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ARB/USDT trading on WazirX

By March 24, 20232 minute read

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Namaste Tribe! 🙏

Arbitrum is listed on WazirX, and you can buy, sell, trade $ARB in the USDT market.

ARB/USDT trading is live on WazirX! Share this

What does it mean for you?

  • Deposits — You can deposit ARB on WazirX.
  • Trading — You can buy, sell, trade ARB in our USDT market. When you buy ARB, it will appear in your “Funds.”
  • Withdrawals — You will be able to withdraw ARB in a few days after the listing.

About ARB

Arbitrum is an Ethereum layer-two (L2) scaling solution. It uses optimistic rollups to achieve its goal of improving speed, scalability, and cost-efficiency on Ethereum. Arbitrum benefits from the security and compatibility of Ethereum. Another benefit is the higher throughput and lower fees compared to Ethereum. That is made possible thanks to moving most of the computation and storage load off-chain.

Arbitrum’s native token is called ARB and is used for governance. Offchain Labs, the developers behind Arbitrum, announced the shift to a decentralized autonomous organization (DAO) structure — the Arbitrum DAO. ARB holders can vote on proposals that affect the features, protocol upgrades, funds allocation, and election of a Security Council.

Arbitrum has an ambitious roadmap for 2023, which includes: Launching its own layer-three solution called Orbit; Enabling developers to deploy programs written in popular programming languages like Rust, C++, and more using Stylus; Expanding its validator set to include more independent institutional validators; Moving its protocol to layer two with Arbitrum One.

  • Trading price (at the time of writing): $1.42 USD
  • Global Market Cap (at the time of writing): $1,746,560,710 USD
  • Global Trading Volume (at the time of writing): $2,787,595,538 USD
  • Circulating Supply: 1,275,000,000 ARB
  • Total Supply: 10,000,000,000

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Happy Trading! 🚀

Risk Warning: Crypto trading is subject to high market risk. Please ensure that you undertake sufficient risk assessment when trading newly listed tokens, as they are often subject to high price volatility. WazirX will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
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