The RBIS Listing Q&A
Q1. What is a crypto exchange listing and why is it important?
Listing is the process of making a coin tradable, and available for purchase and sale on a crypto exchange. There are numerous exchanges on which coins can be listed, ranging in size, with differing levels of daily trading volume.
Each exchange has its own community, providing a new local or global market for a token, increasing trading volume and liquidity, gaining attention for the coin and providing proof of the viability and popularity of the project.
Q2. On which exchanges will RBIS be listed on and how long will the listing process take?
It is important to note that listing is an ongoing process. Companies looking to be listed need to apply individually to each exchange and undergo a tough evaluation process.
RBIS will keep being added to new exchanges all the time, throughout 2022 and beyond, so month by month the token will reach an increasingly wider audience. Then, as the price rises, the community around the token grows and demand increases, more prominent exchanges will choose to list RBIS as it proves its long-term sustainability.
Q3. How do I withdraw and sell my tokens?
Firstly, click on Withdrawals on the dashboard and follow the steps to receive your RBIS.
Once the withdrawal request is approved you will receive your tokens directly to your wallet.
In accordance with standard ERC-20 token requirements, you will need an ERC-20 supporting wallet that holds enough ETH to pay gas fees for transfers, so you can execute token transactions.
As soon as you have withdrawn your RBIS, you can join any exchange where the token is listed and then trade your tokens at any time.
Please Note: The tokens are withdrawable from all accounts except locked savings accounts. Those funds, including the interest accrued over the period of the closure, will only become available at the end of 2023.
Q4. How do I discover the current exchange rate?
Firstly, you can go to any one of the exchanges where the token is listed, enter RBIS into the search field and you can see the price.
Lastly, the rate is always displayed on the ArbiSmart dashboard, although only the sale price appears. This rate can differ from the prices offered on the exchanges, providing the added opportunity to perform a type of manual arbitrage, selling the RBIS you hold on the platform at a higher price on an exchange.
Q5. What is expected to happen to the price once the coin is listed?
There is a strong possibility of the listing initially leading to a temporary price dip as those who have waited for the coin to be tradable, and have savings accounts that release funds at the end of 2021, may wish to sell.
However, the smarter, more responsible choice may be to ignore selling pressure, and wait to exchange your funds to ensure you don’t lose money on the sale. You can earn the highest possible profit by HODLing. This means holding onto your RBIS until the price stabilizes and waiting for upcoming new utilities in H1 2022 to bump the price up higher.
One way to do this is by storing your funds in a 2023 locked savings account, which offers exceptionally high interest and unmatched compounding opportunities.
In this way you don’t lose the advantage of getting in on the ground floor with a token that is set to take off in months ahead. Just like Bitcoin, which ever since its creation has seen temporary drops in value, RBIS is on track to grow over the long term, maintaining an overall upward trajectory.
Q6. What factors are likely to impact the price of the token in early 2022?
Throughout 2022, ArbiSmart will keep listing RBIS, joining even more exchanges, which is likely to have a positive effect on the price.
Another major factor set to impact the token price is the fact that as demand increases token supply will fall. The amount of RBIS that can ever be created is permanently limited, capped at 450M, so as more utilities are added and the community grows, demand will outpace supply.
The primary factor set to boost token demand in the year ahead is the extensive list of new RBIS utilities and fresh tools in the pipeline for 2022.
Firstly, by the end of 2021 any ArbiSmart client who has purchased RBIS through the platform will receive exclusive voting rights. The more tokens that the user holds, the more votes they can use to help steer the future direction of the company. Another incentive for the purchase of RBIS is the decentralized yield farming service being introduced for RBIS token owners on an external decentralized exchange, in the coming weeks.
The momentum is really going to be picking up in the first half of 2022, with the launch of ArbiSmart’s NFT marketplace in Q1, with 10,000 unique digital items, each certified by an exclusive NFT token purchasable only by sending RBIS tokens to the specified smart contract. We will also be launching an interest-generating wallet supporting both fiat and crypto, a mobile app for both Android and Apple devices, as well as mystery boxes, surprise packages packed with exclusive ArbiSmart merchandise.
Looking further ahead, a wide variety of additional value-added products and services are in the pipeline that will only be accessible by purchasing the RBIS token on an exchange. For example, ArbiSmart is in the process of developing a range of banking services, including debit cards, iBans and international bank payments. We are also working towards launching our own crypto exchange.
In addition, it is worth noting that much of the supply of RBIS tokens is locked in closed ArbiSmart savings accounts until at least 2023, adding to the long-term sustainability of the coin.
At the end of this month, we will introduce additional saving programs with expiry dates at the end of 2024 and 2025. If you want 15% higher RBIS yields without waiting to access your funds for more than two years, it is a great idea to transfer to a 2023 savings account now, as this will soon no longer be an option. Due to high demand, the opportunity to transfer to a 2023 high yield savings account has been extended until December 31st, 2021, when the contracts expiring at the end of 2024 and 2025 become available.