Top Cryptocurrency Wallet to Get Free Bitcoins
Top Cryptocurrency Wallet to Get Free Bitcoins
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As we enter 2023, many cryptocurrency holders are reevaluating how to protect their funds, especially in light of the recent FTX scandal, and are using new criteria to decide how to profitably and reliably store their crypto.
Here is a short but comprehensive checklist of what to keep in mind when choosing a cryptocurrency wallet.
summary
Choosing an interest-bearing portfolio
There is absolutely no point in letting your money sit idle. Even if you are not actively investing, your money should be working hard. For this reason, it makes sense to choose an interest-bearing portfolio. The risk is minimal as you make money in both rising and falling markets, whether the price of the cryptocurrency appreciates or not.
Each portfolio offers different terms, fee structure and interest rates, but whichever one you choose, the return is almost guaranteed to be literally at least a hundred times the rate offered by a traditional bank. For example, one of the most popular wallets among cryptocurrency investors is Arbi Smartwhich offers interest rates of up to 147% per annum.
Make sure it is safe and reliable
The FTX scandal exposed a problem familiar to holders of digital currencies: poor regulation of the crypto space. When you decide to put your hard-earned cryptocurrency assets into a wallet, you need to be sure that it can act as a responsible steward of your capital.
The wrong wallet can mean losing all your money due to lax security or mishandling of funds.
In a recent article, a cryptocurrency analysis website Cryptometer addressed the issue of waning trust even in more established service providers and suggested that trust can only be restored by reputable industry players who set a higher standard. The article also mentions ArbiSmart as one such service provider authorized and registered in the EU.
Prioritize customization: your needs will change
Another important factor to consider is that your financial needs are dynamic and in a highly volatile market you may have rapidly changing needs and want to diversify your activities. You want a wallet that supports multiple currencies with the option of a long-term and short-term savings plan.
Going back to our ArbiSmart example, users can open balances in 28 different FIAT currencies and cryptocurrencies, locking in funds for a short period of 1 or 3 months or for a longer period of 1.5, 2, 3 or 5 years.
Check the terms of the wallet
Each wallet has its own terms of use, including holding periods, transaction fees and other potential costs. On the other hand, they may also offer loyalty points and other profit-enhancing features that allow wallet users to increase their cryptocurrency income.
ArbiSmart recently added two of these features:
– PUSH loyalty function allows users who renew a savings plan within 90 days of expiry for the same period to get up to 10% of the initial interest rate as a reward. This means that if you have an 18-month plan that earns 20% and you extend it, the new plan will earn 22% interest.
– PUSH currency purchase feature allows anyone who purchases currency through the ArbiSmart dashboard to receive a 10% to 50% discount on their purchase. So if you buy €1,000 ETH with a 25% discount, you will only pay €750, but at the end of the grace period you will receive the full €1,000 worth of Ethereum. Every time you buy FIAT or cryptocurrencies, the dashboard shows the conditions that must be met to get each discount amount, including the length of the qualifying period, the size of the currency purchase and in some cases whether the additional amount of RBIS, the native token is also locked for the duration decisive period.
See what other products and services it offers
The project often offers the wallet as part of a larger ecosystem of crypto products and services, each adding new tools to strengthen the native token and increase overall liquidity. When these tools are connected, they can provide better conditions for buying, storing, exchanging, betting or investing currencies across the entire ecosystem.
ArbiSmart is powered by the RBIS token which it is expected by the end of next quarter, it will grow to more than 200 times its current value thanks to new RBIS utilities expected to launch in the first half of 2023. These include a global cryptocurrency exchange, an NFT marketplace, and a DeFi protocol that offers a yield crop program with an innovative touch of gamification. Participants will be able to increase their APY from staking with exclusive ArbiSmart NFTs, which will have unique point-increasing features.
Whether you choose ArbiSmart or another wallet, it is essential not to leave the profitability and safety of your cryptocurrency capital to chance. Make an informed decision and ensure that whatever direction the market moves is yours cryptocurrencies constantly working for you.
Don’t waste another day. Open an interest-bearing portfolio now!
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Source: Cryptonomist
