What is Arbitrum (ARB)?
Arbitrum is a layer-2 scaling solution that aims to improve the speed and efficiency of Ethereum transactions while also reducing the high fees associated with using the platform.
Arbitrum mainnet was launched in 2021 by Offchain Labs, and it has quickly become one of the most popular blockchains in the market. At the beginning, Arbitrum achieves this by using Optimistic Rollups. In the later half of 2022, Arbitrum released Nova, a new chain using AnyTrust technology instead of Optimistic Rollups, and the old chain was renamed to Arbitrum One.
For two years of its operations, Arbitrum does not have its own native token to power the network like other layer-2 solutions, such as Polygon or Optimism. The blockchain plans to release its own token, ARB, which can be used to support DAO voting, towards the end of March 2023.
How Arbitrum (ARB) Works
Arbitrum One uses Optimistic Rollups to process and bundle multiple transactions into a single batch, which was then settled on the Ethereum network. The bundles of transactions are assumed “innocent until proven guilty” by Ethereum, hence the name “Optimistic”.
With AnyTrust technology, Arbitrum Nova can be used for more cost-sensitive use cases. Nova first sends data to the committee, and only puts data on-chain if the committee, for some reasons, fails to do its job. Therefore, transactions on Nova will have significantly lower transaction fees compared to Arbitrum One, making it more suitable for projects with high transaction volume expectations.
How Many Arbitrum (ARB) Tokens Are in Circulation?
ARB plans to have a total supply of 10,000,000,000. The amount of ARB in circulation is unknown.
How to Buy Arbitrum (ARB)
Consider investing in Arbitrum (ARB)? It only takes 2 minutes to create an account on Bitget and start trading ARB.
Check out how you can access and trade ARB on Bitget!
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Arbitrum (ARB) Resources
Simple 3-step guide to buying ARB today in Canada
Create your free Bitget account
Select a funding method
Complete your Arbitrum purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Arbitrum using a payment method of your choice:
Buy Arbitrum with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Arbitrum order.How to buy crypto with credit/debit cardBuy Arbitrum with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Arbitrum is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Arbitrum order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Arbitrum order.Buy Arbitrum with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Arbitrum order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Arbitrum in your Bitget spot wallet

Bitget—where the world trades Arbitrum
How to buy Arbitrum for free
- Learn how to earn Arbitrum for free through the Learn2Earn promotion
- Earn free Arbitrum by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Arbitrum airdrops by joining On-going challenges and promotions

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