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How the RBIS Token Will Make You a Millionaire in 2021 The Cryptonomist

So, too, ArbiSmart is in the process of developing a virtual environment, with the native token RBIS as the currency for purchasing in-game items within the metaverse, buying land, or executing a wide array of other transactions. These developments are sure to have a positive impact on the RBIS price in the months ahead and they are only a small part of a bigger picture. ArbiSmart’s automated platform is connected to 35 exchanges which it scans 24/7, monitoring hundreds of coins simultaneously, looking for price inefficiencies. These are short periods in which a digital asset is available at different prices across multiple exchanges at the same time.

  • While the listing process only just began in mid-January, RBIS is already available on multiple leading exchanges, like  SushiSwap, and Uniswap, as well as numerous others, with more to come as the coin gains credibility and popularity.
  • The value of the RBIS token continues to rise and provides a valuable way to hedge against a crypto market crash.
  • You will be able to withdraw funds from the program at any point and earn industry high annual percentage yields.
  • Throughout 2022, ArbiSmart will keep listing RBIS, joining even more exchanges, which is likely to have a positive effect on the price.
  • The token has already gone up in worth from 1 EUR to 3.5 EUR in just two years and it is anticipated to rise to twenty times its current value by the close of 2021.

The RBIS listing kicked off at the start of January and the token is already available on leading decentralized exchanges like Uniswap. The listing is an ongoing process and throughout 2022 and beyond, you will be able to buy and sell RBIS on additional crypto exchanges of varying sizes with differing daily trading volumes. Another reason for the steady growth of the RBIS token is that even when the market is crashing, crypto arbitrage opportunities are as pervasive and lucrative as ever.

An active start to 2022 for RBIS and Arbismart

The platform offers a long-term, low-risk investment opportunity with steady, monthly passive profits, and the price of the RBIS token is continuously rising, so ArbiSmart clients have little incentive to part with their tokens. When RBIS is listed, demand will rise, and supply will drop even more, further driving up the value of the token. However, it is the speed with which it is responding to technological developments and launching value-added utilities that is putting it on analysts’ radar. The ArbiSmart project currently offers crypto arbitrage, via an automated trading platform that generates annual passive profits starting at 10.8% and reaching up to 45% depending on the deposit amount.

This means that it is likely to increase liquidity substantially as the token becomes accessible to a much wider audience. The yield farming program generates an unmatched annual percentage yield (APY) of up to 190,000% and you are rewarded with 0.3 % of the trading fees on every https://cryptolisting.org/blog/what-is-meant-by-lifo-and-fifo single trade. RBIS is now available for withdrawal so you can access your tokens and trade them on any of the global exchanges where the coin is already listed. You can choose to withdraw the full balance of your account, or alternatively just make a partial withdrawal.

  • For example, the wallet offers up to 49% interest on balances in all supported FIAT and cryptocurrencies, except for RBIS balances which earn up to 147% a year.
  • Their services include an interest-bearing wallet, an exchange, and an automated crypto arbitrage platform.
  • When deciding whether to put your hard-earned cash into any altcoin, you are looking for a company that is popular and growing steadily, offering products and services with clear value.
  • Since the crypto space is anonymous and critically under-regulated, digital currency investors are particularly vulnerable to hacks and other fraudulent activity.
  • Supply will shrink as demand continues to rise, with the introduction of new services in H2, driving up the token price.
  • These developments are sure to have a positive impact on the RBIS price in the months ahead and they are only a small part of a bigger picture.

Also, by choosing to store your profits in an ArbiSmart savings account that is locked, for a pre-set period, you can make additional passive profits of up to 1% per day. Please note that due to the high volume of requests, your withdrawal may take up to 72 hours to process. Once you have withdrawn your RBIS it will not be possible to redeposit the tokens into your account. While platform deposits in RBIS are not currently an option, we will be adding the feature in the near future.

Token Information

Not only are you earning crypto arbitrage profits of up to 45%, but you are also earning generous compound interest on your capital as well as growing profits from the rising value of the RBIS token. The token has already gone up in worth from 1 EUR to 3.5 EUR in just two years and it is anticipated to rise to twenty times its current value by the close of 2021. This projection is based on the fact that RBIS is set to be listed on the exchanges by the end of Q4 and has a number of new financial services in development that are scheduled for roll out later this year.

In line with a steady growth in demand, as the popularity and liquidity of the platform continues to rise, supply will fall, causing the token price to appreciate. The ArbiSmart ecosystem is FCIS authorized, meaning that it is permitted to operate throughout the European Union, providing a wide spectrum of virtual currency services. This has ensured that the project is perfectly positioned for expansion as it is authorized to exchange cryptocurrency against FIAT and digital currencies, as well as offer wallet services and crypto banking.

Exploring the universe of blockchain wallets on Ethereum and Binance

You can decide to access your entire balance or just make a partial withdrawal and trade your RBIS on any of the exchanges where the token is listed. In this way you don’t lose the advantage of getting in on the ground floor with a token that is set to take off in months ahead. Just like Bitcoin, which ever since its creation has seen temporary drops in value, RBIS is on track to grow over the long term, maintaining an overall upward trajectory.

Crypto Banking

A useful, profit-generating product is critical to the long-term growth of the company and the token that powers it. It doesn’t matter how much buzz there is over a new token, you should run a mile if it doesn’t meet some basic security standards. Since the crypto space is anonymous and critically under-regulated, digital currency investors are particularly vulnerable to hacks and other fraudulent activity. The best way to guarantee that the team behind a token is transparent and trustworthy is to make sure the company is fully licensed and regulated.

Similarly, RBIS is on track to grow over the long term, sustaining an overall upward trajectory. Every exchange has its own protocols and some do not accept withdrawals and deposits via smart contract. As a result, requesting a withdrawal directly to an exchange could lead to the unrecoverable loss of your tokens, making withdrawal to a personal wallet the only secure option.

NFT marketplace & digital collection

In the next couple of weeks, ArbiSmart is introducing a yield farming service, which is likely to dramatically increase RBIS token liquidity. The service will be provided through the decentralized application, Uniswap and in return for the loan of your capital, you will receive up to 190,000% APY. Just contribute to an ETH/RBIS or a USDT/RBIS liquidity pool and receive RBIS tokens as a reward for staking your capital.

So, now that RBIS is listed, anyone who wanted to purchase the token but was prevented from doing so by the regulatory requirements can now buy it freely, on crypto exchanges. This accessibility to a much broader audience has led to a disparity in the RBIS price creating the opportunity to perform a form of type of manual arbitrage, selling the RBIS you hold on the platform at a higher price on an exchange. At the time of writing, the platform price is 13 USD, whereas on exchanges, according to CoinMarketCap, it is currently being offered at 101 USD, so the profit potential is substantial.

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