SPONSORED | Future Forex answers FAQs about this low-risk, high-yield investment option
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Crypto arbitrage can help local investors take full advantage of their annual R11m foreign exchange allowance — without needing to have access to R11m of assets Every South African is given an asset of having R11m to take out of the country. The vast majority allow this to expire worthless each year. Crypto arbitrage simply allows you to monetise this asset each yearCrypto arbitrage has shown itself to be completely uncorrelated with the returns of a direct investment in crypto currencies like BTC, or indeed the stock market, as returns solely depend on the price difference of crypto currencies in SA compared to abroad,” says Scherzer.
With an initial client investment of R200,000 on January 1 2021, Future Forex outperforms these options, steadily growing to R550,110 at the start of June 2022. either the crypto price or the currency moves sharply while the trade is under way, which can take several hours. Say the price of BTC drops before you are able to sell in SA, effectively leaving you with no profit margin. Or if the US dollar-rand exchange rate dropped while in the middle of a trade, your BTC would be worth less in rand.
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