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It’s been a rough ride for many aboard the crypto roller coaster in 2022, but not all coins have been on a downtrend. In fact, many have found their footing in the bear market and have soared while expanding their services and growing their communities at a rapid pace.
One such coin is RBIS, the token behind it ArbiSmartan interest-bearing wallet and financial services center projected increase to more than seventy times its current value by early 2023.
Grab a huge win
A major reason for the widespread optimism about the RBIS token is its newness wallet which was introduced in July of this year. It offers crypto owners a way to safely store their capital in a secure, EU approved and regulated Account while generating industry’s highest rates of up to 147% per year.
Because the interest rate stays the same no matter which way the market moves, you can continue to make a consistent profit in both a downturn and an upturn, and this bear resistance has made it an attractive choice for crypto over the past couple of years -Owner made months.
The wallet supports 25 FIAT and cryptocurrencies, including leading traditional currencies such as EUR, USD and GBP; Crypto A-listers like BTC, ETH, XRP and COMP as well as popular rising stars like APE, AXS, GALA and MANA.
Funds can be kept accessible and stored interest-free, or placed in a blocked savings account for periods of 1 and 3 months, or for longer periods of 2, 3 or 5 years, with longer plans generating higher interest rates. How the interest is received is also flexible. It can be withdrawn every day to an available balance where it can be withdrawn at any time or added to the blocked balance along with the funds on which it is generated, in which case the rate is higher.
The wallet holder’s interest rate is determined by their account balance, which depends on how much RBIS they hold. Regardless of whether their savings are in BTC, SHIB or EUR, the more RBIS they hold, the higher the profit from the plan.
If the wallet holder chooses to open a savings plan in RBIS, they will receive triple the interest rate earned from savings plans in any other supported currency. However, if they prefer to keep their balance in Bitcoin or USD, they can still increase their profits by opting to receive their interest in RBIS.
The Arbitrage Advantage
Another popular utility in the ArbiSmart ecosystem right now is this automated crypto arbitrage Service that offers excellent protection against falling prices.
As with the wallet, the effort is low. Users simply deposit funds, which are automatically converted into RBIS and then used to conduct crypto arbitrage. This is a low-risk strategy that takes advantage of the fact that a coin can be temporarily available on multiple exchanges at the same time at different prices. These brief price differences occur for a variety of reasons such as: B. a difference in trading volume between a smaller and a larger exchange, and they occur regardless of market direction.
It works in such a way that ArbiSmart’s system is integrated almost 40 exchanges, monitors a massive amount of coins 24/7. When it finds a price difference, it buys at the lowest price offered and sells at the highest price in a split second, automatically making a profit before the price difference disappears.
From Marketplace to Metaverse
Rather than wait for the bearish trend, the ArbiSmart development team has shifted into high gear for the second half of 2022.
A number of new utilities will be rolled out in the coming months, starting with a mobile application that will allow users to buy, exchange, store and sell crypto. This is followed immediately by the release of a decentralized yield farming service with unique gamification features. A will be introduced in Q4 NFT Marketplace, where users can buy and sell non-fungible tokens, and this will be accompanied by the launch of an exclusive collection of fully original ArbiSmart NFTs. In addition, the developers plan to launch a major crypto exchange as well as a Play to Earn Gaming Metaverse.
Each of the services in the ArbiSmart crypto ecosystem offers its own individual revenue stream from gaming to liquidity mining and trading, but they are also all interconnected, resulting in higher profits when more than one service is used through the hub. For example, holding an ArbiSmart NFT can increase a liquidity provider’s APY, or it can be used by a player to increase their score in the Metaverse.
How all these factors affect the RBIS price
As with the automated crypto arbitrage system, utilizing any new services in the development pipeline will require RBIS for the coming weeks and months. Also remember that holding RBIS is also required to earn interest on funds stored in an ArbiSmart wallet.
The number of tokens that can ever be created is finite, permanently capped at 450 million RBIS. So, as demand increases, the token supply will continue to shrink.
Demand will quickly outstrip supply and push the RBIS price higher as the wallet gains momentum and the new RBIS utilities are added ecosystem. This price increase will provide RBIS holders with fantastic capital gains in addition to gains from using the individual ArbiSmart services.
To make a profit on your crypto no matter what direction the market moves, Open a wallet today!
* This item has been paid for. Cryptonomist neither wrote the article nor tested the platform.
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