Leading the pack is RBIS, the native token of ArbiSmart. RBIS is one step away from exploding, with a series of new developments in the pipeline, designed to expand the project into a multi-utility, EU authorized crypto ecosystem. It has just started to be listed on exchanges and token demand is set to rise significantly in the year ahead.
Existing Passive Profit Channels
Currently, ArbiSmart offers various ways to generate a passive profit, while providing a hedge against a falling crypto market.
ArbiSmart’s automated crypto arbitrage platform takes advantage of price inefficiencies – instances where a cryptocurrency is available on a number of exchanges at different prices at the same time. An algorithm scans 35 exchanges for price inefficiencies 24/7. It buys the cryptocurrency on the exchange where the price is at the lowest and then sells it for a profit on the exchange where the price is highest.
Since price inefficiencies occur with equal regularity, whether the crypto market is soaring or sinking, ArbiSmart provides a hedge against a crash, as you will continue to generate a consistent profit, even if the market collapses.
ArbiSmart passive profits from crypto arbitrage can be calculated in advance. Annual yields range between 10.8% and 45%, depending on the size of the deposit, to which compound interest is added monthly.
Passive profits can also be earned for locking your crypto in an ArbiSmart long-term savings account for a chosen time period. Interest can reach as high as 1% a day, depending on the currency, deposit amount and the time frame for the lock on the funds.
Spring Bringing New Growth
In January, the RBIS listing process began. The token has already been added to a number of prominent exchanges including Uniswap, LAToken, Coinsbit, HitBTC, and SushiSwap. In time, as more of the larger, well-known exchanges list RBIS, the token’s liquidity levels and trading volume are likely to increase steadily, incentivizing more big names to follow their lead.
Every exchange listing means another community of traders gets introduced to RBIS extending its reach to a wider audience, boosting recognition, and further establishing the token’s viability as an investment and driving demand.
In addition to the continuation of the listing process, the coming weeks and months will see the launch of a number of RBIS utilities. Firstly, this month, ArbiSmart is introducing a decentralized yield farming program.
The new decentralized service will introduce RBIS to a wider global audience and should further increase token liquidity. The program will be offered, via UniSwap, using an ArbiSmart interface that will allow the easy tracking and performance of yield farming activity.
Contributions can be made to an ETH/RBIS and a USDT/RBIS liquidity pool, and you can withdraw your capital at any time. Participants receive 0.3% of the fees on every trade, on top of highly competitive annual percentage yields that reach as high as 190,000% APY.
Then, this spring, the ArbiSmart development team will be aiming to drive RBIS demand even higher with the release of an NFT marketplace. 10,000 unique pieces of digital art will be individually authenticated using non-fungible tokens (NFT’s), which will only be purchasable with RBIS.
Later in Q2, ArbiSmart will also be introducing an interest-generating wallet that will offer profits of up to 45% a year.
Sustaining Long-term Growth
The ArbiSmart roadmap is jam-packed through the second half of 2022. For example, later this year a mobile application supporting both iOS and Android will be launched, to enable the secure exchange, purchase, and storage of crypto, with ArbiSmart from any location.
Additional RBIS utilities in the pipeline for 2022 and beyond include a suite of crypto banking services including IBANs, payment service solutions and crypto debit cards. ArbiSmart will also be introducing its own exchange as well as a launchpad for potentially lucrative new digital assets.
The more services that are introduced, powered by RBIS, the higher the demand is likely to rise. However, the token supply is finite, and the amount that can ever be created is permanently limited. So as demand outstrips supply, the price should rise accordingly.
With all these developments on the way the RBIS token looks likely to make a big splash in 2022, taking its place alongside other major breakouts like Cardano and Solana. To get hold of RBIS while it is affordable, before the price soars, buy now!
The post This Coin Is Joining XRP and Cardano in the Crypto Top 10 appeared first on cryptodailynews24.com.