A Guide to Securely Buying, Exchanging and Storing Crypto
Disclaimer: The text below is a press release that is not part of Cryptotelegraph.com editorial content.In the aftermath of the FTX collapse and its contagion, digital asset holders are rightfully concerned about the safety of their crypto capital.In this guide, we’ll be exploring how you can know who to trust and what security indicators to look for, when picking a home for your cryptocurrency. How to Keep Your Crypto Safe There are a number of boxes you need to check when determining how to store your crypto, and any wallet provider or exchange that you choose needs to meet the below criteria:Holds local licenses, with relevant jurisdictional authorizations and registrationDoes not use the native token as a means of manipulating market valuation for over-leveraged positionsHolds funds securely, through us of tough technological safety measuresKeeps accurate records relating to company employees and cash reservesCorporate and user funds are held separately Undergoes regular and rigorous external auditing Complies with regulatory risk management, AML, KYC and KYT requirementsRecently, the crypto news and analysis site Kryptomonitor identified one wallet and financial services ecosystem in particular, as a major potential contributor to the restoration of investor confidence. Arbismart (RBIS) meets all the above requirements to make it a trusted and transparent custodian for user funds. It has been operating with EU registration and authorization, holding the proper licenses since it was established in early 2019. To date, the project has never had any hacks or security breaches and all client and company funds are held separately, so user capital can never be used for corporate expenses. ArbiSmart is not affiliated with FTX or any other platform and it is not leveraged at all. Funds are safeguarded using the strictest technological protocols and all records are meticulously kept and held secure.In addition, to providing a wallet that offers unparalleled security, to support investors through the current bear market, ArbiSmart also provides unmatched currency exchange and purchase opportunities.How to Buy Crypto Safely, Transparently, (and Profitably) When buying and exchanging crypto only two things really matter- the safety of the transaction and the cost. As we have seen, ArbiSmart’s security credentials are clear, and it has a highly transparent purchase process. When you buy assets through the dashboard, you can pick from nearly 30 different FIAT and cryptocurrencies. Transaction fees are among the lowest in the industry and you can also choose to receive a discount ranging from 10% to 50% on the actual purchase. The specific conditions for each discount option are clearly laid out prior to purchase, including the vesting period length, the minimum purchase amount and in some cases, the amount of RBIS, the native token, that also needs to be locked for the vesting period.For example, you might choose to purchase €5,000 worth of Ethereum. A table will then automatically appear showing discount options and terms. If you pick the 20% discount you will be required to pay €4,000, aware that after the vesting period specified in the table, you will receive ETH equivalent to €5,000.What Then?Once you have bought currency with ArbiSmart and the vesting period is complete, it can be withdrawn or stored in an ArbiSmart wallet savings plan, with the amount you earn determined by the length of the plan, the currency and your account status.Use of RBIS the native token is incentivized since your account level is based on how much RBIS, you own. So, more RBIS means a higher interest rate on balances in Bitcoin, Dogecoin, Euro or any other supported currency. Also, if the balance is in RBIS, the interest rate will be higher. This will drive demand for the token, as will the anticipated launch of a series of new utilities in early 2023, including a wallet app, a DeFi yield farming protocol with first-of-their-kind amification features, a professional crypto exchange, an NFT marketplace and collection of exclusive NFTs. It is therefore no surprise that recent analyst projections are predicting a rise in value from the currency value of under $0.5 to $2.87 by the end of Q1 2023!As one of the most secure and trusted industry players ArbiSmart is able to gofrom strength to strength, even as other projects are losing ground. If you sign up with ArbiSmart and lock 5,000 EUR worth of assets in a savings plan for min. 24 months, within 3 days of this article going live, ArbiSmart will give you a bonus of up to 35% in the currency of your plan. Open a wallet now, claiming your bonus by sending an in-platform chat request, referencing this article.
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