Crypto

A guide to buying and trading crypto safely – The Cryptonomist

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In the aftermath of the FTX collapse and its contagion, digital asset holders are understandably concerned about the safety of their crypto capital.

In this guide, we will explore how you can know who to trust and what security indicators to look for when choosing a home for your cryptocurrency.

How to keep your crypto safe

There are a number of boxes you need to tick when determining how to store your crypto, and any wallet provider or exchange you choose must meet the criteria below:

  • Holds local licenses, with relevant jurisdictional permissions and registration
  • Does not use the native token as a way to manipulate market valuation for over-leveraged positions
  • Holds funds securely, thanks to strict technological security measures
  • Maintains accurate records regarding company employees and cash reserves
  • Company and user funds are held separately
  • Submits to regular and rigorous external audits
  • Complies with regulatory requirements for risk management, AML, KYC and KYT

Recently, the crypto news and analysis site Cryptomonitor identified a particular financial services portfolio and ecosystem as a major potential contributor to restoring investor confidence.

Arbismart (RBIS) meets all of the above requirements to make it a reliable and transparent depository for user funds. It worked with EU registration and authorization, holding the correct licenses since its inception in early 2019. To date, the project has never experienced any hacks or security breaches and all customer and company funds are held separately, so user capital cannot never be used for business expenses. ArbiSmart is not affiliated with FTX or any other platform and is not operated in any way. Funds are protected using the strictest technological protocols and all records are meticulously maintained and secured.

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In addition to providing a wallet that offers unparalleled security, to support investors in the current bear market, ArbiSmart also offers unparalleled trading and buying opportunities.

How to Buy Crypto Safely, Transparently (and Profitably)

When buying and trading crypto, only two things really matter: the security of the transaction and the cost. As we have seen, ArbiSmart’s security credentials are clear and its purchase process is very transparent.

When buying assets through the dashboard, you can choose from almost 30 FIATs and cryptocurrencies. The transaction fees are among the lowest in the industry and you can also choose to receive a discount ranging from 10% to 50% on the actual purchase.

The specific terms of each rebate option are clearly defined before purchase, including the length of the vesting period, the minimum purchase amount and, in some cases, the amount of RBIS, the native token, which must also be locked during the vesting period.

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For example, you can choose to buy €5,000 worth of Ethereum. A table will then automatically appear showing the discount options and conditions. If you choose the 20% discount, you will have to pay €4,000, knowing that after the acquisition period specified in the table, you will receive ETH equivalent to €5,000.

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So what ?

Once you have purchased currencies with ArbiSmart and the vesting period is over, they can be withdrawn or stored in an ArbiSmart wallet savings plan, with the amount you earn determined by the length of the plan, the currency and your Account status.

The use of RBIS, the native token, is encouraged as your account level is based on the amount of RBIS you own. So more RBIS means a higher interest rate on balances in Bitcoin, Dogecoin, Euro or any other supported currency. Also, if the balance is in the RBIS, the interest rate will be higher. This will drive demand for the token, as will the planned launch of a series of new utilities in early 2023, including a wallet app, a DeFi yield farming protocol with never-before-seen amification features, an exchange crypto professional, an NFT Marketplace and collection of exclusive NFTs. It is therefore not surprising that recent analyst projections predict an increase in the value of the currency from less than $0.5 to $2.87 by the end of the first quarter of 2023!

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As one of the safest and most reliable players in the industry, ArbiSmart is able to get better and better, even if other projects are losing ground.

If you register with ArbiSmart and lock EUR 5,000 of assets in a savings plan for min. 24 months, within 3 days of this article going live, ArbiSmart will give you a bonus of up to 35% in your plan currency. Open a wallet nowclaiming your bonus by sending a chat request on the platform, referring to this article.

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*This item has been paid for. The Cryptonomist did not write the article or test the platform.


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#guide #buying #trading #crypto #safely #Cryptonomist #Crypto

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