What is 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.
How to buy Arbitrum (ARB)?
Here's how to buy Arbitrum on Coinsquare
To buy Arbitrum, simply follow these steps:
1. 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.
2. Fund your account with Canadian Dollars
Funding is like putting gas into a car – it helps you get where you want to go.
3. 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 price and convert ARB to CAD or USD on the platform.
4. 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.
5. Buy Arbitrum (ARB)
Congratulations! You’re now the proud owner of ARB. You can either HODL or use it to exchange ARB to CAD.
Where do I keep my Arbitrum (ARB)?
At Coinsquare, we offer customers the power of easy transactions and cold storage security. We’re constantly organizing funds to ensure our customers trade instantly and securely. There are different storage options available for your cryptocurrency, your choice should ultimately be the one that suits your needs. Mobile and web wallets can make transactions easy as the currencies are accessible directly from your phone or device, whereas hardware wallets are best suited for secure, long-term storage as they eliminate the vulnerability found in online environments.
Ready to add Arbitrum (ARB) to your portfolio?
Create your account, fund it with spare change and get a little bit of ARB.
