SPONSORED POST*
Bitcoin and all types of altcoins have had a rough six months but not all digital assets are on an extended downward trajectory. In fact, some are flourishing in the current crypto climate and right now, one coin stands head and shoulders above the competition.
RBIS, the token powering the ArbiSmart crypto wallet and financial services ecosystem is projected to rise 7,000% by the end of 2022 and continue to rise by a further 6,000% by the end of Q1 2023.
Resilience and Security
One of the main reasons for this positive forecast is the bear-resilience of ArbiSmart’s EU authorized utilities. To start with, the project offers crypto arbitrage, a method of investing that makes money from temporary price differences across exchanges. The automated system, integrated with 35 exchanges which it monitors 24/7, identifies a disparity, buying the coin at the lowest offered price and then instantly selling at the highest price, generating profits of up to 45% a year, depending on the amount invested.
Price disparities can occur for a wide range of reasons such as a difference in liquidity or trading volume between a larger exchange and a smaller one. Since they arise just as regularly in a bull or bear market, the ArbiSmart system is able to provide a great hedge against a bear trend.
Last month, ArbiSmart launched its new interest-generating wallet, which also generates steady, consistent returns whether the market is in an upturn or a downturn. Wallet holders can choose from 25 different FIAT and cryptocurrencies, making industry-high passive profits of up to 147% a year.
Versatility and Profitability
Wallet holders have plenty of options on how to manage their capital. Funds can be held interest-free, in an available balance from which they can be withdrawn any time or locked in savings plans, for periods of 1 month, 3 months, 1, 2, or 3 years. The time period of the lock will impact the interest rate, as will the way in which the interest is received. Interest, which is paid out daily can be automatically sent to an available balance and be instantly accessible, or it can be added to the locked funds on which it is being earned for a higher return.
Another major factor impacting the wallet holder’s profits is ownership of the RBIS token. The amount of RBIS you hold determines your account level, which decides the amount of interest you earn. This means that the more RBIS you purchase, the more interest you will earn on your Euro or Bitcoin savings balance. You will also enjoy compounding at the highest account levels.
Buying RBIS is further incentivized by the fact that balances held in RBIS earn triple the interest earned on balances in all other supported FIAT and cryptocurrencies. Anyone who doesn’t wish to convert their funds into RBIS can still boost their bottom line by choosing to just receive their daily interest in the native token.
All these benefits to purchasing the native token are likely to lead to a rise in RBIS demand. While the wallet was only recently launched, at the beginning of this quarter, it is already gaining a substantial user-base. The wallet is well timed, since crypto owners are currently looking for ways to make a steady bear-proof profit, while waiting for prices to bounce back. So, as the wallet grows in popularity more RBIS is going to be locked in savings balances and taken out of general circulation, eating up the limited, finite supply. Once demand outpaces supply the token price is set to rise resulting in sizable capital gains for anyone holding RBIS.
Growth and Variety
The coming months are expected to drive demand even higher, as a number of additional financial services are added to the ArbiSmart ecosystem in the latter half of Q3 and throughout Q4. These include a mobile application for storing, exchanging purchasing and selling crypto, a decentralized yield farming program with unique gamification features, an NFT marketplace, a collection of original digital artworks, a professional cryptocurrency exchange and a play to earn gaming metaverse.
Using any of these new services will require ownership of RBIS, pushing up demand. In addition to higher wallet interest and increased capital gains, this wide variety of new utilities covering the hottest trends in crypto will all offer their own revenue streams from gaming and liquidity mining to NFT investing and trading. For example, the yield farming service, scheduled for launch next month, will reward liquidity providers with up to 190,000% APY as well as 0.3% of the fees from each trade.
The ArbiSmart ecosystem is an interwoven web of services where use of one utility will generate higher profits when using another, so holding a marketplace NFT you can boost your yield farming APY.
The wallet’s growing momentum and the launch of new services are contributing to a strengthening of the RBIS token, even in a bear market. This is creating higher gains for savings balances in all supported FIAT or cryptocurrencies.
To watch your Bitcoin savings steadily grow, open a wallet now!
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
The post Quadruple Your Bitcoin in Under a Year Doing This appeared first on The Cryptonomist.
