Due to the consequences of the collapse of FTX and those involved, crypto owners are rightly concerned about the safety of their digital capital.
In this guide, we’ll find out who you can trust and what safety indicators to look for when choosing a depository for your cryptocurrency.
How to keep your crypto safe
There are a number of requirements that must be met when deciding how to store your crypto. Wallet providers or exchanges must meet the following criteria to ensure the safety of your crypto.
- It is locally licensed with appropriate jurisdictional authorizations and registrations
- It does not use its own project’s crypto as a means to manipulate market values for highly leveraged positions
- It keeps money safe through the use of technological security measures
- Company and user funds are stored separately
- It undergoes regular and rigorous external audits
- It meets regulatory risk management and AML, KYC and KYT requirements
Recently, crypto news and analysis website Kryptomonitor identified a specific wallet and financial services ecosystem as a major potential contributor to restoring investor confidence.
Arbismart (RBIS) meets all the listed requirements to make it a reliable and transparent custodian bank for user funds. It has been operating with proper licenses since it was founded in 2019, with EU registration and authorization. So far, the project has not been exposed to hacks or security breaches, and all client and company funds are kept separately so that users’ funds can never be used for company expenses. Arbismart is not related to FTX or any other platform and is not used for leverage at all. Money is held securely with the strictest technological protocols and all records are kept carefully and securely.
In addition to offering a wallet with unmatched security, to help investors through the current bear market, Arbismart also offers unmatched exchange and purchase options.
How to Buy Crypto Safely, Transparently (and Profitably)
When buying or exchanging crypto, there are only two things that really matter – the security of the transaction and the cost. As we have seen, the security information is clear and it has a very transparent purchase process.
When you buy crypto using the dashboard, you can instantly choose between 30 different FIAT and crypto currencies. Transaction costs are among the lowest in the industry and you can also choose to get a discount on the purchase itself of 10% up to 50%.
The specific requirements for each discount option are clearly explained before purchase, including the length of the vesting period, the minimum purchase amount and in some cases the number of RBIS, the crypto of the project itself, which must also be registered for the vesting period.
For example, you can choose to buy €5,000 worth of Ethereum. A table with discount options and conditions will automatically open. If you choose the 20% discount option, you will pay €4,000 and after the earning period indicated in the table, you will receive ETH equivalent to €5,000.
Once you have made the purchase with ArbiSmart and the earning period has ended, it can be withdrawn or stored in an ArbiSmart wallet savings plan, where the interest you earn is determined by the length of your plan, currency and account status.
Using RBIS, the project’s token, is made attractive because your account status is based on how much RBIS you own. So owning more RBIS means more interest in Bitcoin, Dogecoin, Euro or any other supported currency. If you are paid in RBIS, the interest rate will also be higher.
This is creating demand for the token, as well as the expected launch of a number of new utilities in early 2023, including a wallet app, a DeFi dividend farming protocol with amification features, a professional crypto exchange, an NFT marketplace, and collection of exclusive NFTs … It therefore comes as no surprise that the latest analyst predictions predict an increase in the value of the crypto from under $0.5 to as much as $2.87 by the end of 1. quarter 2023!
As one of the most secure and reliable companies, ArbiSmart will continue to grow even if other projects lose ground.
If you join ArbiSmart and commit EUR 5,000 in funds for a minimum period of 24 months, all within three days of the publication of this article, ArbiSmart will give you a bonus of up to 35% in the currency of your savings plan. Open a wallet now, claim your bonus by sending a chat message on the platform referring to this article.