What is Arbitrum?
Arbitrum is the largest Ethereum Layer 2 by total value locked, offering cheap and fast transactions with full EVM compatibility.
Key Features
- Technology: Optimistic rollups
- Use Case: Ethereum scaling
- Consensus: Optimistic Rollup
- Launch Year: 2021
How Does Arbitrum Work?
Arbitrum operates on an Ethereum Layer 2 using optimistic rollups. The network is designed to scale Ethereum with lower fees. ARB tokens are used for governance.
How to Buy ARB
You can purchase ARB on major cryptocurrency exchanges including:
Storing ARB Safely
For long-term storage, consider using a hardware wallet like Ledger Nano X or a software wallet that supports Arbitrum. Always keep your private keys secure and never share them.
Arbitrum Price Analysis
Arbitrum has shown TVL leader over the past year. As with all cryptocurrencies, ARB is subject to market volatility. Always do your own research before investing.