Open the official XRP price monitor at XRP-PRICE.US to compare prices across exchanges. Sort by Price from highest to lowest to see where XRP is currently trading at a premium.
Choose the exchange currently showing the highest XRP price. If you don't have an account there yet, create one first.
Buy XRP on a highly liquid exchange that currently offers the lowest price. For example, Binance, Coinbase, or Kraken.
Transfer XRP from the exchange where you bought it to the destination exchange you selected in Step 2.
After XRP is received, go to the Spot market, open the XRP/USDT pair, and sell XRP for USDT. Alternatively, use Swap to convert XRP to USDT or USDC to lock in your profit.
Complete the cycle by withdrawing USDT to your first exchange. Select the correct deposit network, copy the deposit address, then complete the withdrawal.
You bought XRP on a highly liquid exchange at a lower price, found an exchange with a higher price, transferred XRP, and sold into a stablecoin to lock in your profit. To repeat the trade, convert USDT back to XRP on your first exchange, then transfer XRP to the higher price exchange and sell again.
In this lesson, we demonstrated a working, relevant arbitrage strategy that is active right now. If you follow the detailed instructions and practice completing the trading cycle, you will be able to learn quickly and make a profit. Join our weekly briefings to stay up to date with the latest developments, or move on to advanced courses on higher-yield strategies and full automation using API/exchange bots.
AI developer & educator. Binance Partner. Practicing and teaching crypto-arbitrage strategies since 2019.
Author of the Hartman Trading YouTube channel.