Arbitrum is a Layer 2 scaling solution designed to enhance the Ethereum ecosystem, making blockchain technology more inclusive and sustainable.

What are the risks associated with transferring Arbitrum?

Digital asset prices can be volatile, and users should verify contract addresses and networks before transferring assets.

How can I verify the acquisition of Arbitrum?

Ensure you verify the asset name, network, and contract details before transferring, and review your custody method.

Where can I find official resources for Arbitrum?

Official resources for Arbitrum can be found at their website: https://arbitrum.foundation.

Arbitrum (ARB)

Rank #70

Market snapshot

Price: $0.088365
Market cap: $590.1M
24h volume: $128.3M
Circulating supply: 6,678,075,931
Total supply: 10,000,000,000
Max supply: N/A

What is Arbitrum?

Arbitrum is a suite of Layer 2 scaling solutions that enhance the capabilities of blockchain technology. It focuses on providing a more inclusive and sustainable framework for users, particularly within the Ethereum ecosystem.

Key information

Symbol: ARB
CMC rank: #70
Network / platforms: Arbitrum, Ethereum, Osmosis
Categories: N/A
Date added: Mar 23, 2023

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

Arbitrum
0x912CE59144191C1204E64559FE8253a0e49E6548

Token contracts on other networks

Ethereum
0xB50721BCf8d664c30412Cfbc6cf7a15145234ad1
Osmosis
ibc/10E5E5B06D78FFBB61FD9F89209DEE5FD4446ED0550CBB8E3747DA79E10D9DC6

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Arbitrum?: Arbitrum is a Layer 2 scaling solution designed to enhance the Ethereum ecosystem, making blockchain technology more inclusive and sustainable.
What are the risks associated with transferring Arbitrum?: Digital asset prices can be volatile, and users should verify contract addresses and networks before transferring assets.
How can I verify the acquisition of Arbitrum?: Ensure you verify the asset name, network, and contract details before transferring, and review your custody method.
Where can I find official resources for Arbitrum?: Official resources for Arbitrum can be found at their website: https://arbitrum.foundation.

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