Arbismart 

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Rated 1 out of 5 stars

Total scam. Invest 50000EUR, in RBIS 24 months blocked plan. Interests stop accrued since March. Only option now is "early termination" Sent multiple messages asking for explanation, no answer.... See more

Company replied

Rated 1 out of 5 stars

Total fraud!!!! Have been investing for years (since about 2015) - half a bitcoin here and there. Initially quite ok - but then you can no longer access the blocked/invested funds - locked. After... See more

Rated 1 out of 5 stars

Bought RBIS two years ago, saved it in a plan. Got released just recently, only to find out it has become completely worthless. No possibility to sell RBIS, but still sporting the possibility to buy f... See more

Rated 5 out of 5 stars

All actions, which I made on the Arbismart platform went according and as per described upfront the order has been placed. Actually the new App provides a quick and good overview about all important... See more

Company replied

Company details

  1. Investment Service

Information provided by various external sources

ArbiSmart - EU licensed and regulated platform which is taking arbitrage technology to the next level, with a ground-breaking, patent-pending platform. Our advanced, automated crypto trading system has been designed to boost your bottom line. Reduce risks to close to zero with our arbitrage platform that evaluates spreads, finding the best prices for trading cryptocurrencies across multiple exchanges. Smart Arbitrage Systems has taken the additional measure of a risk management team working around the clock to monitor the market and where necessary provide human intervention.


Contact info

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Rated 4 out of 5 stars

More information/FAQ contene

For some features iike 'Savings 2023'the information/FAQ about how it works could be extended and be made more clear. Some details I only got from chatting with support team.

14 April 2022
Arbismart logo

Reply from Arbismart

Thank you for your feedback!
We are upgrading our whole ecosystem during Q2 2022 and it will also include comprehensive FAQ with video guides and explanations.
Regards

Rated 5 out of 5 stars

the sky as limit

If it continues like this, I will reach the sky in some years after 1 month I can see profits like never !

8 April 2022
Arbismart logo

Reply from Arbismart

Thank you for your great feedback!

Rated 3 out of 5 stars

Quite difficult to understand what de…

Quite difficult to understand what de have to do after having buyed Rbis.
Is everything is automatical?
Or do we have to make choices?
And I do not understand if investing 1002€ is vert beter than to invest 999€ as suggested by the simulator.

5 April 2022
Arbismart logo

Reply from Arbismart

Hi,
Everything is automated.
You can transfer the funds to a long term savings account if you wish to have a higher ROI.
1002 EUR gives you a better account status, meaning higher interest rates. You can check our accounts page on the dashboard or the website for more information.
Regards

Rated 4 out of 5 stars

Pending transaction

I would appreciate if there would be an information for the time between my fiat left the bank account and arrived at ArbiSmart. During that time I would like to see a "pending transaction" information.

BR
Henrik

5 April 2022
Arbismart logo

Reply from Arbismart

Thank you for your great feedback!
We have implemented it for bank withdrawals and are working to do the same for deposits too.

Rated 4 out of 5 stars

Get educated please

I would like to make clear the following to the grumpy amateurs reporting the project as a fake/scam:
- the value of an exchangeable asset is adjusted according to the will of investors to buy or sell it.
- purchasing an asset from the primary source and then rushing to an exchange to get rid of it at any price will definitely devaluate it.
- if you have invested even a small fraction of your wallet to an asset, it's rather idiotic not protecting/embracing it
- if u have invested a significant amount of money to a baby project, no matter how promising that may seem it's not wealth you should be desperate for but rather a good psychiatrist.
- if you don't know what you should be doing, plz HODL, or at least stay out of the game and let the rest of us enjoy it.
- if you think Arbismart is a void project and Rbis token is thus of no real value, how would you explain that absolutely worthless coins like Doge and Shiba have a combined market cap of $33B?
- the Arbismart project may eventually thrive or fail. However, a project outcome is by no means directly correlated to its true potential. In any case, the idea of exploiting the weaknesses of an unregulated market through arbitrage is neither new nor unproven. Having said that, being the company's flagship activity, I would also like more transparency on the matter by means of an informative dashboard and daily reporting. The information currently provided on the site does not suffice.
- shut your mouths for a few months if possible.

4 April 2022
Unprompted review
Arbismart logo

Reply from Arbismart

Thank you for your great feedback!

Rated 1 out of 5 stars

My arbitrage profit have been stopped unilaterally by Arbismart, which mean Arbismart is not providing the service I paid for.

I invested 5K in January 2022 through the Arbismart platform, and got about 450 RBIS for that price at that time. Now 2 months later, this is my worst experience in the crypto space, and by far.

I learnt my lessons:
- Don't invest in a project where 99% of the supply is hold by one wallet (who btw just transferred 1 million RBIS to another wallet on 4th March, you can easily check it on etherscan...)
- Check if the license and regulation claimed by the crypto company are valid. In case of Arbismart, it claimed to have a valid EU license issued in Estonia, which was actually not true anymore when I invested.
- Check if a project team is actually existing and if there is good transparency about the project

I did not do these checks before investing, and this is what happened next:
- the RBIS token value dropped from 12 euros to 0.5 euros as soon as it got listed on exchange platforms
- because I asked for a refund (on the ground that Arbismart was no longer holding a valid EU license at the time of my investment), Arbismart stopped my arbitrage profit without informing me
- the communication channel is stopped, I can't get any further feedback from their "support" team (today the chat seems even disabled on their website...)

So what I am left with is 450 RBIS worth barely 200 euros, and an arbitrage profit of 8 euros (what I got in my first week before Arbismart cancelled my arbitrage profit). It's a loss of 90.8%...

