How to earn Bitcoin? Earning Bitcoins is now more relevant than ever. This section contains step-by-step instructions on how to earn Bitcoin from scratch. Bitcoin is the most profitable way to invest money today. It’s no joke, in 2017 the Bitcoin rate increased more than sixteen times, from $970 in January to $16,600 in December. Many crypto enthusiasts simply do not know how to start making money on Bitcoin from scratch, and they also believe that it is too late to enter this market. But these are completely wrong assumptions! Bitcoin is developed on the basis of innovative Blockchain technology, which is in great demand in the world. Investors believe in Bitcoin and are ready to invest and invest entire fortunes in the first cryptocurrency. Bitcoin is capable of replacing the financial system we know in the future; sooner or later every progressive person will start using this coin. In the article you will find answers to the following questions: “What is Bitcoin”, “How to start earning Bitcoins on the Internet”, “How to make money on the difference in Bitcoin rates”, “What are the reviews about earning Bitcoins”, “How can you earn Bitcoins at home”, “Where earn Bitcoins”, “How to make money on Bitcoins with investments” and “How to buy, trade on the exchange and withdraw Bitcoin”. You can buy Bitcoin as quickly and easily as possible on the reliable cryptocurrency exchange Binance:

The biggest income from the growth of the Bitcoin rate can be learned by trading on the stock exchange. Binary options broker Binomo offers an excellent trading platform for making money on Bitcoin. To earn money, you do not need to have special skills or study stock trading tools. You just need to predict whether the Bitcoin rate will fall or rise during the selected time interval. Binary options are much simpler than Forex trading and much more profitable. You can get up to 80% profit in one trade. The broker credits all new traders with 10 thousand dollars to a demo account, which will help you learn binary options trading completely free of charge. In my opinion, Binomo is the best trading platform for earning Bitcoins today. For a detailed review of the broker, see. Click on the banner below to register on Binomo and start earning money on Bitcoin:

How to start making money on Bitcoins from scratch. Many newcomers to the crypto industry do not know where to start making money on Bitcoin. The first step is to study Bitcoin itself and understand what prospects are inherent in this coin. This section contains a lot of useful information; at the beginning of the article there are links to useful articles that analyze in detail the mechanism of Bitcoin and everything connected with it. Be sure to study all these articles, so you will have a clear understanding of how to make money on Bitcoins from scratch. After studying the background information, of course we need to buy Bitcoin. Without the coin itself, you won’t be able to make money. This is the first point from which you start making money on Bitcoin.
How to buy Bitcoin. The procedure for purchasing Bitcoin is quite simple. But beginners may have difficulties. Especially for beginners, we have written a detailed manual “”. There are two ways to buy Bitcoin at a favorable rate: through the BestChange service or on the Binance exchange. Buying BTC on the exchange is more profitable. It is possible to deposit rubles, dollars or euros on the exchange from a bank card and popular payment systems (Payeer, WebMoney, Perfect Money, Advanced Cash, QIWI). Then you instantly exchange this money for Bitcoins inside the exchange itself. The exchange is the most convenient, fastest and easiest way to buy Bitcoin profitably. After an investor has bought Bitcoin on an exchange, he either begins to trade on it, or transfers Bitcoin to his wallet if he plans to simply store it.

Investing in Bitcoin

To make money by investing in Bitcoins, you need to choose a reliable crypto exchange and master the basic rules of trading on it. As I said earlier, Binance is the best exchange for trading Bitcoins, I recommend everyone to invest in Bitcoin through this trading platform. After purchasing Bitcoin, you have two options: store it for months or even years, increasing your funds due to the constant increase in the value of the coin, or trade Bitcoin on an exchange.

The choice is up to the investor. If you have chosen to increase your money over the long term, we have already discussed reliable ways to store Bitcoin. If you want to trade Bitcoin, which I recommend you do, then read the article “”. Here you will find detailed information on how to make money on the Bitcoin exchange rate, learn profitable Bitcoin trading strategies, understand how to use tools for technical and fundamental analysis of the crypto market, and much more.

