Prices for all types of coins from established names to up-and-comers have fallen in recent months and the crypto bear trend seems set to continue through the autumn and winter. Even so, some coins are gaining momentum and offering profitable opportunities to savvy investors.
One of the most popular utilities in ArbiSmart’s EU authorized ecosystem, particularly in times of high volatility, is its automated crypto arbitrage system, which offers a great hedge against falling prices.
Crypto arbitrage generates a steady stream of revenue from temporary price discrepancies across exchanges, which occur with the same regularity in either a bull or bear market. Integrated with nearly 40 exchanges, ArbiSmart’s algorithm scans day and night for price differences. It buys the cryptocurrency at the lowest available price and sells it at the highest, for profits of up to 45% a year, depending on the amount invested.
Another bear-resistant ArbiSmart service is the recently launched interest-generating wallet that offers the same rate on your capital, whichever direction the market is moving. Wallet holders can lock funds in short term savings plans for periods as brief as a single month, or in long-term plans for stretches lasting up to five years, earning a better rate the longer the lock on the funds. Interest is paid out daily and can be sent to a separate balance where it can be withdrawn any time or added directly into the locked balance for a higher rate.
ArbiSmart savings plans offer rates unmatched by any industry competitor, reaching up to 147% a year. The exact amount of interest earned will depend on the wallet holder’s account level, which is determined by the amount of the native token, RBIS, that they own. Holding more RBIS means a higher return on balances in all the wallets 25 different supported FIAT and cryptocurrencies, from Bitcoin, Ethereum and ApeCoin to Euro, USD, and GBP.
If the balance is in RBIS, the rate of interest is going to be triple the rate offered for balances in any other currency. However, a wallet holder can decide to keep their balance in Bitcoin or Euro and increase their profits by getting the daily interest in RBIS.
This autumn and winter, ArbiSmart’s development team is going to be exceptionally busy.
In addition to a mobile application for exchanging, buying, storing, and selling crypto, ArbiSmart is introducing a DeFi protocol and yield farming service, offering a completely fresh twist with the addition of unique gamification features.
All the utilities in the ArbiSmart ecosystem are interconnected, allowing for better terms when using more than one service at once. So, for example, ownership of an ArbiSmart NFT will boost a liquidity provider’s APY.
So, how will the current and upcoming services that comprise the ArbiSmart ecosystem impact the RBIS price? To answer this, we need to examine the token economy more closely.
Firstly, it is critical to understand that all the utilities offered by ArbiSmart require use of the RBIS token. For example, before the crypto arbitrage algorithm can start generating profit on a user’s behalf, the invested funds are automatically converted into RBIS. The token will also be required for the purchase of all in-game items in the metaverse, and for participation in the decentralized yield farming program. In addition, RBIS is necessary to receive interest on savings plans, and the more RBIS that is purchased the higher the return for all supported currencies.
As a result, with every new utility that is added to the ArbiSmart ecosystem over the coming months and beyond, token demand is going to rise. Meanwhile as the new wallet gains traction and an increasing amount of RBIS is locked in long-term savings, and taken out of general circulation, the supply will diminish. This is due to the fact that the number of tokens that can ever be minted has been permanently capped.
So, as rising demand outstrips the shrinking supply the token price will skyrocket, generating huge capital gains for RBIS owners, on top of their earnings from staking, gaming, trading or just securely storing their capital.
To begin earning a profit from your crypto while you wait for the market to bounce back, buy RBIS now!
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.