As the crypto downturn drags on, leading coins like Bitcoin, Ethereum, Shiba Inu, and Apecoin continue to experience extreme volatility.
As a result, earning a high, reliable return on your FIAT and crypto, without incurring major risk presents a significant challenge.
This is why more and more crypto owners are turning to interest-bearing wallets. Wallet holders can enjoy a consistent, risk-free passive profit, whichever direction the market moves.
To see how they work and are able to generate such a high return on investment, let’s take an increasingly popular up-and-comer, the ArbiSmart wallet, as our example.
The EU-authorized ArbiSmart project’s wallet and financial services ecosystem is rapidly gaining momentum. Since the start of September, the project’s native token, RBIS, has gone up in price by 675%, and it is continuing to climb at an impressive rate.
147% a year profit
The wallet offers a great deal of flexibility. It supports 25 different currencies including popular coins like BTC, ETH, SHIB, MANA, and GALA as well as leading FIAT currencies like EUR, USD, and GBP.
Also, funds can remain accessible, at all times, stored in an interest-free wallet, or they can be locked up in a savings plan for periods ranging from 1 or 3 months to 2, 3, or 5 years, earning higher interest the longer the length of the plan.
With an ArbiSmart wallet, you can earn interest of up to 147% a year, depending on your account level, which is based on the number of RBIS you own. Account levels go from Beginner to Advanced, then Expert, and finally Elite.
By purchasing more RBIS you will reach a higher account status and earn a higher interest rate on balances in Bitcoin, Euro, or any other supported currency, plus compounding at the higher levels.
Balances in all currencies earn rates well over a hundred times higher than those offered by any bank. However, balances in RBIS earn much higher rates than balances in any other FIAT or cryptocurrency.
3 types of interest
So how can you start making money?
You just register with ArbiSmart and deposit FIAT or cryptocurrency. You then need to buy a minimum of 1,000 RBIS, which will place you at Beginner Level 1 account status and make you eligible to earn interest on your Bitcoin or Euro savings.
RBIS can be bought via a crypto exchange or through the RBIS Management tab of the ArbiSmart dashboard.
Next, go to the Earn Interest tab to open your savings plan. Firstly, choose a currency and an expiry date for your plan, then decide you wish to receive your daily interest. Your first option is to send it to a separately available balance for withdrawal at any time.
The next option, offering a higher rate is to add the daily interest to the locked savings plan, alongside the capital on which it is being earned.
The highest rate will be earned by receiving the daily interest in RBIS, even if the savings plan balance is in a different currency. Also with this option, the interest will be locked up, until the plan expires.
Finally, choose a deposit sum for the savings plan and start earning interest right from day one.
Zero risk
Now, let’s take a look at how ArbiSmart is able to offer industry-high rates, and mitigate exposure. The way this is achieved is through the use of a zero-risk automated investment strategy known as crypto arbitrage.Â
This investment approach makes a profit from brief periods in which a crypto asset is available on more than one exchange, at different prices at the same time.
Temporary price discrepancies across exchanges have many causes, like disparities in trading volume or liquidity between different-sized exchanges, and they occur just as regularly in bull or bear trends.
The ArbiSmart algorithmic trading software is connected to nearly 40 exchanges which it monitors 24/7 scanning for price differences. The automated system can execute hundreds of trades simultaneously, exploiting multiple discrepancies at once.
It buys the crypto asset at the lowest available price, then sells it at the highest available price for a profit, before the temporary price difference can resolve itself.
A X37 price rise
Because the ArbiSmart wallet generates steady, predictable profits in all market conditions, which can be calculated ahead of making a deposit, it is growing in popularity, as crypto market prices continue to fall.
As a result, token usage is rising, since RBIS ownership is required to earn interest on ArbiSmart savings plans.
As the token demand rises, the restricted supply is decreasing, since more RBIS is being taken out of general circulation to be placed in locked savings balances.
RBIS demand is likely to further outpace supply in the months ahead, with the introduction of new ArbiSmart services which will all require the use of RBIS to generate profits.
In the final quarter of 2022 and early 2023, ArbiSmart has scheduled the launch of a number of new utilities.
These include a mobile application for the purchase, storage, and exchange of crypto assets; a collection of one-of-a-kind ArbiSmart non-fungible tokens (NFTs); an NFT marketplace for the secure purchase and sale of all types of NFTs; an innovative DeFi protocol for enabling yield farmers to loan funds and provide liquidity, with unique gamification features; a professional crypto exchange, and a play-to-earn metaverse, with RBIS as the in-game currency, where users will be able to buy, develop, and sell virtual plots of land for actual profit.
Not only will all these utilities require the use of RBIS, but RBIS owners will also receive preferential terms, such as discounted fees on the exchange if the charge is paid in the native token.
Also, the services are all interconnected, so an ArbiSmart-bought NFT will serve both as a digital art investment and a way to increase the score of a yield farmer and raise their APY in the DeFi protocol.
While Bitcoin is still struggling under the $20,000 mark, RBIS is continuing to rise in value has gone up nearly 100% in just the last week. As the ArbiSmart ecosystem expands in the coming months, with new products and services, the RBIS price is only going to rise higher.
The increased RBIS usage will lead to an even greater rise in token price as demand further outstrips supply. In fact, analysts are currently projecting that the token price will climb to 20 times its current value by the end of 2022 and 37 times its current value by the end of Q1 2023.Â
As a result, wallet holders will earn sky-high interest on savings balances plus huge capital gains on the soaring token value.
For three days following the publication of this article, ArbiSmart is offering a limited-time offer. Anyone opening a wallet savings plan within this 72-hour period will receive 1,000 points to raise their account score.
This gives them automatic Beginner Level 1 account status, making them instantly eligible to start earning interest on savings plans, without requiring them to buy any RBIS.
To receive your free 1,000 points, open a wallet today.
Disclaimer
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