The audience of this blog is Russian-speaking, so I am constantly asked how to earn a lot of bitcoins in Russia, Ukraine, Belarus, Kazakhstan and other CIS countries. In principle, it does not matter what country you live in and what language you speak. Bitcoin can be used anywhere in the world, all you need is an Internet connection. The process of earning Bitcoin is the same in all countries, and this process is described in detail in this section.

The only thing I would like to clarify regarding this topic is the choice of Bitcoin exchange for trading. The exchange should be focused on Russian-speaking traders. There are many popular American, European or Chinese exchanges with high trading volume and good reputation. But all of them do not support the Russian language, which complicates the trading process, they require you to go through a complex verification procedure, documents for which are very difficult to obtain in CIS countries, technical support does not answer questions, and in general there are many cases of groundless account blocking. This is why I recommend trading on Binance, it is the ideal exchange for Russian-speaking traders.

Ways to make money on Bitcoin

1) Investing in Bitcoin. We have already discussed how to make money on Bitcoins with investments above in this article, I see no point in repeating it.

2) How to make money on Bitcoins without investments. Many novice crypto enthusiasts want to earn Bitcoin easily and for free. This possibility exists. You can earn free Bitcoins using your computer through various services. Basically, these are the so-called faucets and Bitcoin boxes. The essence of earning money is simple: you enter a captcha and view ads on these services, and receive a reward in the form of BTC. You won’t earn much this way, but taking into account the fact that Bitcoin always rises in price, if you don’t spend your wages, the amount of earnings will increase over time.

How to make money on Bitcoin faucets and boxes without investments, read.

Just below you can find a table with all the reliable faucets. I recommend collecting satoshi from all faucets, so you can earn the maximum. Explanation of the table: project – name of the crane; distribution – the name of the cryptocurrency that is distributed on a specific faucet; interval – time after which cryptocurrency can be collected; satoshi – earnings in satoshi; payments – which wallet the faucet pays to. The faucets are sorted by profitability, the very first faucet in the list is the most profitable. Most faucets distribute free cryptocurrency once every five minutes, that is, you can earn cryptocurrency without interruption. Add this page to your bookmarks, come here as soon as you have free time and earn cryptocurrency on all the faucets presented in the table (also, under the table there is a detailed video lesson explaining how to earn Bitcoin without investments):

Project	Giveaway	Interval	Satoshi	Payments
FreeBitcoin	Bitcoin	60 min	22 — 2158664	Binance
FreeDogecoin	Dogecoin	60 min	0.15-26000	Exmo
BonusBitcoin	Bitcoin	15 min	18-5000
BitFun	Bitcoin	5 min	10-5000
MoonBitcoin	Bitcoin	5 min	10-40
MoonBitcoinCash	BitcoinCash	5 min	50
MoonDogecoin	Dogecoin	5 min	0.35-4
MoonLitecoin	Litecoin	5 min	600
MoonDashcoin	Dashcoin	5 min	120
adBTC (books)	Bitcoin	axle boxes	~2000+/day	Binance
BTCClicks (books)	Bitcoin	axle boxes	~600+/day	Binance
FreeBitcoinIO	Bitcoin	60 min	8-4617864	Binance
CoinFaucet	Ripple	60 min	0.0003-350	Bitcoin	60 min	10-1000	Binance

It becomes more relevant every year. Today it is not only a payment instrument, but also means of savings and investment.

Before considering the question of how to start making money on cryptocurrency, it is worth defining it.

Cryptocurrency is electronic money that is not physically expressed, does not have a specific center of issue, is reliably protected from counterfeiting by a cryptographic code and is anonymous.

The history of the crypto industry began with the appearance in 2008 of the first electronic coin of this type - Bitcoin.

To work with any type of crypto coins, the user must create a special wallet. It is available both offline and through online services. In the first case, you will need to install special software on your computer with a full download of the blockchain, or use third-party sources to obtain crypto network information. When using online wallets, the user will have access to them from any device connected to the Internet.

