Arbitrum is a layer-2 scaling solution for Ethereum, designed to increase the speed and efficiency of transactions on the Ethereum network. It aims to provide faster transaction confirmation times, lower fees, and better overall user experience for Ethereum users.
Arbitrum uses an innovative technology called Optimistic Rollups, which allows it to bundle many transactions together and then submit a single batch to the Ethereum blockchain. This batching process helps to reduce the load on the Ethereum network, allowing for faster and cheaper transactions.
ARB is the native cryptocurrency of the Arbitrum network, used to pay for transaction fees and other network services. It is an ERC-20 token, meaning it runs on the Ethereum blockchain and can be stored in any ERC-20 compatible wallet.
Arbitrum was created by Offchain Labs, a blockchain startup founded by a team of experienced computer scientists and entrepreneurs. It has gained popularity among Ethereum users and developers due to its potential to greatly improve the scalability and usability of the Ethereum network.
Where to buy ARB Token
Looking to trade Arbitrum (ARB) on a reliable and secure platform? Look no further than CoinTR! We are proud to announce that ARB spot and 50X ARBUSDT Perpetual Futures
are now available on our exchange.
What is the Price of ARB
The price of the ARB token is $1.28 per unit. It has a market cap of $1,630,623,163 and a fully diluted market cap of $12,789,201,276. It also has a 24-hour trading volume of $1,107,394,793. You can check the live price of their token right here!
How to buy ARB
At CoinTR, we provide a seamless trading experience for ARB, with low fees, high liquidity, and advanced trading tools. Start trading ARB on CoinTR today and take advantage of our cutting-edge technology and top-notch security measures. You can purchase ARB
on CoinTR following the steps:
1. Log in
your CoinTR account and click [Markets]. Click on [Spot].
2. Search “ARB” using the search bar to see the available trading pairs. Take ARB/USDT as an example,click [Trade
3.Go to the [Spot] box. Enter the amount of ARB you want to buy. You can choose from opening a Limit order or a Market order. Take Market order as an example. Click [Buy ARB
] to confirm your order. You will find the purchased ARB in your Spot Wallet.
Disclaimer: The views, thoughts, and opinions expressed in the article shall not be considered as investment advice and do not reflect the position of CoinTR, please use it at your own risk.