Ponzi has ravaged the African online space for a long time now; friendships destroyed, and families separated in the process of looking for a quick-way of making money online without a sustainable business model, yet Africans are not tired of Get-Rich-Schemes that don’t even last beyond 6 months.
Can Ponzi Scheme Kill another Ponzi Scheme?
Who did this to us?
Is Crypto Arbitrage Trading Really profitable?
The Past businesses of the face behind AAS – Afriq Arbitrage System.
Is AAS Legit?
What’s Arbitrage Trading Business all about?
These are some of the areas that this article seeks to address, so relax and enjoy the ride and we take you on a journey of discovery.
What is AAS – Afriq Arbitrage System?
Arbitrage is an investment strategy in which an investor simultaneously buys and sells an asset in different markets to take advantage of a price difference and generate a profit.
While price differences are typically small and short-lived, the returns can be impressive when multiplied by a large volume.
Arbitrage is commonly leveraged by hedge funds and other sophisticated AI systems.
Afriq Arbitrage System (AAS) CEO popularly Known for Promoting Ponzi business in Africa claimed that his new business Afriq Arbitrage System (AAS) built on the blockchain is a DeFi with smart contract protocol.
The promoters of this Afriq Arbitrage System (AAS) gather by the CEO from different states in Nigeria for more than 3months now are using proof of liquidity pool on Binance to deceive prospects, describing the Binance Liquidity pool as a Partnership that exist between Binance and Afriq Arbitrage System (AAS) for the purpose of giving their Business Legitimacy.
Does Binance Liquidity Pool Signify Partnership With Afriq Arbitrage System (AAS)?
The term Liquidity Pool refers to a collection of tokens or digital assets locked in a smart contract that provide essential liquidity to decentralized exchanges.
A liquidity pool is a digital pile of cryptocurrency locked in a smart contract. This results in creating liquidity for faster transactions.
Liquidity is a fundamental part of both the crypto and financial markets.
It is the manner in which assets are converted to cash quickly and efficiently, avoiding drastic price swings.
If an asset is illiquid, it takes a long time before it is converted to cash. You could also face slippage, which is the difference in the price you wanted to sell an asset for vs. the price it actually sold for.
The fact is that Liquidity pools play a large part in creating a liquid decentralized finance (DeFi) system, but that doesn’t mean that the crypto Exchange that offers the Liquidity Pool is part of a project or in partnership.
Binance offering Liquidity Pool to AAS is like a Bank opening account for a company to use for their daily business transactions.
Binance is in no way partnering or responsible for any Profit or loss as a result of engaging with any offer, investment, or trading activities on Afriq Arbitrage System Platform.
If you want to take a risk on Afriq Arbitrage System Platform; you are free, but don’t do it because of the marketing lies from some of the AAS promoters linking Binance with ASS.
What Is Crypto Arbitrage Business Model?
This business model involves buying and selling cryptocurrencies for profit using price differences from different sources.
Crypto arbitrage involves buying a cryptocurrency on one exchange and quickly selling it for a higher price on another exchange.
For crypto day traders, arbitrage may seem like an attractive option, but looks can be deceiving.
In our next article, we’ll examine arbitrage, particularly crypto arbitrage, and examine if profitable crypto arbitrage opportunities actually exist in a large scale or whether traders should be wary of platforms like ASS claiming to be making money from crypto arbitrage trading.
Is There A Face Attached To Afriq Arbitrage System (AAS)?
Yes – Afriq Arbitrage System (AAS) platform is owned by Jesam Michael Ubi from Nigeria; a network marketing professional that has been at the forefront of some of the biggest failed projects like COPTS, D.AI.SY, etc.
Though he was not the owner of those companies that failed, he was one of the Top Leaders making more than N2,000,000 daily before the business disappeared like every other Ponzi business.
What should we expect from Jesam Michael Ubi now that he has decided to be the one in charge of making decisions as the CEO instead of continuing as the promoter?
We must not fail to highlight the fact that Afriq Arbitrage System (AAS) platform has a traceable face to the business as GREEN FLAG – but wait, has any of the owners of Scam businesses in Nigeria or others been traced after the collapse of the Ponzi Business? 🤔
Is Jesam Michael Ubi’s Afriq Arbitrage System (AAS) platform really a Ponzi Killer or his Retirement Plan?
