A few weeks ago, CoinBase announced that they would start processing Etheruem Classic transactions. This lead to something called Crypto Exchange Arbitrage. A short-term spike in the coin’s value, which smart traders pounced up.

They bought Etheruem Classic on other exchanges, knowing it’s value would soar once CoinBase accepted it.

And they were right.

Prices rose from about $9 a coin all the way to $13.

These were quick, easy profits.

As simple as pressing two buttons.

If you’d like to profit off the next event like this, read on. Because I’m about to show you a powerful technique for capitalizing on Crypto Exchange Arbitrage.

Here’s everything you need to know.

What Is Crypto Exchange Arbitrage?

You might be wondering what the term “arbitrage” means. It’s basically a price difference between. In this case, Etheruem Classic is worth $10 each before it’s listing on CoinBase. Once it’s sold there, the value rises to $13.

I’ll explain.

The price jumped because it’s getting sold on a bigger, more prominent market.

So, if you bought on a different exchange before the CoinBase launch, your Etheruem Classic instantly goes up in value

Key Details To Watch

When it comes to Crypto, there’s a lot of noise and confusion. People hype all sorts of coins and tokens, many of which go nowhere.

You’ll often see “insights” like:

The 193rd largest Crypto Exchange in Costa Rica just listed BeepBit Token. Pour all your money into it now!

Don’t do this.

Instead, pick coins which are about to gain widespread exposure to the largest amount of investors possible.

Personally, I recommend only investing in Crypto Currencies which are expirencing “The CoinBase Effect.” This means they’re getting listed on CoinBase (the biggest exchange in the world), practically guaranteeing they’re prices go up.

Every Crypto that CoinBase lists has a brief spike in value. This is because it’s hitting the mainstream and is about to get tons of exposure.

As far as safe bets go, this is one of the best.

Best Alternative To CoinBase

(Ethereum Classic Rose From The Dip Once CoinBase Listed It)

Since the value spike happens before CoinBase lists it’s new Crypto, you need to buy your coins on another exchange.

There are tons of them out there, but Robinhood is my personal favorite.

It’s a free investment app for both stocks and Crypto. Plus, they offer commission free trading on all transactions.

Do your homework, set up a limit order (here’s a guide), and enjoy your easy gains.

Closing Thoughts

Crypto Exchange Arbitrage is a one-time deal for most Coins. When they hit a “big league” market, their value increases.

So, if you pay attention and plan ahead, this is an easy event to profit from.

Because of this, I recommend opening a Robinhood Crypto account in addition to using CoinBase.

Doing so gives you a backup exchange, letting you scoop up whatever assets CoinBase decides to list next. It’s an easy way to earn extra cash whenever a new currency gets added.

P.S. Not only is Robinhood Crypto a fantastic tool for investing, but they also offer a generous welcome bonus. You’ll receive one free stock when you sign up through this referral link.