When it comes to crypto, the hardest but most critical factor to get right is your timing. Right now, RBIS coin is on the brink of exploding, with a stream of new utilities in the pipeline for the coming weeks and months and an ongoing listing process that is taking off as additional leading exchanges add the token.
About the RBIS coin
RBIS is the native token behind ArbiSmart, best known as an automated crypto arbitrage platform, which works by taking advantage of short-term price differences across crypto exchanges. ArbiSmart’s algorithm scans hundreds of crypto assets across 35 exchanges. On finding a temporary price difference, it automatically buys the asset on the exchange where the coin is offered at the lowest price and then sells it on the exchange where the price is highest. It generates profits that start at 10.8% a year (0.9% a month) and reach up to 45% a year (3.75% a month), depending on the amount invested.
An important factor in the platform’s success is that it offers a secure hedge against crypto volatility. Temporary crypto price differences can have a whole range of causes, such as a disparity in trading volume, between a larger exchange and a smaller one, and they will continue to occur, just as frequently in either a bull or bear market. This means that even if the crypto market suddenly crashes you can continue to earn a reliable profit and your capital retains its value.
Those who place their RBIS profits from crypto arbitrage in one of ArbiSmart’s long-term, locked savings account can earn up to 1% in daily interest.
The RBIS listing process began at the start of January and it has been moving along at an accelerated pace. The token is already available for trading, purchase, and sale on a number of big-name exchanges, such as Uniswap, HitBTC, SushiSwap and 1inch. The current market price can be viewed on crypto data tracking sites like CoinMarketCap, CoinGecko, CryptoCompare and Etherscan.
This is an ongoing process, so there are many more listings to come throughout 2022. The larger the exchanges, the greater the liquidity and trading volume and of course, the wider the crypto community that is gaining access to the RBIS token, pushing up demand.
New developments driving demand
In the next couple of weeks, ArbiSmart is releasing its new decentralized yield farming program, offered through UniSwap. In return for staking your funds, you will receive industry-high yields of up to 190,000% APY. By contributing to a ETH/RBIS or a USDT/RBIS liquidity pool you can earn RBIS for the loan of your capital, receiving 0.3% of the fees on every transaction.
At any point, you can withdraw capital from the program, and benefit from preferential terms, such as lower fees and higher APY when using your RBIS to take advantage of other utilities in ArbiSmart’s EU licensed crypto ecosystem.
ArbiSmart is also about to launch an NFT marketplace, with a 10,000-piece digital art collection. The one-of-a-kind artworks are certified by non-fungible tokens (NFTs), which will only be available by purchasing RBIS through a designated smart contract.
Other utilities on the way in 2022
A series of additional new utilities are in the pipeline for later this year, including the ArbiSmart wallet, supporting both FIAT and crypto, that will generate interest of up to 45% a year; a mobile application compatible with both Android and Apple devices, that will enable users to manage their account from home or on the go; an investment launchpad for promising crypto assets, and a suite of crypto banking services including crypto debit cards, IBANs and payment processing between ArbiSmart and international banks.
As token demand rises, the RBIS supply which is permanently limited to 450M, will shrink, pushing up the price even higher.
The ArbiSmart development team is clearly showing no sign of slowing down, with the aim of evolving into a crypto hub that delivers a vast array of digital currency services. Now is the time to buy RBIS, before demand outpaces supply and the price takes off.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.