Because many investors believe in the long-term prospects of their cryptocurrencies, these investors hold coins like Bitcoin to cash in on those positions when the market recovers. It sounds nice, but it’s not the smartest thing you can do with your crypto, because you can also start the crypto and make money from it. For example, there are investors who engage in swing trading; a way to speculate on small price changes up or down. With this strategy you run a risk, but you can also get a high profit.
However, there is a project where you run less risk and can achieve a high passive profit without having to do anything for it. With the ArbiSmart wallet, you can earn interest on your cryptocurrencies and use the platform’s financial services. You earn up to 147% interest per year, whether the crypto market rises or falls.
In less than a month, the ArbiSmart token (RBIS) has surged 400% while other cryptocurrencies struggle to maintain their value. Analysts expect the currency to be worth 30 times more by the end of 2022.
How the wallet works
Approved by the European Union, the wallet supports 25 different currencies and cryptocurrencies such as Bitcoin, Ethereum, Shiba Inu, ApeCoin, Euro, USD and Pounds.
You can put the money in the wallet and take it out at any time, but if you also want to earn interest on it, you can lock it in a savings account. This savings plan works during both downward and upward trends. This can be for a short period of 1 to 3 months, but longer terms like 2, 3 or even 5 years are possible. The longer the period you unlock, the higher interest you get on the supported currencies and cryptocurrencies.
The main factor that determines your interest rate is the level of your account, which in turn is determined by the number of RBIS tokens you hold. If you put the balance in RBIS tokens in your wallet, you will receive an even higher interest rate.
How to earn money with ArbiSmart
Once you have signed up for ArbiSmart, you can deposit money by transferring currencies such as euros or cryptocurrency to your wallet.
To receive the interest, you must first purchase at least 1,000 RBIS tokens, starting with a level 1 starter account. You can buy RBIS via your wallet, a crypto exchange or directly on the ArbiSmart dashboard.
You then choose the coin you want to put in your wallet, how long your savings plan should be and how you want to receive the interest. The interest is paid daily and deposited into your account, you can always access this and, for example, you can also choose to return the coins directly to the wallet, so that the interest you get is higher next time.
In the end, you choose how much you put in the wallet. From then on, you will receive daily interest regardless of whether the market falls or rises.
How profits remain consistent
The reason ArbiSmart is able to pay high interest on a daily basis is because it is able to make money from automatic crypto arbitrage.
Crypto arbitrage is a risk-free strategy of investment where profits are made by finding inconsistencies in the price of a particular cryptocurrency. This automatically searches exchanges to see if a coin is being offered cheaper on one exchange than another. These differences occur because there is more volume on one exchange than on another.
ArbiSmart’s crypto arbitrage algorithm is connected to 35 exchanges where it monitors hundreds of cryptocurrencies 24 hours a day. It can make multiple trades simultaneously, where it buys the crypto coins at the lowest price and instantly sells them at the highest price it can find.
How the demand for RBIS is increasing
More and more RBIS are being withdrawn from circulation because they are stored in savings plans. As a result, the supply decreases as the total number of RBIS tokens has been determined and can never be expanded again. This means that with an increase in demand and a decrease in supply, the price can only go up.
In the last quarter of 2022 and the first quarter of 2023, the ArbiSmart team of developers will further expand the platform with new applications. In these applications, you all use the RBIS token, which will further increase the demand for the token.
The many services in the pipeline for the end of 2022 include a mobile application for storing, buying and trading crypto, an exclusive collection of ArbiSmart NFTs, an NFT Marketplace and a DeFi protocol with innovative gamification features. The protocol makes it possible to use dividend breeding, borrow funds and offer liquidity. This allows users to earn big rewards that can go even higher if you own an NFT. In early 2023, ArbiSmart will launch a crypto exchange as well as a play-to-earn gaming metaverse.
Because all services are connected, RBIS holders will be able to increase their profits by using more than one application. An in-game NFT will raise your level and thus ensure a higher interest rate.
RBIS has increased in value four times in the past month and is on track to grow much further. In addition to the rewards you can earn, it is therefore also possible to make money from the price increases.
Also, start earning money with crypto by opening your ArbiSmart wallet!