The cryptocurrency market has recovered in recent weeks and prices of all kinds of digital assets have risen. One coin that has performed better than its more established competitors is RBIS, the token behind the ArbiSmart project, which focuses on automated crypto arbitrage.
The ArbiSmart community has been steadily growing, with year-over-year growth of 150% in 2020, and platform usage has climbed steeply since then. The native token, RBIS, has been rising consistently in value, even in the recent bear market, and it has now gone up by more than 592%.
Why Arbismart’s RBIS continues to grow
This up-and-coming altcoin has achieved greater gains than Bitcoin and Ethereum, and has managed it by doing the following:
Providing A Secure Hedge
ArbiSmart is a licensed provider of crypto arbitrage services. It generates profits from brief instances where a coin is available on various exchanges at different prices simultaneously. These price disparities are often caused by variations in liquidity and trading volume between exchanges of different sizes.
ArbiSmart’s algorithm is integrated with nearly forty exchanges, which it scans 24/7 looking for cryptocurrencies with price disparities. It buys the asset on the exchange with the lowest available price and then sells it for a profit on the exchange where it is priced highest.
The clear advantage here, aside from profits of up to 45% a year, is that if there is a repeat of the events of just a couple of months ago, where a bull run was followed by a rapid market collapse, you will continue to earn steady profits from crypto arbitrage, regardless. Price disparities continue to occur across exchanges, even in a bear market, making ArbiSmart an excellent hedge against any sharp drop in prices.
Generating Unmatched Yields
The primary reason for the growth in the popularity of the ArbiSmart project is the huge return on investment. Depending on the size of your deposit, you will make 0.9% to 3.75% per month, which comes to between 10.8% and 45% a year, and you will also earn compound interest on those profits. ArbiSmart offers a yield calculator where you can see in advance exactly how much you will make, simply by inputting a deposit amount and a time frame.
Crypto arbitrage is not your only revenue stream. If you choose to have a savings account that is locked for a predetermined period, you can earn as much as 1% a day in additional passive income.
Then, there are also the capital gains you will earn on the rising price of RBIS. In the two years since it was introduced, it has already gone up to well over five times the original price and it is consistently gaining momentum. In fact, analysts are projecting that it will go up to forty times its current value by 2023.
Adding New Products and Services
One reason for this is that the development team at ArbiSmart has not been sitting idle. Since the start of Q3 it has been implementing significant infrastructure upgrades, which will continue through to Q4.
In addition, throughout Q4 2021 and Q1 2022, an impressive array of new utilities are scheduled for launch from a mobile app and an interest-generating walletto a yield farming program and a crypto credit card. These new RBIS utilities are likely to drive up the token price once they are introduced.
Q4 of 2021 will also see RBIS become listed meaning that if you wish to use any RBIS utility, you will need to purchase the coin on an exchange, and this is also likely to further raise the token value.
It is also worth mentioning, that while demand for the token continues to grow, the RBIS supply is finite.
The RBIS token has been steadily gaining traction, rising in value at an incredible rate and it shows no sign of slowing down. With all the developments in the pipeline the coming months RBIS is likely to see a major price spike and now would be a great time to buy.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.