SPONSORED POST*
There are tons of ways you can put your money to work, but a lot of people just want the hassle-free and safe option of storing it in a savings account. No financial expertise is needed, you don’t have to spend time managing your money, and no substantial sums are required as an initial buy-in. But, wherever you look, interest rates are pitiful, averaging well under half a percent a year, with bank fees eating into those already unimpressive profits.
Finally, an alternative is starting to catch on. Digital wallet savings plans offer all the benefits of a traditional bank savings account and as much as a hundred times the profits.
Summary
What You Need to Know about Digital Wallet Savings Accounts
A wallet savings account is like a bank account. The service provider makes money by using your deposit for investing, trading, or loans to other users. Now, the interest rates can differ based on the cryptocurrency and the platform you’re using, but they are going to be far higher than what you’d get from a regular savings account. Many platforms also offer better rates the longer you’re willing to lock up your funds. To get in on the action, all you have to do is deposit your cryptocurrency into the wallet and make sure you’ve chosen a locked, interest-generating account. But before you dive in, just like with any investment, there are risks involved that need to be recognized. There’s a chance that borrowers might not pay you back or that the value of the cryptocurrency being stored could crash.Â
Up to 49% Plus Compounding in Just a Few Clicks
With any savings account, the goal is to reduce your exposure to as close to zero as possible, make as high a profit as you can, and have the flexibility to adapt to any changes in your financial situation.
ArbiSmart  is a legit, recently launched, licensed wallet, with all the relevant EU authorizations that provides storage for holders of 30 different cryptocurrencies and regular FIAT currencies. You can store your funds securely, and the interest rates they offer are seriously top-notch. We’re talking up to 49% interest plus compounding on balances in every currency, from Bitcoin, USDT and Shiba Inu, to EUR, USD, and loads more. If you are looking for an even higher payout, you can convert your balance into RBIS, the native token, and earn up to three times the maximum interest rate offered for all other supported currencies.
These wallet savings plans are bringing in steady profits on a daily basis. You can choose a savings plan contract as short as one month or as long as five years. You can also decide to keep some of your funds in an interest-free balance, where they are always withdrawable, so you have instant access whenever you need it. But if you’re up for locking in your money for a while, you can earn increasingly higher interest rates. The longer the contract, the better the rewards.
Also the higher your account level, the sweeter the interest rates you’ll get on all the currencies you store in your wallet. You don’t even need to own the native token, RBIS, to make a profit. But more RBIS means a higher account status and a better daily rate.
If you’re tired of negligible bank interest rates and want to make serious money on your Bitcoin and Euro, a wallet savings plan is the answer you’ve been waiting for. You can start cashing in on your capital from day one!
So why wait? Open a wallet savings account now!
*This article was paid for. The Cryptonomist did not write the article or test the platform
