5 Signs You Picked the Right Crypto Wallet

SPONSORED POST*

With so many digital wallets on the market, it’s hard to know which to choose.  Not all wallets are yield-generating but those that are and have the capacity to offer a low-risk, consistent profit provide an exceptional advantage. Security is another major issue of course as can be seen from the recent vulnerabilities of Binance’s Trust Wallet, which just this week had to patch a security hole that put users’ funds at risk and cost $170,000 in losses. 

5 Signs of a Worthwhile Wallet 

To help feel confident in your choice, here are several signs that you have picked the right crypto wallet:

1.  Secure Storage – It’s important to research a wallet’s security features and if it has a good reputation in the crypto community, you can store your funds with peace of mind. To assess its value, read reviews, ask for recommendations from other users, and check the wallet’s history and track record. 
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3. Adaptability and Versatility – You are also on the right track if your chosen wallet offers flexibility to suit a range of financial needs. Ideally, the wallet should support a variety of cryptocurrencies, so you can easily manage all your assets in one place, as well as offering a variety of account options.
   
4. Steady, Low-risk Yields – The right wallet will generate a consistent, reliable profit in return for the use of your stored funds that involves minimal exposure.
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6. User-friendliness – A good crypto wallet should have an intuitive and easy-to-use interface that makes it simple for you to send and receive funds, view your transaction history, and manage your account.
   
7. Regular Upgrades – The best crypto wallets should receive regular updates to improve its features and address any potential security issues that may arise. 

One wallet currently meeting all these criteria is provided by ArbiSmart, an EU authorized and registered, interest-bearing wallet and exchange, established in early 2019, that has a stellar reputation, for reliability and has a clean record with no instances of hacks or system vulnerabilities. 

The wallet supports 29 different FIAT and cryptocurrencies and a range of savings plan options. You can choose to keep your funds in an interest-free balance that is always accessible or lock your capital in an interest-generating savings plan for periods as brief as 1 or 3 months or for an extended time- frame of 1.5, 2, 3, or 5 years. The longer the funds are locked, the higher the daily payout.  

ArbiSmart wallet users benefit from the highest rates of any legitimate competitor, which reach as high as 49% a year on savings plan balances in all supported FIAT ad currencies, aside from the native token RBIS, on which interest can be as much as 3 times higher than that.  Interest rates are determined based on the currency and length of the savings plan, your deposit amount, and your account level, which climbs higher the more RBIS you hold.

The process is user-friendly and accessible. You are simply required to register and deposit funds then pick a savings plan, choosing the currency, balance size and duration. Also, if you wish to buy RBIS, to boost your interest rate, you simply click on Buy RBIS in the dashboard, and purchase the native token, in a couple of clicks, via bank or wallet transfer. 

ArbiSmart uses wallet funds for crypto-arbitrage, a particularly low-risk, bear-resilient investment strategy that generates a profit from price differences across exchanges, which occur with the same regularity, in both bull and bear markets. This ensures consistent daily payouts and involves far lower exposure than liquidity pools or loans to other users, who could default. 

ArbiSmart is also in the process of a major development push, with the recent addition of a range of fresh wallet features, as well as a currency exchange reward program. Also, in the coming quarter, ArbiSmart will introduce an NFT marketplace, and a DeFi yield farming program, with unique gamification features to its ever-expanding ecosystem.

The right crypto wallet should provide a balance between rewards, security, ease of use, and functionality to ensure that your assets are safe, profitable, and accessible. To get started earning a profit on your stored capital open a wallet today!

*This article was paid for. The Cryptonomist did not write the article or test the platform.