SPONSORED POST*
Since the collapse of FTX and the impact on other major industry players like BlockFi, Gemini, the need to take precautions when trusting your cryptocurrency to a wallet or exchange has become increasingly evident.
At the same time, however, it is becoming increasingly difficult to distinguish between corrupt or incompetent service providers and trustworthy crypto custodians, especially at a time when proof-of-reserve verifiers are temporarily pausing their activities in the crypto market, a move that has impacted big names like Crypto.com and Binance.
Before you start, do your homework
There are some strong signs that you are dealing with a transparent, reliable crypto platform, and it is important that you take the time to do your homework and look for some basic safety indicators.
First, is the company licensed with the right permits in its local jurisdictions and compliant with risk management regulations, including AML and KYC requirements? Is there supervision? What public records can be accessed? Are corporate and customer accounts segregated and maintained with reserves to cover any funds held on the platform? Does the company have a history of breaches and lax safeguards, and are these being addressed?
If you can’t find the answers to these questions on the website or elsewhere on the web, feel free to ask them directly about the exact measures taken to ensure customer safety before handing over any funds. Also check crypto news sites, social media channels like Twitter, Telegram and Reddit, and review websites like Trustpilot.com that can give you honest opinions from experts and current and former clients.
The service provider that sets standards
Recently, a crypto service provider, ArbiSmart (RBIS), was recognized by German crypto analysts Kryptomonitor as a reliable custodian of client funds that had the power to “restore investor confidence.”
ArbiSmart is an EU registered and authorized project founded in 2019. The interest-generating wallet and financial services ecosystem allows users to buy, trade and store both FIAT and cryptocurrencies. ArbiSmart is not affiliated with other crypto service providers and is completely unleveraged, licensed, regularly audited and has a clean security record. As one Trustpilot reviewer recently put it
“Nothing more to say than…great work.”
As well as being highly secure and transparent, the ArbiSmart wallet offers exceptionally generous interest rates of over 140% per annum, exceeding those offered by any legitimate competitor in the industry. Winnings are paid daily, with the exact amount earned depending on your account level.
Your account tier is based on how much RBIS, the native token, you own. You get a base return on your capital even if you don’t own RBIS, but the more you own, the higher your account status and the more interest you earn on balances in Bitcoin, USD, or any of the wallet’s other supported currencies. A few other factors also affect your profit potential, including the length of time your capital is tied up in a savings account and the currency of the savings account. When the balance is in RBIS, the interest rate is higher.
These incentives increase demand for the native token required to use all services in the ArbiSmart ecosystem. Also, a number of new RBIS utilities will be launched in Q1 2023, including a DeFi yield farming service, an NFT marketplace and a crypto exchange, which are expected to further strengthen the native token. Significant capital gains are expected for RBIS owners in the coming months, with the latest analyst reports forecasting a rise from the current price of under $50 cents to $2.8 by the end of FY2022-2023.
Crypto security in 3 easy steps
So how can you ensure the security of your crypto? Open an ArbiSmart wallet and store your funds with peace of mind while earning an unprecedented profit.
If you want to open an ArbiSmart wallet, just register and provide the KYC documentation according to EU regulations. If you wish to earn a higher interest rate on your stored capital, you can purchase RBIS in a few clicks from the RBIS administration page on the dashboard.
Click through to the deposit page and deposit funds in either FIAT or crypto and choose from a huge range of supported cryptocurrencies like BTC, ETH, DOGE, XRP and SHIB as well as FIAT favorites like USD, GBP and EUR.
Now go to the Earn Interest page to select the currency, period, method of earning daily interest and deposit amount for your savings plan. Finally, click CONFIRM and you can start earning from day one.
Sign up to ArbiSmart within 72 hours of this post’s publication to receive 30% more on long-term savings plans in a range of supported currencies. Here’s how it works. Let’s say you want to lock 0.5 BTC in a savings plan. Your balance will be increased to 0.65 BTC and you will earn interest on the larger sum. After registering, the promotional offer will be immediately available and displayed on the dashboard. Don’t lose anything, open a wallet today!
*This item has been paid for. Cryptonomist did not write the article or test the platform.
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.