Benefits of Cryptocurrency

• High degree of protection;
• Versatility and independence. Transactions not controlled by anything, there is no body that could regulate its circulation, the network is distributed among all its participants;
• No threat of inflation. Growth in the number of crypto coins limited, when it reaches critical mass it will be stopped;
• Anonymity. To open an account in the cryptosystem for the user no need to provide your personal data. Address generation does not contain information about its owner.

Disadvantages of Cryptocurrency

• Transactions are irreversible. User will not be able to cancel the completed operation, as, for example, in the case of a bank transfer;
• Has no legal status. Legally, the system is not regulated, and many countries that seek to establish total control over their citizens express the need to limit the use or ban of this currency on the territory of their state. According to analysts, such actions by governments will lead to a decrease in rates.

Despite this state of affairs, most experts talk about an optimistic outcome. According to them, the demand for crypto coins will only grow. Therefore, many users today are wondering how and where to earn cryptocurrency on the Internet.

Methods and principles of earning cryptocurrency

Many users who are just starting to get acquainted with electronic money are wondering: is it really possible to make money on cryptocurrency? Growing popularity, high demand, user reviews indicate that it is really possible to make a profit from working with this currency. As in most online areas, there are ways to make money on cryptocurrency with investments and without initial capital:

1. Mining – production of crypto coins. After creating a wallet, you can start generating electronic currency. This method of receiving electronic money has several types: Traditional mining – using special computer equipment (processors, video cards, ASICs) and software. Often, to achieve a goal, miners join pool groups to combine the power of their devices. The reward in the form of received crypto coins is distributed among the participants according to the invested funds. Many beginners studying this issue are interested in what earnings will be per month or per night. The level of income depends on the initial investment in hardware, its power, absence of failures, and the rate of mined crypto coins. Cloud mining – using online services. An excellent option for beginners because it does not require installation and maintenance of mining devices or paying expensive electricity bills. The user just needs to enter into a contract with a company that has its own data farm and pay for the desired capacity package. The most important thing in cloud mining is to choose the right service to work with. A reliable project, registration in which is carried out for the purpose of acquiring capacity for mining cryptocoins, must, at a minimum, have real equipment, have a registered company and location address.
2. Cryptocurrency exchange– as a way to make money online in 2019, it is becoming increasingly popular among users. The process itself is called arbitration. The bottom line is to buy cheaper, sell more expensive, making a profit due to the difference in rates. For their work, arbitrageurs use special electronic platforms - exchanges. Before investing and entering the market it is important to study strategies for making money on cryptocurrency. Many users use special software that helps them track rates.
3. Cryptocurrency faucets. There are special projects on the network that distribute Satoshi. To earn cryptocurrency for free, the user just needs to go through standard registration, indicate his Bitcoin wallet and collect crypto coins after a set period of time by solving a captcha.
4. Freelancing and active advertising services– for performing remote work and simple actions on the Internet, in addition to traditional money, you can also receive crypto coins.
5. Online games and casinos– also allow you to receive cryptocurrency. Often, such sites for making money provide a bonus that you can use to start and earn money without investment. But, as a rule, in order to withdraw the income received, the user will still have to top up the deposit with his own transaction.
6. Investment– opening deposits in the currency in question today also allows you to earn a good income. Therefore, the topic of investing in cryptocurrency is becoming increasingly popular. Many HYIP projects accept deposits in cryptocoins. If you want to get a good profit, it is important remember the high risks with similar high-income programs. Users simply invest in certain types of cryptocoins, store them in their wallets, and if the rate exceeds the rate, exchange them again for fiat (traditional) currency.

Types of crypto coins

Today in the world there is several hundred types of cryptocurrency. The first and most popular today is Bitcoin. All other cryptocurrencies are his altcoins (derivatives created using his algorithm). But not all crypto coins are in great demand. Below is a list of ten current currencies for 2019:

Here you can also find information about the exchange rate of crypto coins in relation to the dollar and Bitcoin, the date of appearance on the market, and the exchange volume for 24 hours. By studying the chart data, you can understand which cryptocurrency you can make better and faster money on today.

