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As autumn begins, we are still stuck in a crypto winter, which remains a long way from thawing out. Even so, there are plenty of ways to generate a profit from your digital capital, even in a bear run.
In the current climate, you need a project that is continuing to grow its userbase and expand its offering with utilities that can make money whichever direction the market moves. A great example of this is ArbiSmart, a crypto wallet and financial services ecosystem fueled by the RBIS token, and analysts are projecting that this rising star will rise by as much as 9,000% by the end of Q1 2023.
Lucrative Crash-resistant Financial Services
The ArbiSmart platform offers bear-resilient revenue opportunities such as automated crypto arbitrage. This is a trading strategy that involves minimal risk, making money from brief windows in which a coin is available on various exchanges, at different prices, at the same time. Temporary price differences occur just as regularly in bull or bear markets, offering a valuable hedge against falling prices and can arise for all kinds of reasons, like a disparity in trading volume between a bigger exchange and a smaller one.
The user deposits funds, which are then automatically transferred into RBIS for use generating passive profits of up to 45% a year from crypto arbitrage. Connected to 35 exchanges, the algorithm monitors a huge selection of coins 24/7 and on finding a disparity, it buys the coin on the exchange where the price is lowest and then sells wherever it is highest to make a profit on the spread.
Another bear-proof utility in the ArbiSmart ecosystem is its new interest-generating wallet, which was introduced in early July. The wallet offers unequalled revenues of up to 147% and the interest rate remains the same even in a downturn.
The wallet, which supports 25 crypto and FIAT currencies, offers interest-free balances which are always available as well as locked savings plans. Wallet holders can lock funds for brief periods of 1, or 3 months and longer periods of 2,3, or 5 years, with more interest the longer the plan. The versatile service also offers options when it comes to receiving the interest that is paid out each day. Wallet owners can automatically send the interest to a separate balance where it is always available for withdrawal or earn a higher rate by adding it to their locked savings balance.
Profits are higher the more RBIS the wallet owner has. This is because their interest rate is determined by their account level and the account level is based on how much RBIS they hold. As a result, by buying RBIS, the wallet owner will enjoy better rates on their BTC, SHIB, or EUR balance. Moreover, a balance held in RBIS earns triple the interest earned on balances in any other supported FIAT or cryptocurrency. If the wallet holder wants to keep their capital in Bitcoin or dollars, they can still increase their earnings by choosing to receive the daily interest in RBIS.
Upcoming Utilities Covering the Hottest Crypto Trends
In addition to the recent launch of its interest-bearing wallet, ArbiSmart has been busy with the development of a number of new RBIS utilities, set for release in the coming months.
In Q3 and Q4, ArbiSmart will be introducing a mobile application for buying, selling, exchanging and storing crypto; an NFT marketplace for the purchase and sale of non-fungible tokens; a collection of original digital artworks, and a decentralized yield farming program. In a fresh spin on classic yield farming, the service will provide one-of-a-kind gamification features and it will offer generous rewards including up to 190,000% APY, plus 0.3% of the fees from every trade. By the end of 2022, ArbiSmart will also be launching a professional crypto exchange, as well as a play-to-earn gaming metaverse where participants can buy, build on and sell virtual plots of land for real-world earnings.
An Anticipated Surge in Token Value by the End of 2022
The RBIS token is expected to soar in value over the coming months. One reason for this is that RBIS is required for use of all the existing and future services in the ArbiSmart ecosystem. Also, as the new wallet gains momentum, and the community grows, more people will purchase RBIS and lock it in savings plans, taking it out of general circulation. All these demand drivers will eat up the finite, permanently limited token supply, and once demand outstrips supply the price will rise significantly.
So, in addition to passive profits from savings interest, automated crypto arbitrage, staking, gaming, NFT investment and trading, RBIS holders will receive sizable capital gains on the increasing token value, no matter whether the market is soaring or sinking.
Ready to start earning mind-blowing profits? Open a wallet now!
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
The post The Forecast for this Coin in 2023 Will Blow Your Mind! appeared first on The Cryptonomist.