Some people seems to still believe in this project, probably because they are in the same situation as me and can't accept such a financial loss.

My advice to people considering investing with Arbismart is to not do it, as 99% of the token supply is hold by one wallet. The RBIS tokenomics is extremelly unhealthy.

Edit 02-April-2022:
I waited to respond, as I hoped to receive direct feedback through the chat by Arbismart support team on my question adressed to them. But the chat is disabled for a month now and I got also no feedback by email. So I'm left with Trustpilot only to try to get answers to my question.
But first, if I do take responsibility on investing at my own risk in Arbismart, I won't take responsibility for making false claims, everything written above are facts. I posted my experience on Trustpilot to warn people of the very high risks when investing in Arbismart.
So I hope that another Arbismart team member can be educated enough to answer my question:
- Which Terms of use did I violated? Asking for a refund because the Estonian EU licence advertised by Arbismart on their website and emails was not valid anymore when I invested? Nothing is written about this point in the Terms of use. So without a factual answer and clear proof from Arbismart on the Terms of use I violated, the unilateral termination of my arbitrage profits is illegal. Please provide answer on this point.

Thank you.

Edit 24-April-2022:
Hello is there a team working in Arbismart to answer my question? I still have no access to the chat when I login to Arbismart platform (for more than 2 months now!), and still haven't receive any proof of which term of use I violated. My arbitrage profit have been stopped unilaterally by Arbismart, which mean Arbismart is not providing the service I paid for. Are you going to answer to my claim. Please provide the proof of which term of use I violated. Thank you.

Edit 01-July-2022:
2 months later, still no reply...
My arbitrage profit have been stopped unilaterally by Arbismart, which mean Arbismart is not providing the service I paid for.

Edit 19-August-2022:
2 months later, still no reply...

Edit 17-October-2022:
2 months later, still no reply...

5 March 2022
Unprompted review
Arbismart logo

Reply from Arbismart

We are sorry for your attempt to discredit the company and its reputation.
You have made several attempts to defraud the company and have violated terms of use.
Please restrain from sharing misinformation and false claims.
The Lithuanian authorizations are active and valid.
Purchase and sell price depends on each user and we do not have any control over it.
Of course there is a team! Or do you assume that the company, authorizations, banks account, exchanges, development and support are done by robots or ghosts?
Of course most of the supply is hold by one major wallet. Do you have any idea what are the procedures to securely store crypto and tokens for users ? All the tokens are hold in a way to make sure the users do not lose their funds.
Please educate yourself before posting so many false and inaccurate claims.
Arbismart is a fully registered company with active authorizations to provide virtual currency services, which has been operating flawlessly for more than 3 years already, and will continue the same in the future.

Rated 4 out of 5 stars

Works basically great

There are upsides - works basically great - but the start of RBIS withdrawals was disappointing. Arbismart is still a great service - but it seems the RBIS tokens are mainly a tool - not an investment - at least yet...

10 February 2022
Rated 3 out of 5 stars

I am not sure why the words scam are…

I am not sure why the words scam are used, I also saw my account value drop at the speed of light and surely communications about listing RBIS could have been much better. But what happens to the value of a listing similar to stocks after launching is up to demand, nothing else. Clearly the assumed value of RBIS is very far from todays value, but the future will prove. In my savings account the number of RBIS grows daily and as such theoretically will reach to profit again.

9 February 2022
Unprompted review
Rated 5 out of 5 stars

Satisfaction

I really appreciate that everything is automatic here and I don't have to worry about anything.

It is important to me that I can see my daily profits and the growth in the dashboard.

I wish that it will stay like this and that the RBIS will increase.

Hermann

6 February 2022
Rated 2 out of 5 stars

Invest with caution ⚠️

The 45% APY promised in the website is not automatic. You need to buy RBIS coins. The price of RBIS is very volatile because the great majority of them is owned by one user.

3 February 2022
Arbismart logo

Reply from Arbismart

Hi,
Of course it is automatic.
As soon as you buy RBIS on the platform the interest is paid automatically.
Majority is not hold by one user. It is a company wallet that distributes the funds to the users. You can see the statistic on Etherscan.
Regards

Rated 1 out of 5 stars

The support is not up to the standard

The support is too slow. Only accessible via the chat on the site and the responses are coming several days later. I have several questions but can't talk to anyone directly. I was planning to invest much more but I won't until I get more confidence in Arbismart. They claim that you can contact them via Messenger and WhatsApp but it's not true. Also, you can't convert the token to Fiat currency (i.e. EUR) directly on their site. You have to transfer to other exchanges. Very complex approach. I hope to see some serious simplification and improvements before I can invest more. I like the idea of arbitrage though.

2 February 2022
Arbismart logo

Reply from Arbismart

Thank you for your feedback!
We are trying our best to provide support as quickly as possible.
We do not offer support via WhatsApp or messenger. Where did you see that we claim that?
Possibility to exchange the tokens on the platform will be added in future.
Regards

Rated 1 out of 5 stars

It is SCAM!

It is SCAM!! They sell their own token RBIS 10-20x more expensive than it is on exchanges. And there is no way sell the token back to them for their own price.
So you lose about 90% of your money in that moment when you sent your money! Be carful.

Update to comment:
NO benefits you provide can cover the immediate 90% loss!! And second, what you are writing is no explanation why you don’t take back RBIS at your own price. Sorry, still SCAM!

1 February 2022
Arbismart logo

Reply from Arbismart

Thank you for your feedback !
There always a difference in price between the exchanges.
At our platform we offer more benefits than on the exchanges. Such as: interest paid daily on EUR/BTC/ETH and RBIS. Thus we have a higher demand and volume.
Regards

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