Crypto coin rates do not depend on the political situation; they are influenced only by economic concepts such as supply and demand.

Below are graphs of today's popular crypto coins. The top graph is the movement over the year, the bottom graph is for the entire time you have been on the market.

1. Bitcoin (BTC)
   BTC dynamics
2. 
   ETH dynamics
3. Litecoin (LTC)
   Dynamics of LTC
4. Dash (DASH)
   Dynamics of DASH
5. Ripple (XRP)
   XRP dynamics
6. Ethereum Classic (ETC)
   ETC dynamics
7. Monero (XMR)
   XMR dynamics
8. Cardano (ADA)
   Dynamics of ADA
9. EOS (EOS)
   EOS dynamics
10. NEO (NEO)
    Dynamics of NEO

As can be seen from the graphs, some types have been on the market for less than a year, but are already rapidly gaining popularity and demand among users.

Many novice miners are interested in how they can earn cryptocurrency on their home computers or laptops. It is worth noting that Bitcoin mining on traditional devices is a thing of the past. Today, to mine these crypto coins, you need to purchase special devices - ASICs. But popular altcoins, for example, Litecoin or Dash, you can try mining on video cards.

At the moment, there are several types of earning cryptocurrency. You can receive crypto coins without investments, and after accumulating a certain amount, invest them in cloud mining to increase capital. To quickly make money on cryptocurrency, you will need financial investments.

There are several dozen large exchanges, but each of them has different rates for buying and selling the same cryptocurrency. What is this connected with, and how can you make money on the difference in cryptocurrency rates?

How the price is formed on the stock exchange

On large cryptocurrency exchanges, as well as on stock, futures and other financial markets, the price is formed depending on supply and demand. The more market participants want to buy an asset (in this case, Bitcoin, or another cryptocurrency), the higher its value will be. The price will remain until the requests of all buyers are satisfied.

After this, a correction may occur when some sellers, not having time to sell their assets during the rush period, begin to reduce the price and offer bitcoins cheaper. Until they are all sold out, the price will gradually decrease.

Every exchange has a market depth. Most often, it looks like a global information table in which all proposals for the purchase or sale of assets are entered.

Depth of Market on the WEX cryptocurrency exchange

The market price is the lowest price that sellers offer and the highest price that buyers are willing to pay. Most often, there is some difference between these quotes, which is called a spread.

Why do rates differ on different exchanges?

The difference in the price of the same asset (for example, Bitcoin) on different exchanges is explained by the fact that each market has its own sellers and buyers who pursue different goals. Some of the participants want to purchase bitcoins in order to make an urgent payment, so they are ready to purchase cryptocurrency right now, at any price. Someone wants to stock up on digital currency for long-term investment - and he expects a favorable rate for himself. And they are all willing to pay different amounts (or require different fees). Therefore, it is not uncommon for one of the sellers on the exchange to offer bitcoin for $3,600, while on the EXMO exchange another participant is willing to pay $3,800 for this asset. And the most interesting thing is that no one on EXMO is in a hurry to satisfy his demand - there sellers want at least $3,850 for their “product.”

It would seem that what is stopping some speculator from buying BTC for 3600 USD on BTC-e and selling it for 3800 on EXMO, thereby creating the necessary liquidity on the exchange and, at the same time, earning good money. This option is possible, but there are many obstacles, first of all, the timing of deposits and withdrawals of funds, as well as commissions of exchanges and payment systems. Payment systems (for example, Payeer, PerfectMoney or OkPay) make it possible to deposit fiat (regular money) on the exchange or withdraw it, but they also charge a commission for this. Therefore, few people engage in such trading, and the difference in rates on exchanges still remains relevant. However, such earnings are quite possible. It's called "arbitration".

