As 2023 begins, now is the perfect time to consider optimizing your earning potential from your crypto assets and if there are steps you can take to ensure a safe, lucrative year.
Make money at every step of the investment process
Find as many ways as you can this year to make money, even if you are not actively investing.
For starters, you can make money from the process of buying crypto. A project with a unique program that makes this possible is ArbiSmart (RBIS), a popular hub for wallets and financial services launched in 2019.
The discount program allows you to buy crypto and get between 10% and 50% discount. This means you can buy $1,000 worth of ETH at a 30% discount and only pay $700, but get the full $1,000 worth of Ethereum when the lock-up period is over.
You can set the discount amount based on different conditions. These include the length of the vesting period, the currency and amount being purchased and, in certain cases, whether a certain amount of RBIS, the native token, is locked for the duration of the vesting period.
Once you’ve purchased your cryptocurrency, when it’s not being used for trading, it needs to be kept in a wallet and can also be monetized. There are many interest bearing centralized wallets in the market and it is advisable to check the security, reliability and profitability of the wallet you choose.
If you continue with our ArbiSmart example, you can deposit your money into one of the wallet’s savings plans and earn industry standard returns of up to 147% per year. The exact amount you earn depends on your account level (which increases the more RBIS you own), the duration of the savings plan (between 1 month and 5 years) and the currency of the plan. Plans can be opened in nearly 30 different FIAT and cryptocurrencies, with balances in RBIS earning significantly more than balances in other currencies.
Strengthen the security of your financial assets
Any crypto investor who witnessed the collapse of FTX and its knock-on effect on other major industry players in 2022 will be eager to strengthen their defenses and protect their crypto assets in 2023.
So when deciding where to store and exchange your funds, make sure the platform you use is locally licensed, complies with KYC/AML documentation requirements, is audited to ensure there are reserves for coverage of all client funds, are not excessively leveraged, and client funds are separated from the company’s. The easiest way is to check what people are saying about them on social media and read customer reviews on sites like Trustpilot to get an honest opinion on whether the payments are fast and the platform is reliable.
ArbiSmart, for example, is not only EU-registered and authorized and meets some strict security standards, but also has a good reputation in the crypto community. A recent article from crypto analytics and news site Kryptomonitor credits the project with helping restore investor confidence in crypto, among a few others.
Take advantage of new crypto investment opportunities
Seize the opportunity to diversify with new types of investments in 2023. Whether you’ve been swing trading, betting or just HODLing for the past year, it might be time to try something new. Expand your horizons, try something new and make sure you don’t settle for a basket or two.
For example, in the first half of 2023, ArbiSmart is launching a suite of new RBIS services, including a professional-grade crypto exchange, an NFT marketplace, and a DeFi protocol that will offer a new gamified dividend farming program that helps you grow your Increase betting profits with exclusive ArbiSmart NFTs with unique properties. These new investment opportunities are designed to serve as new crypto revenue streams while increasing the value of the original token and generating significant capital gains.
Make 2023 the year you take your crypto investments to the next level by turning every crypto purchase and every moment your money just sits in a wallet into an opportunity to profit. Start the new year off right and open an ArbiSmart wallet today!