Is Afriq Arbitrage System (AAS) Registered And Regulated In Nigeria?
We all know that CAC Business registration in Nigeria is not a sign of Legitimacy anymore as anyone can or group register any business name in Nigeria as long as they have the registration fee to pay.
promoters of AAS also used other certificates shown below to Justify legitimacy of their business.
None of those certificates guarantees the risk of investing your money or trading on Afriq Arbitrage System (AAS) platform, we have seen lots of Ponzi businesses like IPCAPITAL, COPTS, D.AI.SY, etc, using this same Crypto AI Trading Model with a bunch of Certifications to scam people before. So you can take risks if you are willing to, but don’t do it because of the Certificates
Afriq Arbitrage System (AAS) Web Content Review
There is no Web content at the time of this publication as AAS website was not published.
The aspect of the website released to the public is the domain that the trading Bot is going to be built on: https://afriqjmarbitrage.us
How Afriq Arbitrage System (AAS) Works
A digital currency service platform that uses HF Trading and Algos to auto-buy digital currencies at a low price and sells at higher prices to earn the difference.
We are not here to blacklist any business or tell you that Afriq Arbitrage System (AAS) is a SCAM or Ponzi business, if you want to take the risk like some of my friends; PLEASE USE ONLY YOUR SPARE-CAPITAL.
AAS Arbitrage Trading Robot is designed to execute 21 Successful trades with a daily ROI of 16%
If Crypto Arbitrage was that profitable and sustainable; Jesam Michael Ubi would not even conceive the idea of launching Afriq Arbitrage System (AAS), instead, he will still be earning millions daily from COTPS
Features Of Afriq Arbitrage System (AAS)
— 100% DECENTRALIZED
— 100% BUILT ON THE BLOCKCHAIN
— 100% PROOF OF LIQUIDITY POOL
— 100% SMART CHAIN/ CONTRACT PROTOCOL
— 100% GAIN AND ZERO LOSS
— IT IS BUILT WITH ASI AND HFT TECHNOLOGY
— IT RUNS 24/7 CARRYING OUT 21 TRADES PER DAY ACROSS VARIOUS EXCHANGE
— THE DAILY % IS QUITE EXCELLENT AND INCREASES AS THE COMMUNITY INCREASES
THE HOPE FOR THE GENERAL WORLD, NO MIDDLE MAN, INSTANT WITHDRAWAL. OF ANY AMOUNT.
Afriq Arbitrage System (AAS) Registration Guide
- Immediately After Registration, the First Deposit countdown Timer Will Be Activated automatically for you to fund and activate your newly registered account.
- Your account MUST BE FUNDED WITH A MINIMUM AMOUNT OF 20 USDT TRC-20 IMMEDIATELY AFTER ACCOUNT CREATION, NO DORMANT ACCOUNT ALLOWED.
- Account Top-Up can be done at any time EVEN DURING a TRADING SESSION.
Afriq Arbitrage System (AAS) Withdrawal Guide
- After the end of each 24hrs trading cycle, a 15 Minutes withdrawal period is created for each member depending on when the time of your account Registration and Activation.
- After the withdrawal window, the leftover funds are automatically added to the trading capital for the next trading cycle.
- No withdrawal fee
- $20 or 20 USDT withdrawal Limit
- AAS encourages Compounding
Afriq Arbitrage System (AAS) Compounding Effect
How Sustainable Is Arbitrage Business Model With Fixed ROI?
Arbitrage is one alternative investment strategy that can prove exceptionally profitable when leveraged by a sophisticated AI System. It also carries risks you must consider.
To effectively include arbitrage in your alternative investment strategy, it’s critical to understand the nuances and risks involved.
It is not possible to have a fixed ROI for any business that has to do with Trading because of Market fluctuations. We are talking about crypto trading here and we all know how this market works.
If Crypto Arbitrage was that profitable and sustainable; D.AI.SY wouldn’t exit the scam
If Crypto Arbitrage was that profitable and sustainable; IPCAPITAL BOT would still be generating 50% Profit for its members monthly without shutting down.
Is Afriq Arbitrage System (AAS) Scam or Legit?
Kindly go through our review and draw your conclusion.