Arbitration on cryptocurrency exchanges, or how to make money on the difference in rates

In order to successfully make money on the difference in Bitcoin rates on cryptocurrency exchanges, you need to adhere to the following algorithm:

• Find two exchanges with the maximum difference in quotes (in fact, this stage is the simplest);
• Calculate the commissions of both exchanges for depositing and withdrawing funds (for the first - for depositing fiat and withdrawing bitcoin, for the second - vice versa), as well as commissions of payment systems;
• Calculate the optimal investment amount, the profit from the turnover of which will cover the commission at least three times;

When performing a transaction, you need to take into account the maximum terms for depositing and withdrawing funds on exchanges. The most important thing is to make sure that the transfer of the Bitcoin code from one exchange to another takes place within one day.

For example, on the BTC-e exchange you can buy Bitcoin for $3,700, and on EXMO someone is ready to buy it for $4,100. You must first deposit dollars on BTC-e (commission is about 1%, depending on the system), buy BTC ( commission 0.2%), transfer to EXMO (another minus 0.001 BTC), exchange for dollars (-0.2%). And then transfer the dollars again to the card or account (1% commission). According to rough estimates, the profit from such an operation will be $300, but this is if the exchange rate does not change during the transfers.

The timing of deposits and withdrawals of funds, as well as transfers between exchanges, is the main difficulty for such speculation. If you buy Bitcoin in a downward trend, then during the transfer of cryptocurrency from one exchange to another, even the most favorable selling rate may turn out to be significantly lower than the price at which the asset was purchased on another crypto market. Therefore, before engaging in arbitrage, you need to make sure that the market is calm and there are no plans to release important news or other events that could seriously affect the exchange rate in the coming days.

Content:

The digital coin exchange is gaining momentum every day. Following Bitcoin, other cryptocurrencies began to appear and develop, of which there are now so many that one can get confused. Everyone is trying to make money mainly from the growth of currencies, but not everyone knows how to make money from the difference in rates of cryptocurrency exchanges. This is the so-called earnings from arbitrage trading.

Why do there be differences in exchange rates?

There are many factors influencing the occurrence of differences in exchange rates, but we will list only the main ones:

Complete decentralization of digital money exchanges.

According to general statistics, nowadays there are already more than 300 crypto exchanges, which belong to different owners. The exchange rate price of a particular coin is determined by the constantly changing supply and demand of traders on different exchanges. Accordingly, this leads to a discrepancy in the cost of crypto for different exchanges.

This will continue for several more years, and then over time the difference will balance out and will no longer be so significant. But while it fluctuates on average around 3%, and sometimes reaches 8-10%, it would be a sin not to take the chance and make money on it.

Delays in the execution of transactions.

This is one of the main reasons why the prices of crypto coins vary greatly between different exchanges. It often happens that there are restrictions on the issuance of cryptocurrency, that is, there are simply not enough of them to carry out operations: growth can be artificially inflated or underestimated in relation to the total market value. This is what some speculators take advantage of, who know how to make money on the difference between cryptocurrencies. This is a chance to make money on intra-exchange arbitrage, since this opportunity does not last long.

Dishonest traders.

It should be remembered that any market must be regulated by some restrictions so as not to provoke panic and collapse. Unfortunately, this is rarely observed on crypto exchanges. This is what rich people take advantage of, who neglect the sales limit for a given currency and provoke sharp temporary jumps beyond the permissible limits. Thus, mistrust among mass investors simply increases.

Of course, if you are an experienced arbitrage speculator, you will not miss this situation and quickly make money on such a rare phenomenon as a sharp rise in prices.

What are the risks?

In addition to the question of how to make money on the difference between cryptocurrencies, we should also mention the risks that may arise here. Since the strategy of making money on crypto-exchange arbitrage requires quick action, a situation may arise such as a sharp jump in price not in your direction. In this case, you will no longer earn money, but will incur a loss.

The risk may arise when the second exchange experiences transaction delays or technical difficulties. This is not a common occurrence and occurs due to overloaded servers.

A large percentage when withdrawing funds to a wallet can also be considered risky. This percentage can often exceed the size of the difference that was formed during arbitration. In this case, the commission will simply gobble up all the profit, and the person will be left without benefit.

