Do you want to buy Arbitrum token but don't know how?
You are on the right page, today I have a detailed guide on how to buy it and also what Arbitrum is.
Let's go to the guide.
Table of Contents
What is Arbitrum?
Arbitrum is a level 2 scaling solution built for Ethereum to help its giant blockchain to offload much of its transactions from the chain, allowing for higher tps and decongesting the mainnet.
Arbitrum aims to reduce network congestion and transaction costs by offloading as much work and data storage as possible from Ethereum's mainnet or layer 1 (L1). Ed Felten, professor of computer science and public affairs at Princeton, co-founded Offchain Labs, the company behind Arbitrum, in 2018. The off-chain data storage strategy used by the Arbitrum network is called a layer 2 (L2) scaling solution (built over the leading Ethereum network).
How to buy Arbitrum (ARB)
First, you should open an account on a cryptocurrency exchange that supports Arbitrum (ARB) we recommend Bybit.
Then it will take you to the page to register, you will write your email and password and click Get My Welcome Gifts and it will take you to the home page.
How to send money to Bybit?
After you created your account, it's time to send your first ones Cryptocurrencies to trade on the platform, you will go to the categories Assets/Deposits and you will choose the currency you want, for example I will try it USDT (BSC BEP20) and you will send them to the address that will appear.
How to buy the Arbitrum (ARB).
You should be on its home page bybit and press Trade and after Trading Spots
Then you will write to ARB searchand it will take you out ARB/USDT and you will click on it to bring up its diagram ARB
Just press ARB/USDT it will take you to the ARB diagram and on the right you will press the option Buy after the class market and finally you put the money you want to buy the cryptocurrency and press the button Buy ARB.
DISCLAIMER: Cryptocurrency trading is VERY dangerous. Make sure you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your money.
