What is Arbitrum (ARB)? 

Cryptocurrency

Arbitrum is a
layer 2 scaling solution that runs on the Ethereum network. The Ethereum blockchain is known for high transaction fees and slow confirmation times during heavy usage. Arbitrum was developed to reduce these problems, offering a fast, low-cost, and reliable infrastructure. The network, which operates with Optimistic Rollup technology, processes transactions off-chain and transfers them to Ethereum more efficiently. This allows users to pay lower gas fees and perform significantly more transactions per second. ARB coin, the native token of this ecosystem, enables users to participate in network governance, pay transaction fees, and support ecosystem development.
What is ARB Coin?
ARB coin is the native cryptocurrency of the Arbitrum network. The token was developed for users to pay transaction fees on the network, participate in governance decisions, and conduct transactions on various DeFi projects. Thanks to its
Ethereum compatibility, users can securely store ARB coins in their wallets, use them in smart contracts, and utilize them across different protocols. Arbitrum has quickly attracted global interest with its contribution to Ethereum scalability and the broad range of use cases it provides.
Who are the Founders of the Arbitrum Project?
Arbitrum was developed in 2018 by the US-based
Offchain Labs. Its founders include Ed Felten, Steven Goldfeder, and Harry Kalodner. This team, originating from Princeton University, created Arbitrum to reduce Ethereum’s transaction costs and increase scalability. Today, one of the most important trust factors behind ARB coin, preferred by users globally and in Türkiye, is this strong founding team.
ARB Total Supply
The total supply of ARB coin has been set at 10 billion units. This limited amount is considered an important factor in supporting the transparency of the project’s economy and maintaining value stability in the long term.
What Makes the Arbitrum Project Special?
The most prominent feature of
Arbitrum is its compatibility with Ethereum. Developers can move their existing Ethereum applications to the Arbitrum network without any changes. This provides both low cost and high transaction speed advantages. In addition, since it derives its security from Ethereum, users can experience safe transactions in
decentralized applications. Bridge solutions within the Arbitrum ecosystem also make token transfers easier, increasing liquidity. Thanks to these advantages, the project has been quickly adopted by both developers and users.
How to Buy ARB Coin?
To purchase ARB coin, a reliable cryptocurrency exchange should be chosen. One of the platforms where users in Türkiye can easily trade is
CoinTR. The steps are quite simple:
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Register and complete the identity verification (KYC) process.
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Deposit Turkish Lira (TRY) into your account.
-
Enter the amount you want to purchase and confirm the transaction.
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Once completed, your ARB balance will be reflected in your CoinTR wallet.
CoinTR makes the ARB coin purchasing process fast and reliable with its user-friendly interface, low transaction fees, strong security measures, and being
Türkiye's crypto exchange with the highest liquidity.
Where to Buy ARB Coin?
ARB is a popular digital asset traded on many global and local cryptocurrency exchanges. One of the trusted platforms preferred by users in Türkiye is
CoinTR. CoinTR stands out with its ease of use, low transaction fees, and high security standards. Thanks to its high liquidity advantage, users can buy and sell ARB coins quickly and safely.
How Does Arbitrum Work?
Arbitrum uses
Optimistic Rollup technology to reduce transaction congestion on the Ethereum network. With this structure, transactions are collected and processed on Arbitrum before being transferred to the Ethereum main chain. They are then sent in batches to Ethereum for confirmation. This method significantly reduces transaction costs and increases transaction speed. Thanks to its compatibility with Ethereum, developers can easily run their existing applications on Arbitrum. Users benefit from fast and low-cost transactions in areas ranging from
decentralized finance (DeFi) protocols to
NFT marketplaces. Security is provided by Ethereum’s main chain, making Arbitrum a scalable and reliable layer-2 solution.
ARB Coin Review
Among ARB coin reviews, the scalability solutions it brings to the Ethereum ecosystem are frequently mentioned. Experts note that the project could stand out in the long run thanks to its low transaction costs and high speed advantage. Overall, Arbitrum’s strong technology and developer community have made ARB one of the most notable assets in the
crypto market.
ARB Coin Future
The future of ARB coin depends on the continuation of the scalability needs of the Ethereum network. The fast transaction capacity and low cost advantage offered by Arbitrum continue to make it a strong choice for decentralized applications. The project team and its active developer community ensure the continuous development of the network, supporting ARB’s long-term potential.
One of the most important advantages for users is that it can be traded on reliable exchanges offering high liquidity.
CoinTR supports this process in Türkiye by offering wide trading volume with USDT and TRY trading pairs.
FAQ
How much is ARB in TL?
The Turkish Lira value of ARB coin varies depending on market conditions. You can track the current ARB price chart on the
ARB/TRY trading pair page.
How much is ARB in USD?
The dollar price of ARB coin changes constantly. You can view the current ARB dollar price on the
ARB/USDT spot trading page.
What is the Infrastructure of ARB Coin?
ARB coin is the native token of the Arbitrum network and is built on Optimistic Rollup technology.
Who Owns ARB Coin and Which Country Did It Originate From?
Arbitrum was developed by US-based Offchain Labs. Its founders are Ed Felten, Steven Goldfeder, and Harry Kalodner.
When was ARB Coin Launched?
ARB coin was launched in March 2023.
What Was the Launch Price of ARB Coin?
When ARB coin was launched, its opening price was around
1.25 USD.
What Was the All-Time High of ARB Coin?
ARB coin reached its all-time high at approximately
2.40 USD.
What is the Future of ARB Coin?
The future of ARB depends on the continuation of Ethereum’s scalability needs. Arbitrum’s active developer community supports its long-term potential.
Why is ETH Required on the Arbitrum Network?
Because Arbitrum works compatibly with Ethereum, transaction security is provided through the Ethereum network. For this reason, ETH is required for gas payments and bridge transactions.
Why Does the Arbitrum → Ethereum Bridge Take 7 Days?
There is a 7-day waiting period for transferring funds from Arbitrum to Ethereum. This period is applied for security purposes to prevent fraudulent transactions.
What Can Be Done with ARB Token?
ARB token is used as a governance tool. Community members can vote on decisions regarding the future of the network.
How Does the Arbitrum DAO Work?
Arbitrum DAO is a decentralized structure governed by the votes of ARB holders. Users can directly contribute to decisions to be made.
What is the Difference Between Arbitrum One and Arbitrum Nova?
Arbitrum One is used for general DeFi applications, while Arbitrum Nova focuses more on gaming and social applications.
Who Uses Arbitrum Projects?
Arbitrum hosts many DeFi protocols, NFT marketplaces, and dApps. Users prefer these projects thanks to the advantages of low cost and high speed.
Legal Notice
The information, comments, and evaluations contained in this content do not constitute investment advice. This content is not intended to be prescriptive in any way and is intended to provide general information. It does not constitute investment advice. CoinTR cannot be held responsible for any transactions made based on this information or any losses that may arise.
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