This Coin will More than Triple Your Bitcoin and Ethereum Profits
The world of crypto trading can be insanely profitable, but along with the potentially huge rewards it can be very time-consuming and comes with significant risks. One way that many investors are now taking advantage of the lucrative crypto markets, safely, effortlessly and without the exposure, is with crypto staking.
How Does Staking Work?
You can benefit from crypto staking, by keeping your coins in an e-wallet, or staking pool, to support a certain blockchain network. You will receive staking rewards for allowing your funds to be locked, for a set period, so they can be used to float network operations.
Crypto staking is gaining in popularity, as unlike mining, there are no overheads, while the returns can be generous. The size of your profits will depend on a variety of factors from the amount locked, the time frame for the stake, the size of the staking pool, the value of the staked coin and more.
The Pros and Cons of Staking
The main advantage of staking is that your coins are only being loaned out and you retain full ownership. It generates a passive income, without requiring you to lift a finger and you don’t need hundreds of thousands of euro and years of experience to get on board. It is simple, fast and far, far less risky than trading. Also, staking more coins will lead to greater profits, so in addition to earning profits from staking itself, the value of the coin is likely to grow as well, providing a secondary source of revenue.
The primary disadvantage of staking is the volatility of certain coins, meaning that a crash in the value of the staked coin can devalue your entire investment. So, you need to choose wisely when staking, taking into consideration whether the coin has usability – a real-world application, or has simply been issued for the purpose of staking. It should also be noted that for the entire staking period your funds are illiquid and cannot be used for any other purpose.
One final factor to consider, is the fact that the crypto arena is highly under-regulated, so you need to be careful as many wallets and exchanges are far from trustworthy and are not powerfully protected, while leaving you with very little recourse in the case of a hack or fraud.
A Safer, More Sizable Passive Income
The best way to protect your funds is with a fully licensed platform that offers a valuable service, with a strong native coin. One company that is leading the way in this regard is ArbiSmart, an EU licensed, fully automated crypto arbitrage platform. The company’s regulatory status guarantees investor safety as it requires external auditing, client capital, insurance in case of a hack, the separation of client and company accounts, sufficient funds to cover all operational capital, high level IT security checks, as well as the implementation of strict AML/KYC measures to verify the identification of all users and prevent money laundering and fraud. This transparency and commitment to security goes a long way to explaining how the company has gained and maintained an excellent online reputation within the crypto community, for meeting its profit guarantees and offering dedicated, personal support.
You simply sign up and deposit funds, and then you can get on with your day, while the platform earns you a passiev income. Once you have funded your account, your money is automatically converted into the platform’s native token, RBIS and used for crypto arbitrage trading. ArbiSmart’s automated crypto arbitrage platform is able to ensure exceptionally low risk and great returns because arbitrage is a strategy that allows users to profit, without being vulnerable to crypto market volatility, by taking advantage of short-term price discrepancies. These are instances where a coin is available on different exchanges, at different prices at the same time.
The way it works is that ArbiSmart is connected to 35 different exchanges which it scans, 24/7, to find price disparities. Its AI-based algorithm then automatically buys the coin at the lowest available price and then sells it on the exchange where the price is highest to make a profit before the temporary price difference resolves itself. It’s worth noting, that unlike its closest competitors, with average rates of 10-12%, ArbiSmart profits start at 10.8% and can reach as high as 45% a year, depending on the size of your investment!
The main benefit of this approach to staking is that you earn twice over, earning profits from crypto arbitrage trading as well as from the rising value of the RBIS token.
You can choose to reinvest your crypto arbitrage profits to earn compound interest or withdraw your passive income in BTC, ETH, USDT, EUR or GBP at any time. The RBIS token has more than tripled in value over the last two years since its introduction, having gone up by 426%. Due to new product developments and the growing global popularity of the platform, RBIS is able to provide huge capital gains and is projected to rise by more than 5000% times its current value by the end of 2022.
There are countless ways that as a crypto owner can earn a passive income, optimizing the profit potential on their digital currency. Staking is affordable, easy and convenient, offering a passive income simply for holding coins, however there is always the danger of fraud, hacks and rapid depreciation, due to high volatility and minimal usability. Also, the profits, while decent, are not sky-high. However, ArbiSmart, and other licensed crypto arbitrage platforms are changing the game and setting the standard in terms of security, risk reduction, support and most importantly, the fact that you can earn returns far higher than any staking platform.
What are you waiting for? Start investing today!
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
|CryptoCurrency||USD||Change 1h||Change 24h||Change 7d|
|Bitcoin||0.57 %||2.20 %||10.43 %|
|Ethereum||0.97 %||5.24 %||14.83 %|
|Tether||0.01 %||0.44 %||0.47 %|
|Cardano||1.33 %||1.03 %||12.03 %|
|Binance Coin||0.44 %||3.58 %||13.32 %|
|XRP||0.66 %||1.85 %||14.83 %|
|Solana||1.02 %||8.16 %||16.39 %|
|USD Coin||0.08 %||0.15 %||0.26 %|
|Polkadot||0.74 %||6.04 %||24.93 %|
|Dogecoin||1.11 %||1.13 %||13.21 %|
|Avalanche||0.10 %||3.78 %||24.63 %|
|Binance USD||0.20 %||0.19 %||0.35 %|
|Terra||1.97 %||6.54 %||23.45 %|
|Uniswap||0.96 %||6.65 %||22.49 %|
|Chainlink||0.58 %||5.92 %||25.65 %|
|Litecoin||0.48 %||4.69 %||16.28 %|
|Bitcoin Cash||0.34 %||4.23 %||18.54 %|
|Algorand||1.28 %||5.25 %||17.41 %|
|Cosmos||1.60 %||10.23 %||4.33 %|
|Wrapped Bitcoin||0.72 %||2.22 %||10.38 %|