Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
Crypto wallets offer a great way to make a steady passive profit, at minimal risk, in both bull and bear markets.
If your key concern is to secure against the possibility of being hacked, and you intend to HODL over the long term, you may want to open a cold wallet, where funds are held offline on an external device.
However, with a hot wallet you not only gain convenience and faster access to your funds, which is critical for intraday traders, but you can potentially also earn interest on your capital.
Your best option when choosing a home for your crypto will be an interest-generating wallet, which can provide an extra source of income, without requiring you to lift a finger.
As 2023 begins, the authorized wallet currently generating some of the highest interest rates is the ArbiSmart project, which offers up to 147% APY.
The specific amount of interest you earn will depend on your account tier, which is determined by how much RBIS, the native token that you own.
More RBIS means a higher return on savings balances in nearly 30 popular FIAT and cryptocurrencies. However, balances in the native token will earn a better rate than balances in any other supported currency.
Meanwhile, the value of the RBIS token is rising steadily, leading to significant capital gains. It is also expected to soar in the months ahead, as a series of new interconnected RBIS utilities are introduced to the ArbiSmart financial ecosystem, in H1 of this year.
These include a professional crypto exchange, an NFT marketplace and a DeFi protocol offering a yield farming service with one-of-a-kind gamification features, where exclusive ArbiSmart
Read more on cryptonews.com