There are countless ways to make a profit from your crypto, from HODLing to staking, gaming, swing trading, and NFT investing.
What are the benefits of crypto savings plans?
Savings plans offer a predetermined, predictable return, in both bull and bear markets, without requiring hours spent in front of a screen monitoring prices and executing trades.
- Minimal effort – no market analysis or management of open positions required
- No risk – profits stay the same no matter which direction the market moves
- High interest – profits well over a hundred times higher than those offered by traditional banking
What should you look for in a crypto savings plan?
The best savings plans offer high rates through a secure wallet while allowing you to tailor your savings plan to your specific crypto needs.
The wallet provider that is currently growing faster than any other in the market is the interest-bearing ArbiSmart wallet and crypto services ecosystem.
The EU Authorized Platformfirst introduced in 2019, generates the highest rates in the industry and has a solid reputation for reliable service, secure storage and stable, predictable profits.
For this reason, we will use ArbiSmart as a use case for how to make profit with a savings plan and what features to look for.
Bear Resilience: ArbiSmart is able to achieve reliability and consistency by using a zero-risk, bear-resistant strategy for invested funds that provides hedging against price declines.
ArbiSmart performs automated crypto-arbitrage on funds held in savings plans, which generates a profit by exploiting temporary price inefficiencies on exchanges. These are short periods during which a cryptocurrency is available at different prices at the same time.
Occurring with the same regularity regardless of the direction in which the market moves, price inefficiencies often result from a disparity in trading volume or liquidity between a smaller exchange and a larger one.
ArbiSmart’s crypto-arbitrage platform is integrated with nearly 40 exchanges, where the algorithm monitors hundreds of coins 24/7, looking for price disparities.
Capable of handling multiple trades simultaneously, the algorithm identifies price inefficiencies, buys the coin at the lowest available price, then sells at the highest to make a profit on the spread.
Flexible savings options: Holders of ArbiSmart wallets can choose to simply store funds securely without interest if their priority is to be able to access their funds at all times. Alternatively, they can block funds in a savings plan.
Plans can expire after only 1 or 3 months, or they can expire after extended periods of 2, 3 or 5 years. The longer the funds are blocked, the higher the interest rate will be.
Wallet holders can also choose from 25 different supported currencies, choosing popular coins such as BTC, ETH and SHIBor FIAT currencies such as EUR, USD and GBP.
Wallet holders also have a range of options for how to receive interest, which is paid daily. First, they can send the daily interest to a special, available balance, from which it can be withdrawn at any time.
Second, for a higher rate, they can lock it into the savings balance with the capital it was earned on. Finally, for the highest return, they can convert the daily interest to the native token, RBIS, even if the savings plan is in a different currency, and place it in a locked balance, until the expiry of the plan.
Constant and high yields in industry: Holders of ArbiSmart wallets can earn up to 147% interest per annum, the highest rate of any legitimate competitor in the space.
The precise amount a wallet owner earns will depend on their account level. Account status is based on the amount of RBIS they have, so more RBIS means a higher interest rate on savings plans in Bitcoin, Euro, or any other supported currency.
The returns are completely predictable, and whether the market is down or up, the rate will remain the same and can be calculated in advance, before the opening of a savings plan.
To be eligible to earn interest with an ArbiSmart wallet savings plan, a wallet holder must have a Beginner Level 1 account status, which requires possession of 1,000 RBIS.
To earn more on their Bitcoin or other preferred currency, they need to buy more RBIS to upgrade their account.
A savings plan can be opened in any of the 25 different currencies supported by the ArbiSmart Wallet, but an RBIS balance will generate a higher return than balances in any other currency.
User-friendly setup: Simplicity is key, and this is another area where ArbiSmart sets the standard. Opening a savings plan is easy enough for anyone to do, and it can be done in minutes:
- Register with ArbiSmart
- Buy a minimum of 1,000 RBIS through an exchange or with a few clicks through the RBIS Management tab in the dashboard menu.
- Go to the Deposit tab and deposit capital in any of the 25 supported currencies
- Switch to the Earn interest tab and choose a currency and period for the plan
- Decide how to receive daily benefits
- Enter a deposit amount and click confirm
- Interest will begin to accrue from day one.
What other sources of profit can be generated?
When opening a savings plan, one should note the general health of the project providing the wallet, assess the strength of the token, and evaluate any other crypto products and services it may provide.
For example, the value of ArbiSmart’s native token is constantly increasing, even though Bitcoin and other established coins continue to lose value. Analysts predict a 25x increase in the current coin value by the end of 2022, with even better gains in 2023.
One of the main reasons for this is that with an increasing number of crypto owners looking for consistent profit in a bear market, more ArbiSmart wallets are being opened up. To be able to earn interest on wallet savings plans, ownership of the RBIS is required, so the demand for the tokens is increasing.
As an increasing amount of RBIS is tied up in savings plans and withdrawn from general circulation, the supply of RBIS, which is finite, is shrinking. Once the demand exceeds the available supply, the price of the RBIS token will increase even more.
There is also another factor that is putting pressure on the tight supply of RBIS and driving the demand for the tokens. By the end of Q1 2023, the ArbiSmart development team is adding a suite of new services to the ArbiSmart ecosystem, all of which will require the use of the RBIS token and offer their own individual revenue streams.
Trading, Gambling, Gathering, and Yield Farming
In the fourth quarter of this year, ArbiSmart will launch a new mobile application for buying, storing and trading cryptocurrencies.
The protocol will allow yield farmers to lend funds and provide liquidity for rewards of up to 190,000% APY plus 0.3% fees on each transaction.
Then, in the first quarter of 2023, ArbiSmart will launch a cryptocurrency exchange as well as a play to win metaverse, with RBIS as the in-game currency, where visitors will be able to earn real profits by buying, selling and developing virtual plots of land.
All of these public services will require the use of RBIS, which will increase demand, which will be further increased by the interconnection of services. For example, an ArbiSmart NFT will not only serve as an investment in art, but can also increase a yield farmer’s score in the Challenge protocol increasing their APY, or it can serve as an in-game item in the metaverse.
Additionally, there will be financial benefits to using the RBIS token, such as a rebate if exchange fees are paid in RBIS.
All of these factors will contribute to driving up the token price, generating potentially huge capital gains on top of income from savings plans or any of the other RBIS utilities.
For 72 hours from the publication of this article, ArbiSmart offers a special promotion. Anyone who opens a new Wallet Savings Plan during this three-day period will receive 1,000 points for FREE.
This will allow them to earn interest on savings plans in all supported currencies, from day one, without having to purchase RBIS.
To receive the 1,000 free points, open a savings plan now.
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