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Buy Arbitrum (ARB)

AUD 0.12

-1.60% past 24 hours

Global Rank

#92

Market Cap (USD)

USD 585.65M

24H Volume (USD)

USD 40.00M

24H Change

-1.60%

24H Price History

Buyers 80.4%

  • Deposit Enabled

  • Withdrawals Enabled

About Arbitrum (ARB)

Arbitrum is a layer 2 scaling solution for Ethereum, designed to increase the network's transaction throughput and reduce gas fees. It uses a technology called Optimistic Rollups, which allows multiple transactions to be processed off-chain and then committed to the Ethereum blockchain in a single batch. This makes transactions faster and cheaper while still maintaining the security and decentralisation of the Ethereum network.

ARB is the native token of the Arbitrum network. It is used as a means of payment for transaction fees on the network and as a tool for governance, allowing holders to vote on important decisions related to the network's operation and development. Additionally, ARB can be staked to earn rewards, incentivising users to contribute to the network's security and decentralisation.

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Frequently asked questions

The best place to buy Arbitrum is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Arbitrum and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be one of Australia's highest-rated crypto exchanges as per our TrustPilot reviews.

The price of Arbitrum is determined by the forces of supply and demand in the market. Similar to other assets, the price of Arbitrum is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Arbitrum are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Yes, you can buy Arbitrum and other listed cryptocurrencies directly with a credit or debit card on Swyftx using our Quick Buy menu. The card feature is facilitated by our third-party provider, Stripe, and may incur additional fees.

‘Swyftx’ is a brand of Swyftx Pty Ltd (ABN 72 623 556 730, AFSL 568543). Swyftx’s spot cryptocurrency exchange services are not provided under Swyftx’s AFSL and are not issued, arranged, distributed or authorised by Eightcap Pty Ltd (ABN 73 139 495 944, AFSL 391441) (Eightcap), Web3 Loans Pty Ltd (ABN 48 668 516 952) or Web3 Ventures Pty Ltd trading as Block Earner (ABN 63 655 090 869, ACL 551024) (Block Earner). Derivative products are issued by Eightcap and distributed by Swyftx. Credit products are provided by Block Earner. Swyftx is an authorised credit representative of Block Earner (Credit Representative No 579667). 

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