Arbitrum (ARB), the promising layer 2 scaling solution for Ethereum, is now set to make a major splash in the crypto market as it gets listed on the renowned Binance exchange. With the listing, investors and traders alike will be able to access and trade ARB, which has gained widespread attention due to its significant potential to improve the overall efficiency and scalability of the Ethereum blockchain. As a result, the listing is expected to generate considerable investor interest and increase demand for ARB, ultimately driving up its price. This move marks a significant milestone for the ARB project, and it is expected to serve as a major catalyst for its continued growth and success in the crypto space. With its unique features and strong market potential, ARB is poised to emerge as a key player in the rapidly evolving DeFi landscape. Don’t miss the opportunity to join the ARB community and take advantage of this exciting development.
Binance Announces Listing of Arbitrum’s ARB Token
Binance, one of the most popular cryptocurrency exchanges, recently made an important announcement and the crypto community couldn’t be happier. They have decided to list Arbitrum’s ARB token on their platform. This is great news for those who have been backing the token since its news broke out. The trading for the ARB token is tentatively set to open on March 23, 2023, at 17:00 UTC. The spot trading pairs that will go live are ARB/USDT and ARB/BTC.
Depositing the ARB token will be enabled based on when the platform achieves the desired blockchain height of 16,890,400, which is expected to happen on the same day as the trading launch. This is important for traders who want to prepare for trading well in advance. The withdrawals for the ARB token will open a day later, that is, on March 24, 2023.
What makes the listing of ARB tokens on Binance interesting is the fact that the platform will also list the token as a borrowable asset 48 hours after it has been launched for trading. The isolated margin pair will be ARB/USDT. There is no listing fee for the ARB token, which is great news for the community.
The ARB token is the native governance token for Arbitrum, which uses the layer-2 scaling solution and roll-up technology to save gas fees, thereby passing the benefit to the community. It supports projects that are based on Ethereum, making it an important addition to Binance’s list of cryptocurrencies. Founded in Malta in 2017, Binance has truly made its name in the crypto sphere, with over a hundred cryptocurrencies listed on the platform. Additionally, users have access to more than 100 trading pairs that can be included in the digital trading portfolio.
Binance prioritizes users, ensuring that they find it convenient to navigate and trade their preferred digital assets. A focus has been laid on making the experience on mobile and browsers as seamless as possible by Binance, with the basic operation of trading cryptocurrency – buying & selling – available on all the platforms. The vision of Binance is to bring global freedom in terms of how finance moves from one person to another, improving the lives of many people in the world and empowering them via financial inclusion.
In conclusion, the listing of the ARB token on Binance is a huge move for the community. Not only will the token be available for trading, but every tool of the platform will also be accessible to users – new or existing. If you’re a trader, this is definitely an opportunity worth exploring.