As the downtrend continues into the fall, Bitcoin holders have seen the currency fall below the $20,000 threshold and the market is still falling. Still, this doesn’t mean that crypto owners should abandon digital assets or just sit around and wait for prices to recover.
In fact, under the current market conditions, some coins are actually increasing in value, such as B. RBIS, the token behind the ArbiSmart Project. ArbiSmart is a rapidly growing financial services ecosystem. It offers a number of bear-resistant utilities that have made it a popular choice among crypto investors, and according to analysts, RBIS will climb to 30x its current value by the end of the year and climb even further in the first quarter of 2023.
The perfect project in the crash
When it comes to making money from your crypto in a bear market, many of the options are exceptionally risky or require constant market monitoring.
However, ArbiSmart’s automated crypto arbitrage service allows users to deposit funds and let the algorithm take over. It converts the funds into the native token RBIS and uses them to generate reliable passive profits of up to 45% per year. The exact amount depends on the size of the investment and stays the same no matter what direction the market moves.
Crypto arbitrage works by exploiting price inefficiencies. These are short periods of time when a coin is available at different prices across exchanges at the same time. Inefficiencies occur constantly in all types of market conditions and there are numerous causes such as: B. A difference in trading volume between a larger and a smaller exchange.
ArbiSmart’s automated system connects to 35 exchanges, where it tracks hundreds of crypto assets 24/7, looking for temporary inefficiencies. It buys the asset at the lowest price offered and then immediately sells it at the highest price offered to make a profit on the spread.
Another way ArbiSmart is enabling crypto owners to make steady profits, even in a bear market, is through the recently launched interest-generating wallet. Users get the same level of interest in a bull or bear market and earn unmatched interest of up to 147% on 25 different supported FIAT and cryptocurrencies.
Funds can be held interest-free or held in savings plans for periods of 1 month, 3 months, 2 years, 3 years or 5 years, with better returns the longer the money is tied up. Interest paid daily can also be sent to an available balance where it is always available, or added to locked savings where it is earned at a higher interest rate.
The exact amount of interest a wallet holder earns is determined by their account balance, which is based on how much RBIS they own. The more native tokens they hold, the higher interest rate they earn on balances in every supported currency from BTC and ETH to EUR and USD.
Wallet holders can open a savings plan in RBIS to earn a rate three times higher than plans in any other currency. However, if they wish to keep their savings plan in a preferred currency without converting it to RBIS, they can do so and still increase their earnings by opting to receive daily interest in RBIS.
Major expansion efforts
The ArbiSmart ecosystem is in the midst of a massive growth spurt that began in July with the launch of the new wallet. At the end of Q3, the development team is scheduled to launch a mobile application for buying, exchanging and storing digital assets, and this will be almost immediately followed by the release of a DeFi protocol that will be different from all others today as it will be uniquely gamified -Functions.
The protocol will allow yield farmers to lend funds and provide liquidity for rewards that include up to 190,000% APY plus 0.3% of fees charged for each trade.
In Q4, the team will also release a marketplace for buying and selling non-fungible tokens (NFTs) and an exclusive ArbiSmart collection of unique digital artworks. This is followed by the launch of a cryptocurrency exchange as well as a play-to-earn metaverse where participants can buy, build and sell virtual properties for actual profit.
This long list of new ArbiSmart services is being rolled out in quick succession, offering several new potential revenue streams, from yield farming and NFT investing to trading and gaming.
All of these new utilities will be linked together, which means that using one service will ensure better terms when using another. For example, by purchasing an ArbiSmart NFT, a yield farmer benefits from a digital investment and an opportunity to improve their score on the DeFi protocol and increase their APY.
200% increase in just 2 weeks
The RBIS token has already gained over 200% in value over the past two weeks and continues to rise at an accelerated pace. This is due in large part to ever-increasing token demand.
All ArbiSmart ecosystem services require the use of the RBIS token. With the increasing popularity of the crypto arbitrage system due to the fact that it offers a large hedge against falling prices and the growing momentum of the new wallet, token usage will increase.
Since its launch in July this year, the wallet has grown in importance, and as more people add RBIS to long-term, locked-down savings plans and phase them out, the supply available will diminish. Demand will continue to grow with the launch of each of the many upcoming RBIS utilities in the pipeline for this winter.
The supply of tokens is finite, which means there is a permanent limit to the amount that can be created. Thus, as the growing token demand outstrips the shrinking supply, the RBIS price will skyrocket, earning RBIS holders profits from the rising token value. RBIS keeps rising according to analyst estimates, and now is the time to jump in before it becomes unaffordable.
Crypto investors who want to make profits with their Bitcoin or other cryptocurrencies even in a bear market can start earning from today Open a wallet now!
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