But you may even encounter the fact that if you are a citizen of Russia, then on a foreign exchange they may raise the commission for you to withdraw funds. Few people take this into account, but recently this phenomenon has taken place.

Earning Strategies

There is nothing complicated in the stock arbitrage strategy. The difficulty lies in constant monitoring to track the appropriate difference between quotes. Special automated robots are well suited for this purpose and will point to the most suitable exchanges and cryptocurrencies.

Here is one example of how to make money on the difference between cryptocurrencies on exchanges:

The following is an example of two exchanges EXMO and HitBTC:

On EXMO, the Bitcoin rate is now $6,554.

At the same time, the Bitcoin rate on HitBTC is $6,703.93.

The difference in rates is $6703.93 - $6554 = $143.93, that is, $143.93 / $6554*100% = 2.29%.

This difference is not significant for earnings. So, when withdrawing from HitBTC and when transferring from EXMO, the commission will take all the profit. Therefore, to make a profit, the difference must be at least 5%. This is where the difficulty lies: it is necessary to constantly monitor many exchanges, and it will be difficult for an ordinary person to do this without special programs (bots).

To make money on arbitrage successfully, it is recommended to adhere to the following tips:

• It is necessary to choose “fast” crypto assets with fast transaction processing. Bitcoin is not entirely suitable for these purposes, since due to the high demand for it and the large number of transactions, the exchange speed through it is slow. It is necessary to select altcoins, of course, after preliminary monitoring;
• Choose the most suitable exchanges with the best price difference and track them. Next, find out about the nuances of depositing/withdrawing currency, that is, the size of the commission, both within exchanges and between them. Net profit after deducting all commissions must be at least 3%;
• Profit percentage. According to estimates, the maximum commission for all transaction operations can be up to 5%. It won’t be difficult to calculate what the difference in arbitration should be - it’s at least 8%. Less profit is simply not profitable;
• Required starting capital. In order to somehow stay afloat, it is necessary that the amount be at least $300, and preferably at least $1,000. With smaller amounts, you won’t even make much money on ice cream. The larger the amount, the more confidently you can earn;
• Choosing a convenient time to buy/sell. How to make money on the difference in cryptocurrency rates when there is excitement and greatly increased volatility in the market? Of course, this will be a very difficult task. It is best when the market is calmer, only then can you get the desired income from the difference in stock arbitrage.
• Don't withdraw all your money at once. Let the funds spin in arbitrage cyclically. After fixing your income on the second exchange, you can immediately transfer it to the previous one. In this case, you can repeatedly exchange and make a profit while you have the opportunity.
• Trade automation. Manual search takes a lot of effort and time of a person, and the chances of missing out on many profitable transactions are very high. Professionals use special bot programs that simplify the process of finding the right deals and calculate all costs and profits themselves.

Bitcoin, Ethereum, Litecoin, Namecoin – today there are 250 types of cryptocurrencies in the world. For most types, exchange demand is extremely low, so their names mean nothing to consumers. Bitcoin is another matter: for 1 BTC today they give more than 8 thousand dollars.

The situation changes daily, which allows traders to make money on daily changes in the cryptocurrency rate. Earnings can be one-time or permanent, suitable for experienced exchange players and beginners.

What is cryptocurrency?

Cryptocurrency is a new generation of digital money. They came into use relatively recently - no more than 10 years ago, but economists and financial market experts consider them serious competitors to fiat (state) currencies. In the future, it may displace fiat funds from the segment of electronic payments.

The main difference between coins is that they are not backed, like government currencies; the denomination is not guaranteed by the National Bank and other administrative bodies. Simply put, no one sets or maintains the price - it depends on the amount that buyers are willing to pay.

In the virtual environment, there is no printing press that produces bitcoins and controls their quantity. The absence of an official price and linkage to a specific country makes it possible to trade profitably on a cryptocurrency exchange and make good money on the difference in rates. You can buy and sell digital money 24 hours a day.

The main rule of traders

There are 2 good news for dummies:

1. To get started, you don’t need to have tens of thousands of dollars, because BTC is not the only promising type of coin.
2. Beginners still have time to become successful sellers.

