A Guide to Crypto Savings Plans to Earn Interest on Bitcoin and Dogecoin
There are countless ways to monetize your crypto, from HODLing to betting, gambling, swing trading and NFT investing.
But by far the safest and most consistently profitable way to invest Bitcoin is to open a wallet savings plan.
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 transactions.
- Minimal effort – no market analysis or management of open positions required
- No risk – the profit remains the same regardless of which way the market moves
- High interest – profits well over a hundred times that offered by traditional banks
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 suit your specific crypto needs.
The wallet provider that is currently growing faster than any other in the market is the ArbiSmart interest bearing wallet and crypto services ecosystem.
The EU-authorized platform, first introduced in 2019, generates the highest prices in the industry and has a solid reputation for delivering reliable service, secure storage and consistent, predictable profits.
For this reason, we are going to use ArbiSmart as a use case for how profit can be made with a savings plan and what features to look for.
Wear resilience
ArbiSmart is able to achieve reliability and consistency by using a zero-risk, bear-proof strategy for invested funds that offers a hedge against falling prices.
ArbiSmart performs automated crypto arbitrage on funds held in savings plans, generating profits by exploiting temporary price inefficiencies across exchanges.
These are short periods where a cryptocurrency is available at different prices at the same time.
Occurring with the same regularity, regardless of which direction the market is moving, price inefficiency is often the result of 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 differences.
Capable of handling multiple transactions simultaneously, the algorithm identifies price inefficiencies, buys the coin at the lowest available price, and then sells at the highest to profit from the spread.
Flexible savings options
ArbiSmart’s wallet holders can choose to easily store funds securely interest-free, if their priority is to be able to access their funds at any time.
Alternatively, they can lock funds in a savings plan. Plans can expire after just 1 or 3 months, or they can expire after extended time frames of 2, 3 or 5 years.
The longer the funds are locked up, the higher the interest rate will be.
Wallet holders can also choose from 25 different supported currencies, choose popular coins like BTC, ETH and SHIB, or FIAT currencies like EUR, USD and GBP.
Wallet holders also have a number of options for how to receive the interest, which is paid out 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 interest rate, they can lock it in the savings balance along with the capital it was earned on.
Finally, for the highest return, they can convert the daily interest rate to the original token, RBIS, even if the savings plan is in another currency, and place it in a locked balance, until the plan expires.
Consistent industry-high return
ArbiSmart wallet holders can earn up to 147% interest a year, the highest rate of any legitimate competitor in the space.
The exact amount a wallet owner earns will depend on the account level.
Account status is based on how much RBIS they own, so more RBIS means a higher interest rate on savings plans in Bitcoin, Euro or other supported currency.
The return is completely predictable, and whether the market is in downturns or booms, the rate will remain the same and can be calculated in advance, before opening a savings plan.
To be eligible to earn interest at all with an ArbiSmart Wallet Savings Plan, a Wallet Holder must have a Novice Level 1 account status, which requires ownership of 1,000 RBIS.
To earn more from Bitcoin or other preferred currency, they need to buy more RBIS to upgrade to a higher account level.
A savings plan can be opened in any of the 25 different currencies supported by the ArbiSmart wallet, but an RBIS balance will yield higher returns 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 can be accomplished in minutes:
- Register with ArbiSmart
- Buy a minimum of 1000 RBIS via an exchange or with just a few taps through RBIS management tab in the dashboard menu.
- Go to Deposit tab and deposit capital in one of 25 supported currencies
- Switch to Earn interest and select a currency and period for the plan
- Decide how you will receive the daily profit
- Enter a deposit amount and click confirm
- Interest will start accruing already from day one.
What other sources of profit can be generated?
When opening a savings plan, it is worth noting the overall health of the project providing the wallet, evaluating the strength of the token and considering any other crypto products and services that it may offer.
For example, ArbiSmart’s original token is consistently rising in value even as Bitcoin and other established coins continue to fall in value. Analysts predict an increase to 25 times the coins’ current value by the end of 2022, with even better gains in 2023.
A main reason for this is that with an increasing number of crypto owners looking for a consistent profit in a bear market, more ArbiSmart wallets are being opened. To be eligible to earn interest on wallet savings plans, ownership of RBIS is required, so token demand increases.
As an increasing amount of RBIS is locked into savings plans and taken out of general circulation, the supply of RBIS, which is limited, is shrinking. When the demand exceeds the available supply, the RBIS token price will rise even higher.
There is also another factor putting pressure on the limited RBIS supply and driving token demand.
Between now and the end of Q1 2023, ArbiSmart’s development team is adding a number of new services to the ArbiSmart ecosystem, all of which will require the use of the RBIS token and will offer their own individual sources of income.
Trading, gaming, collecting and yield farming
In the fourth quarter of this year, ArbiSmart will introduce a new mobile application for buying, storing and exchanging cryptocurrency.
This will be immediately followed by the release of a marketplace for buying and selling non-fungible tokens, an ArbiSmart NFT collection and a DeFi protocol, with unique gamification features.
The protocol will enable farmers to borrow funds and provide liquidity for rewards of up to 190,000% APY plus 0.3% of fees for each trade.
Then, in the 1st quarter of 2023, ArbiSmart will launch a cryptocurrency exchange as well as a play-to-earn metaverse, with RBIS as the in-game currency, where visitors will be able to earn real profits for buying, selling and developing virtual plots .
Capital gains
All these tools will require the use of RBIS, which increases demand, which will increase further as the services are interconnected.
For example, An ArbiSmart NFT will not only serve as an art investment, but will be able to increase a yield farmer’s score in the DeFi protocol and increase their APY, or it can serve as an in-game element in the metaverse.
There will also be financial benefits to using the RBIS token, such as a discount if exchange fees are paid in RBIS.
All these factors will help to increase the token price, generating potentially huge capital gains in addition to income from savings plans or any of the other RBIS tools.
For 72 hours from the publication of this article, ArbiSmart is offering a special promotion.
Anyone who opens a new Wallet Savings Plan over this three-day period will receive 1,000 points FREE.
This will make them eligible to earn interest on savings plans in all supported currencies, from day one, without having to purchase RBIS.
To receive the 1000 free points, open a savings plan now!