How to make money with money transfers
it has never been easy to make money online because the internet is full of scams hackers, however the if someone wish to make money online has to consider some possibilities and the right approach is better. in this post we discover how to make money using the very money transfer methods we been using online and offline.
the following are some of the money transfer systems commonly used in most countries:
1.
airtel mobile money
2
. mtn mobile money
3.
western union money transfer
4.
bank
Today we are going to see how to make money online using any and or all of the above money transfer system(s), now lets dive into explaining a bit about these companies and how we can leverage from them. Airrtel and Mtn are local network providers in most countries around the world but you can also use these companies to send and receive money to friends and family wherever they access to these services worldwide.
With a minimum of $0.2 you can send money to any person anywhere.
Western union is one of the giant money transfers that operates world wide it is an old company with a good reputation. With a minimum of $1.5 you can send money to any person anywhere in the world, the commissions are charged depending to where you are sending from for more info you can find out from your nearest western union office. you can also check most banks where they offer money transfer through western union and direct money transfer to your bank account.
What you can do to make money with these money transfers
There is a site online called
localcryptos, this is a platform which allows a peer to peer digital and cash money exchange. Bitcoin is the most traded crypto currency followed by ethereum, the market rate for bitcoin is now about $10330 and about $400 ethereum. A number of people online have problems to change their digital money into cash money however this is as a result of not having information because theres so many sites online that renders solution to such problems and one of which is
localcryptos, a site that has a peer to peer digital/cash money exchange. If you are having a similar issue to withdraw your money making it tangible then let us considers
localcryptos together.
How to make money on localcryptos
Localcryptos has a powerful security feature for your btc and eth coins because peer to peer to money exchange online is not allows safe the fact that some people are not trustworthy when it concerns money transactions.
Security factors
1. You can open a trade with not more than what you have in your wallet
2. When a trade is opened the seller first puts the money in escow account and only release when the buyer pays the seller
3. You cannot sale crypto to any person in this platform before you deposit funds into your btc/eth wallet.
4. money freezes and goes back to escow account if there is a payment dispute between the seller and the buyer
5. Arbitrator comes in to solve the dispute and banns the cowered
How to be a trader on localcryptos
Now after you deposit funds in your preferred wallet you will then have to open an order or offer with any of and or all of the local money transfers present in your country e.g airtel, mtn western union bank etc. check the market price for your crypto; btc is $10,300 then decide how much profit you will make from each successful trade per say we do what we call buy low and sale high meaning if btc is at 10,300 then you can buy it maybe 10% less ($10,300 – $1030 = can buy it at $9270) then you sale it 10% high ($10,300 + $1030 = sale it at 11,330) using any of the money transfer you choose as payment methods. So you can see that the first round of this trade gives you $2060 minus sending fees atleast you have above $2000 profit for a full trade you transact. Remember to open two offers; one for buying at low at least not more than 10% and the second for selling at high again not more than 10% profit this can help you do business fast.
Note; don't release escow before you confirm payments do this to safe guard your funds. Please let me know your thoughts about this simple tactic.
Similar sites
Localbitcoin.com/ trade bitcoin(BTC)
Bitcoin.com.local/ trade bitcash (BCH)
