

The Chinese on website B currently have the highest rate of 0.8. That is 20% discount.That means you will get 80% in bitcoin of the value of your gc.




An alternative way to sell the gc apart from selling to Chinese is to create an offer on website A e.g at 10% discount.

This is like 0.9 rate which is more than 0.8 of the Chinese.This method alone will get you more profit more than the usual 8% profit per transaction.when you sell to Chinese.







stage 3:This is where you sell the btc that the Chinese gave you to a Nigerian at the high black market rate.

You can sell it in any of these options:

a. In peer to peer on website A

b. In peer to peer on website B



c.To bitcoin exchangers in Nigeria.( e.g naira4dollar.com)


You sell to the one that has the best rate.


The lowest so far you can get in any of the otions is 5% profit in less than 30mins transaction.


Then you do it again as long as you can.

You could do it 5 times a day if you start early.



Here are some of the challenges that might not enable you to rinse and repeat as much as you could:

1. incase the Nigerian website is tempoary busy to process your order or you dont get OTP instantly..It happens once in a while.

2. Incase your Chinese buyer is not online to transact.

That is why it is good to get more than one buyer.I will show you all these.


If you start early, you could rinse 5 times. and repeat in that day.


To do more than that, you need to involve an extra person in you know and form a team so you do it simultaneously with 2 diff accounts or more.That is for those that want to rinse and repeat over 5 times a day.


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itsmolep

For those that intend to start the training now.send me an email: giftcardflip2000@gmail.com .


Please the training is on telegram.The 5k promo for this nairaland thread ends on saturday.

Hello,

Any more questions?

The good thing about this type of arbitrage is that there is no limit so far.You are buying an item with naira so that means can buy as much as you want.



The only issue that arise with it at tikes is the Nigerian factor when network is down on there website for few minutes to hours bit not all the time.This can reduce the rate of rinse and repeat.

I will leave a suggestion on what to do to make rinse and repeat easier.

Hello

blessedchild234:
Hello

Hi

UPDATE:

People have been buying the giftcards and the seller in Nigeria just increased prices a bit and removed charges.It is still profitable.

Trust Nigerians to rush.The seller must be thinking why the surge increase in demand of their cards within a short time.Can you remember the screenshot of the card that i uploaded then, the price has increased a bit and charges removed.


So if you are interested in the training, its time to get in before the whole thing gets saturated.I have more details to show and i am updating the syllabus soon.


price will increase from 5k to 10k soon.So take advantage of it before the promo end on saturday.

SMH, knew they would adjust their price when I saw this thread on here. Biggest profit margin was when we could by for other countries (not usd or eur), now it's only usd.

CupHead:
SMH, knew they would adjust their price when I saw this thread on here. Biggest profit margin was when we could by for other countries (not usd or eur), now it's only usd.

It is still very profitable.I am updating the syllabus.

The thing is: if official exchange rate goes up, the black market also moves too.the profit is in the gap between official and black market rate.

Apart from that, there is a nice strategy to it.

This thing is profitable for Nigerians living in Nigeria.

UPDATE:

For those that have done the training and has started, the seller of the giftcards has increased the price a bit and they canceled service charge.I guess this is due to the frequency that people have been rinsing and repeating since the training started.


It is still very profitable.Please look at the the second option i mentioned on stage 2.Also look at the stage 3 options again and you will see its even more profitable than before.You have not exhausted all the selling options i stated which are: p2p on website 1, p2p on website 2, selling to Nigerian exchangers like naira4dollar, selling locally and selling in bits at higher price.


It is still very profitable and more.

newdetailsoper:



Hi

how do I accertain the availability of the card from the Nigerian site @ a profitable price

newdetailsoper:
UPDATE:

People have been buying the giftcards and the seller in Nigeria just increased prices a bit and removed charges.It is still profitable.

Trust Nigerians to rush.The seller must be thinking why the surge increase in demand of their cards within a short time.Can you remember the screenshot of the card that i uploaded then, the price has increased a bit and charges removed.


So if you are interested in the training, its time to get in before the whole thing gets saturated.I have more details to show and i am updating the syllabus soon.


price will increase from 5k to 10k soon.So take advantage of it before the promo end on saturday.

If the whole thing gets saturated what's the gain of people that joined late, they will lose now.

CupHead:
SMH, knew they would adjust their price when I saw this thread on here. Biggest profit margin was when we could by for other countries (not usd or eur), now it's only usd.

Please which website is that? Can I message you

blessedchild234:
how do I accertain the availability of the card from the Nigerian site @ a profitable price

tell me the card denomination and ill tell you the new price.

Ayoleeboy007:
If the whole thing gets saturated what's the gain of people that joined late, they will lose now.

Saturation here means the seller now can do anyhow since they know people need it seriously and the demand is high.



This wont bring loss necessary but reduce in profit.

zas long as there is a big gap between official rate and black market rate, there is profit.

Imagine you walk into a store and by an item.Then 30 mins later you ho anf buy the same item.Another 30 mins yoi do it.Ypu again repeat.



Now next dau you do the same and anothet new person repeat the patter.Now as days go by others join.



Tell me, dont u think the seller would like tp know why they are suddenly buying the item?


An average naija seller will increase the price and noe order more of that stock.

The increment will only reduce your own profit from before but there is a way to increase it from the other end.


As of today, this arbitrage is still working.


Its better you get in now if only you are interested.


Even me i am about to increasw the training fee from 5k to the initial 10k which i announced.I have decided to upgrade the syllabus.

newdetailsoper:


Saturation here means the seller now can do anyhow since they know people need it seriously and the demand is high.



This wont bring loss necessary but reduce in profit.

zas long as there is a big gap between official rate and black market rate, there is profit.

Do we need id cards for registration on the platforma you will introduce to us, if yes, is voters card or nin slip feasible?

newdetailsoper:


tell me the card denomination and ill tell you the new price.

50$ how soon will i sell off my cards if i create an offer for 10% off in a day.

blessedchild234:
50$ how soon will i sell off my cards if i create an offer for 10% off in a day.

$50 card is now 23155 naira as of today.


i cant tell the exact time you will sell your card im the event uou create your own offer which is different from already dosplayed offers.What i can tell surely is that you woll make more profit creating your own offer than selling to a ready chonese buyer ay 0.8

OP I can show you how to make
This abitrage stuff more profitable
For you in abroad.
But I will charge you only 20k for that .


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