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It’s been a particularly volatile few months for the crypto market, but even if prices continue to stay low, there are still a variety of ways to make a massive profit from your crypto with minimal risk.
One of the safest ways to potentially more than double your crypto, even in a bull market, is with an interest-producing wallet. To understand the practicalities, let’s use the ArbiSmart (RBIS) Wallet and Financial Services Hub as an example.
Generate revenue in any market
The first step to profiting from your crypto in a downturn is to take steps to ensure your money is still working hard while you wait for the market to recover.
For example, the ArbiSmart ecosystem offers a variety of bear-resistant services, such as B. its automated crypto arbitrage system that generates passive profits up to 45% per year and its new EU-licensed interest-generating wallet, launched in early July, offering industry-leading interest rates up to 147% APR.
These two services are very attractive to investors not only because of the sizeable passive profits that require nothing more than registration and deposit, but also because they generate consistent returns no matter what direction the market moves.
Crypto arbitrage makes money from temporary price discrepancies between exchanges that occur with equal regularity in a bull or bear market and provides a great hedge against falling crypto prices.
Likewise, the ArbiSmart wallet securely stores your BTC or Euros and pays out daily interest on your savings at exactly the same rate whether crypto prices go up or down.
This is how it works:
The wallet supports a selection of 25 different FIAT and cryptocurrencies from EUR, USD and GBP to BTC, ETH, MANA, APE, SHIB and many more. Wallet holders can choose to keep funds interest-free but always available, or lock funds into a savings plan for short periods like 1 month and 3 months, or longer periods like 2, 3 or 5 years for much higher interest rates. How interest is received can also be customized. Users can always send the daily profit to a separate available account for withdrawal or add it to the blocked funds and get a better rate.
Maximize your wallet profits
Whichever wallet you choose, be sure to check if there are ways to increase your APY without significantly increasing your savings.
One of the best ways to maximize profits with an ArbiSmart wallet is to take advantage of the various incentives for owning the native token, RBIS.
First, the amount of interest you earn is based on your account balance, which is determined by the amount of RBIS you own. In other words, the more RBIS you hold, the higher the interest rate you will earn on your ETH, COMP, USD, or GBP savings balance. At the highest account levels, you also benefit from compounding.
It is also important to note that RBIS balances yield three times higher profits than balances in any other FIAT or digital currency. If you don’t want to convert established coins like bitcoin, ether and euro into RBIS, but still want to earn interest on your savings, you can choose to only receive your daily interest in RBIS.
As the recently launched wallet continues to gain momentum and its user base grows, more RBIS will be locked into savings balances. With the amount of RBIS that can ever be created permanently capped at 450 million, the RBIS price will increase as supply shrinks and demand grows. In fact, analysts are predicting that RBIS will appreciate in value over the coming months.
Due to the way the token economy is structured, buying RBIS will give you unrivaled interest rates on your savings in EUR and BTC while potentially also benefiting from capital gains on the rising value of the RBIS you buy.
Demand for the token is likely to increase in the coming months as several new utilities are added to the ArbiSmart ecosystem at the end of Q3 and Q4 2022, all of which will require the use of RBIS. Not only will these potentially drive up the price and generate significant capital gains, but they will each offer new revenue streams from yield farming and trading to online gaming and NFT investing.
Discover opportunities across the ecosystem
Another great way to increase your profits is to see what other revenue opportunities the ecosystem offers.
This quarter, ArbiSmart will launch a mobile application for buying, selling, storing and exchanging crypto, as well as an innovative twist on decentralized yield farming. The upcoming yield farming program will have a number of unique gamification features and will reward liquidity providers with it 0.3% of fees from each trade plus up to 190,000% APY. These services will be followed by the launch of an NFT marketplace where anyone can buy or sell non-fungible tokens and the release of a unique collection of thousands of digital artworks. Q4 will introduce a cryptocurrency exchange and play-to-earn gaming metaverse where visitors can earn real money for buying, developing and selling virtual properties.
All of these RBIS utilities are interconnected, and users receive better terms by leveraging additional ArbiSmart ecosystem services. For example, you can maximize your profits by using an NFT marketplace to improve your yield farming score and earn a better APY.
The reasons for analysts’ optimism about the future of ArbiSmart (RBIS) are obvious, as the project offers the right type of financial product at the right time. The EU-licensed and registered ecosystem produces safe, steady profits from multiple sources simultaneously, and users continue to see consistent growth in both bull and bear markets.
If you want to put your crypto or FIAT to work on your behalf and earn sizeable passive profits with exceptionally low risk no matter what direction the market moves, open a wallet today!
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