There are several ways to potentially earn a profit with cryptocurrencies, each with its own benefits and drawbacks.
You can mine Bitcoin and earn crypto as a reward for validating blockchain transactions, though this method often requires specialized hardware and significant electricity costs. There’s trading, where you take advantage of crypto price fluctuations by buying low and selling high. However, this requires active monitoring of the market and analysis of price charts. Alternatively, you can make significant profits by participating in ICO’s, investing in new cryptocurrencies during token sale events, but this method carries high risks and requires in-depth research. Then, there is buying and holding, purchasing cryptocurrencies with the expectation that their value will increase over time. While involving low exposure, this means your crypto is sitting idle while you wait for the market to move in your favor. Also, there is yield farming, where you participate in decentralized finance (DeFi) platforms to lend or provide liquidity to earn interest or fees in the form of cryptocurrencies.
One option that offers all the benefits, without the drawbacks,involving minimal effort, exceptionally low risk, and generous returns is a yield generating wallet. You will earn rewards by staking your coins and allowing them to be used to support the operations of the wallet provider.
Store It, Stake It, Grow It
One specific wallet, ArbiSmart, stands head and shoulders above its competitors for the fact that it offers exceptional staking plan options, with the highest rates of any EU authorized and registered yield generating wallet in the crypto space.
Reward payments are made daily, with the rate being determined by the currency and deposit amount of the plan, the duration of the lock on the funds, as well as your account level, which depends on how much RBIS, the native token, you own.
Key Wallet Staking Plan Characteristics
- Support for 30 different FIAT and cryptocurrencies.
- Multiple savings plan contract lengths, from 1 month to 60 months.
- Up to 49% APY on all currencies except RBIS, where rates reach up to 147%.
The other factor that sets the ArbiSmart wallet apart is the fact that it now offers the option to earn rewards on crypto staking plans of up to 100% a year, in euros. As one of the world’s most popular currencies, the euro is accepted everywhere. It can be invested or spent easily, and once the funds become accessible, you can withdraw your euro profits without having to sell your crypto.
Double Your Crypto, in Just 1 Year
ArbiSmart’s new batch of staking plans is changing the game for crypto investors by paying out rewards in EUR. There are three types of savings plans, which all have a 24-month contract, and offer a fixed profit percentage that does not depend on your account level.
Firstly, there are available plans, supporting BTC, ETH, USDT, USDC, XRP, and SHIB. These enable you to withdraw the profits you accrue at any time you choose, without touching your initial capital investment or having to wait for the plan contract to expire. These plans pay out 32% a year, no matter the size of your deposit.
Secondly, there are locked plans, where the funds cannot be touched until the plan contract expires. These plans also support BTC, ETH, USDT, USDC, XRP and SHIB but they pay out double the profit of available plans, offering 64% a year, and here too, earnings are not tied to the size of your deposit.
Lastly, there are locked plans in RBIS, where the funds only become accessible one the 24-month contract expires. These plans have a minimum deposit amount of 100,000 RBIS, and they pay out 100% a year.
Getting Set Up Is Easier than You Think
To be able to deposit and start earning a daily profit from your PEPE, Bitcoin, Euro and USD, you first have to register, which since ArbiSmart is licensed, requires you to upload KYC documentation. Next, select a staking plan currency, amount, and contract length. Lastly, if you wish, you can boost your interest rate by raising your account level. This can be done with a couple of taps via the Buy RBIS dashboard tab, and the purchase can be made via bank or wallet transfer.
Earning a reliable, predictable profit in crypto or Euro is now simpler , less risky and more profitable than ever. Open a staking plan today!
*This article was paid for. The Cryptonomist did not write the article or test the platform