Arbitrum (ARB)
All prices are in USD.
How to buy Arbitrum
ARB
ARB is the governance token pivotal to the Arbitrum DAO. Arbitrum stands as an innovative layer 2 solution for Ethereum, utilizing optimistic roll-up technology. This allows for efficient transactions without compromising the trusted security Ethereum offers. Notably, Arbitrum extends support to Ethereum's Dapps and facilitates integration for those developed in languages like RUST, C++, and beyond. Its growing ecosystem and solid partnerships position it as a significant layer 2 solution within the Ethereum landscape.
Here’s how to buy Arbitrum on Coinsquare
Buying Arbitrum is just like foreign exchange of traditional currencies like the Canadian Dollar, US Dollar, or Euro. You trade coins that you have – either a cryptocurrency or a dollar – for Arbitrum, which trades as ARB. Based on when you think you can get a good ARB price, you should be able to trade ARB to CAD.
To buy Arbitrum, simply follow these steps:
Sign up for a Coinsquare account and verify your identity
This is the first step to buying ARB. Verifying your identity helps us to properly connect your funds to your account.
Fund your account with Canadian Dollars
Funding is like putting gas into a car – it helps you get where you want to go.
After funding, select ARB from the list on the trade section
Coinsquare lets you trade ARB without leaving the app. You can also check the Arbitrum stock price and convert ARB to CAD on the platform.
Select a currency you’ve funded and use it to check the ARB price
In the Coinsquare app, all currencies available to trade can be found in the drop down list.
Buy ARB
Congratulations! You’re now the proud owner of ARB. You can either HODL or use it to exchange ARB to CAD. To the moon!
Arbitrum, commonly referred to as ARB, operates as the backbone for the Arbitrum DAO and is a pioneering layer 2 solution for Ethereum. Utilizing advanced optimistic roll-up technology, it offers enhanced transaction efficiency while maintaining Ethereum’s security. With a commitment to innovation, Arbitrum supports Ethereum Dapps and is compatible with programming languages such as RUST and C++.
You may want to consider buying ARB if you would like to:
Enhanced Transaction Efficiency: ARB powers Arbitrum’s layer 2 solution, enabling fast and cost-effective transactions.
Broad Compatibility: Arbitrum integrates with existing Ethereum Dapps with multiple programming languages.
Growth Potential: With a expanding ecosystem, ARB has positioned itself as a player in the Ethereum landscape.
Where do I keep my ARB?
Ready to add ARB to your portfolio?
Prices and percentage changes are for information purposes only and in no way reflect Coinsquare Ltd.’s speculation of market direction. Past performance is not an indicator of future performance. Please find our Risk Disclosure statement here.