Hidden profit in crypto: step-by-step arbitrage guide with LTC

1. Create an account on an exchange

You need to have an account on binance.com or another major cryptocurrency exchange. If you don’t have an account, you can sign up at binance.com.

2. Deposit your balance

To get started, you need to deposit funds into your account. There are three ways to do this:

  • Buy cryptocurrency directly from Binance

  • Buy through a P2P platform

  • Make a deposit with cryptocurrency you already own

Detailed instructions for depositing funds are available on Binance.

3. Go to the Spot trading section

After depositing your balance, go to the Trade → Spot section and find the LTC/USDT trading pair.

4. Compare the LTC price

Pay attention to the current Litecoin price on Binance, then register on lebitex.com. Check the LTC price there and compare it with the price on Binance.

5. Take advantage of the price difference

When you see a difference between prices, you can profit from this opportunity. Go back to Binance, buy Litecoin with your entire balance, and transfer the LTC to your lebitex.com account to benefit from the price gap.

Use the “withdraw” function to transfer your LTC.

6. Sell Litecoin on Lebitex and withdraw your earnings
After your Litecoin arrives from Binance to your lebitex.com account, go to the Spot Trading section and sell LTC at a higher price. Withdraw the USDT you receive back to Binance and repeat the process.