There are countless ways to profit from your crypto, from HODLing to staking, gambling, swing trading and investing in NFTs. But by far the most secure and consistently profitable option to invest your Bitcoin is to open a savings plan for your wallet.
What are the benefits of a crypto savings plan?
Savings plans provide predetermined returns, in both an optimistic and pessimistic market, without having to sit in front of your screen for hours watching prices and trades.
- Minimal effort – no market analysis or management of open positions is required
- No risk – the profit remains the same regardless of how the market moves
- High interest – gains a hundred times greater than offered in a traditional bank
What should you look for in a crypto savings plan?
The best savings plans offer high interest rates through a secure wallet while allowing you to tailor your savings plan to your specific crypto needs. The wallet provider currently growing faster than any other is ArbiSmart’s interest-bearing wallet and crypto service ecosystem. First introduced in 2019, the EU-licensed platform generates the highest interest rates in the industry and has a strong reputation for providing reliable service, secure storage and stable, predictable profits.
For this reason, we use ArbiSmart as a use case for how to get a profit on a savings plan and what features to look at.
Bearing tension: ArbiSmart can achieve consistency and reliability by using a pessimistically resilient strategy for risk-free invested funds that provides a hedge against falling prices.
ArbiSmart runs an automated crypto arbitrage on funds held in savings plans that generates a profit by exploiting temporary price inefficiencies across exchanges. These are short periods when a cryptocurrency is available at a different price at the same time. Occurring with equal regularity regardless of which way the market moves, price inefficiency is often the result of an imbalance in trading volume or liquidity between a smaller exchange and a larger one.
ArbiSmart’s crypto arbitrage platform is integrated into around 40 exchanges where the algorithm monitors hundreds of coins 24/7 looking for price mismatches. Capable of handling multiple trades at once, the algorithm identifies price inconsistencies. It buys the coin at the lowest available price and then sells it at the highest available price to make money on the difference.
Flexible savings options: ArbiSmart wallet holders can choose to simply keep their money safe without any interest if their priority is to access their money at any time. Alternatively, they can lock their funds into a savings plan. These plans can expire after just 1 or 3 months, or they can expire after longer periods of 2, 3 or 5 years. The longer the funds are locked up, the higher the interest rate will be.
Wallet holders can also choose from 25 supported currencies. They can choose from popular coins like BTC, ETH, SHIB or from FIAT currencies like EUR, USD or GBP.
Wallet holders also have a number of options to choose how they receive their interest, which is paid out daily. First, they can send the daily interest to a special, accessible balance from which it can be withdrawn at any time. Second, for a higher interest rate, they can lock it in the savings balance along with the capital on which the interest was earned. Finally, for the highest returns, they can have the daily interest rate converted to the native token, RBIS, even if the savings plan is in a different currency, and put it on a closed balance until the plan expires.
Consistent, high industrial efficiencies: Arbismart wallet holders can earn up to 147% interest in one year, which is the highest return of any legitimate competitor in the space.
The exact amount a wallet owner earns depends on their account level. Your account status is based on how much RBIS you have, so more RBIS means a higher interest rate on your savings plan in Bitcoin, Euro or any other supported currency.
The return is completely predictable and independent of the market and whether it is down or up, it will remain the same and can be pre-calculated before you open a savings scheme.
To even be eligible to earn interest with an ArbiSmart wallet savings plan, a wallet holder must have a beginner level 1 account status, which requires attribution over 1,000 RBIS tokens. To earn even more from their Bitcoin or other currency, they need to buy more RBIS to upgrade their account to a higher account level.
A savings plan can be opened in any of the 25 different currencies supported by the ArbiSmart wallet, but an RBIS balance will have a higher return than a balance in any other currency.
User-friendly setup: Simplicity is important and this is another area where ArbiSmart sets the standard. Opening a savings plan is easy enough for anyone to do and can be accomplished in minutes:
- Sign up for ArbiSmart
- Buy a minimum of 1,000 RBIS through an exchange or in a few small steps through RBIS management tab in the dashboard menu
- Go to it Security deposit tab and deposit capital in one of the 25 supported currencies
- Switch to it Earn interest tab and select a currency and period for the savings plan
- Decide how you want to receive the daily profit
- Enter a deposit amount and click confirm
- The interest starts to accrue from day one
What other sources of profit can be generated?
When opening a savings plan, it is worth checking the overall state of the project that runs the wallet, evaluating the strength of the token and all other crypto products and services it can offer.
For example, ArbiSmart’s original token has been consistently increasing in value even as Bitcoin and other established coins continue to decline in value. Analysts predict an increase of up to 25 times the coin’s current value by the end of 2022, with even better gains in 2023.
A big reason for this is that with an increasing number of crypto owners looking for a consistent way to profit in a pessimistic market, more ArbiSmart wallets are opening up. To be eligible to earn interest on your wallet savings plans, ownership of RBIS tokens is required, so the demand for the token is increasing. As increasing numbers of RBIS are locked into savings plans and withdrawn from general circulation, the RBIS supply, which is limited, is shrinking. When the demand exceeds the available supply, the RBIS token price will increase even more.
There is also another factor that is putting pressure on the available RBIS supply and driving the demand for the token. Between now and the end of 1. quarter 2023, the ArbiSmart development team will add a number of new services to the ArbiSmart ecosystem, all of which will require the use of the RBIS token and offer their own individual sources of revenue.
Trading, gaming, collecting and yield farming
In the 4th quarter of this year, ArbiSmart will introduce a new mobile application for buying, storing and exchanging cryptocurrencies.
This will be immediately followed by the release of a marketplace for buying and selling non-fungible tokens, an ArbiSmart NFT collection and a DeFi protocol with unique gamification capabilities. The protocol will allow dividend farmers to borrow money and provide liquidity for rewards of up to 190,000% APY plus 0.3% of the cost of each trade.
Furthermore, in Q1 2023, ArbiSmart will launch a cryptocurrency exchange as well as a play-to-earn metaverse, with RBIS as the in-game currency, where visitors can earn real profits for buying, selling and developing digital plots of land.
All these uses will require RBIS, which will drive demand, which will further increase due to the interconnectedness of services. For example: An ArbiSmart NFT will not only serve as an investment in art, but will also improve a yield farmer’s score in the DeFi protocol, increasing their APY, or it can serve as an in-game element in the metaverse. There will also be financial benefits to using RBIS tokens, such as a discount if exchange fees are paid in RBIS.
All these factors will help drive the token’s price upwards and generate potentially high capital gains in addition to profits from savings plans or using any of the RBISs.
ArbiSmart offers a special offer for 72 hours after the publication of this article. Anyone who opens a new wallet savings plan within this three-day period will earn 1,000 points for FREE. This gives them access to earn interest on savings plans in any supported currency from day one without having to purchase RBIS.
To earn the free 1,000 points, open a savings plan now!