There is a pattern in the financial environment: any hype causes increased interest in coins - as a result, the price soars. Once the noise subsides, their value decreases. The trader makes money on the depreciation of the cryptocurrency, buying it at an acceptable price and selling it when it takes off.

How to make money on inter-exchange arbitrage?

Digital money is traded on almost 400 exchanges. It’s no secret that cryptocurrency rates differ on different platforms. In some cases, the difference reaches $100 and allows you to make a profit on arbitrage.

Arbitrage in this case means resale of coins at a better price. Arbitration is classified as:

• Intra-exchange – it is carried out within one financial platform.
• Inter-exchange – transactions are carried out on different platforms.

The scheme is simple. The user buys coins on one exchange at a low price, transfers them to another financial platform, where the cost is higher. There he sells the financial asset and makes a profit. Then you can invest it in the purchase of coins, dollars, euros and withdraw it to your account.

In words it turns out to be easy and profitable, in reality everything is not so rosy, because earnings from the difference in rates between exchanges can result in losses. This is due to the commissions that are charged for depositing and withdrawing funds, purchasing digital money, then selling it, and transferring it between exchanges.

To avoid a negative transaction, you must first calculate the amount of additional costs and then make a decision.

How to make money on intra-exchange arbitrage?

Intra-exchange arbitrage is an income in which all the fees listed above are retained, with the exception of the fee for withdrawing fiat funds.

To begin with, the user registers on the trading platform and tops up his balance. After this, you can proceed to trading.

First you need to choose a suitable money pair. When choosing, it is important to consider its cost and the number of orders. An order is a user request to buy or sell a specific currency. It is important that the price of the currency pair is optimal, and the volume of orders is not less than one.

The next step is to analyze the graphs. They display price changes over a certain time period: 5 minutes, half an hour, once a day. For analysis, it is preferable to use charts with a 30-minute frequency. If the curve moves down most of the time and a downward trend is clearly visible, you can buy a money pair.

To do this, you need to fill out an order and indicate the cryptocurrency rate that suits the trader. The buyer may agree to purchase it at market value. We advise you not to invest more than half of the amount on the exchange balance into a purchase - it is unwise to risk all your funds.

The purchase is followed by filling out a sell order. It must indicate an amount that is 5% or more higher than the face value of the purchase.

The difference is profit. You can withdraw it to an electronic wallet or bank card.

Which platform to choose?

All online trading platforms are divided into two groups:

• Platforms where digital money is exchanged for dollars, euros, rubles and other world currencies.
• Platforms where it is possible to exchange one type of coin for another.

There are hundreds of specialized services on the Internet, but the priority is cooperation with those who enjoy the trust of sellers and buyers from all over the world.

The international exchange EXMO is considered one of the best. It works with BitCoin, Ethereum, DogeCoin, DASH, converts them to USD, EUR, RUR and allows you to withdraw to bank cards and electronic wallets.

The LiveCoin service attracts with its convenient design and Russified menu. It works with 60 types of digital money, including ETH.

The YoBit platform attracts traders of large scale – 300 types of cryptocurrencies are involved in transactions. You can purchase them for rubles and dollars at a favorable rate. It is also convenient that you can quickly withdraw funds to Mastercard and VISA cards.

Any user can make money on the cryptocurrency exchange rate if they have the desire. The rate will go up sooner or later - it’s a matter of time, so the order will be closed, even if the sale price is high.

If a trader has declared a low price, he can cancel it and enter a higher figure in the order.

You can buy, sell, and exchange digital money on specialized exchanges in different variations. According to the experience of successful arbitrageurs, it is best to trade and make profits in American dollars. Its exchange rate ratios are usually more favorable than those of other currency pairs.

Before buying a currency, it is important to assess the intensity of its downward movement. It should be in the range of 10% of the cost per day. If the drop reaches 20% or more, it is better to refrain from buying. A rapid decline in price may indicate a decline in investor confidence in digital money. The trader’s task is to buy cheaper in order to sell more expensive, but not for nothing.