Use This Strategy To Safely Double Your Crypto By December 2022
One of the best strategies for making safe money from your digital assets, in a bull or bear market, is to open an interest-bearing wallet.
Why? Because it involves no effort and minimal risk, while providing a steady stream of interest that will constantly increase your balance whether the market goes up or down.
It’s also so simple, anyone can do it.
Step 1: choose the best wallet
The best wallet will be highly secure, offer a wide range of supported currencies, a wide choice of savings plans, and of course generous interest rates.
One of the main competitors in the market right now is a newcomer. ArbiSmart is a crypto financial services ecosystem that has introduced a EU authorized interest-bearing portfolio last month, which generates profits of up to 147% per year.
Users can choose to benefit from European registration and authorization from ArbiSmart to simply store their capital securely, without interest, or they can open a savings plan where the funds are blocked, for periods of time. a month, 3 months, 2 years, three years or five years. years, earning higher interest the longer the funds are blocked.
The wallet currently supports 25 different FIAT and cryptocurrencies, including popular traditional currencies like EUR, USD, and GBP, as well as the biggest names in crypto from BTC, ETH, BNB, and COMP, to APE, MANA, SHIB and AAVE, as well as many others.
The flexibility of the wallet also means that users can choose how to receive interest, which is paid daily. It can be sent in a separate, available balance where it is accessible 24/7, or it can be added to the locked balance, alongside the principal on which it is generated to earn a higher rate of interest raised.
Step 2: Maximize your profit potential
Once you have your wallet you need to see if they offer a way to increase your bottom line and it often depends on the structure of the project token economy.
Going back to our ArbiSmart example, you can significantly optimize your profits by buying the native token, RBIS.
The more RBIS you have, the higher your account level, and your account level decides how much interest you receive. In other words, by buying RBIS, you will earn a higher rate on your Bitcoin or Euro balance.
Another important motivating factor is that RBIS balances earn three times more interest than balances in any other currency. If you choose not to convert your FIAT or crypto to RBIS, you can still maximize your profits by choosing to receive only daily interest on your savings in RBIS.
The wallet hasn’t been around for long, but since its launch in July 2022, it has steadily gained a growing user base. As the demand for tokens increases, with more people locking RBIS into wallet savings plans, the number of tokens available in general circulation will decrease. The supply of RBIS is already limited, and as demand exceeds supply, the price will rise, resulting in significant capital gains. In reality, analysts predicted a massive increase in the value of the RBIS token from the current price of less than $1 to $14.5 by the end of the year!
These capital gains will increase even further with the introduction of several additional utilities in Q3 and Q4 2022, all of which will require the use of the RBIS token. It is also important to note that each of these services will also offer its own independent revenue stream, such as gaming, cash mining, NFT trading and more.
Step 3: Look for ways to supplement your profits
Later this quarter, ArbiSmart is launching a mobile app that will allow users to buy, store, trade, and sell crypto. At the same time, the development team will also launch an NFT marketplace, in addition to an exclusive collection of thousands of unique digital artworks. This will almost immediately be followed by the launch of a decentralized yield farming program that will reward liquidity providers with 0.3% of the costs of each transaction plus up to 190,000% APY. By the end of the year, ArbiSmart also plans to introduce a game-to-win metaverse, as well as a professional cryptocurrency exchange.
All of these services are linked and using one service will ensure more attractive terms when using any other in the ecosystem. For example, an NFT purchased from the market can be used as a game item in the metaverse. Holding an ArbiSmart NFT will also guarantee a higher APY in the yield farming program.
By choosing a high-interest, EU-authorized wallet that operates in a growing financial services ecosystem offering multiple revenue channels, you can easily double or triple your crypto no matter which direction the market is moving.
To start profiting from your digital assets in just 24 hours, open an ArbiSmart wallet today!
*This item has been paid for. The Cryptonomist did not write the article or test the platform.
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