We’re glad to announce that Arbitrum (ARB) is now available for trading on BitOasis. You can now buy, sell and swap Arbitrum on BitOasis Lite and Pro, available with four trading pairs:
With this new listing, we’re keeping our promise of making the most promising cryptocurrencies available for our customers in the region, to trade easily and safely on BitOasis.
Arbitrum is an Ethereum layer-2 scaling solution that improves speed, scalability, and cost-efficiency on Ethereum by moving most of the computation and storage load off-chain. Arbitrum’s native token (ARB) is used for governance, as its holder can vote on proposals that affect the features, protocol upgrades, funds allocation, and election of a Security Council. Arbitrum has been integrated into several decentralized finance protocols, such as SushiSwap and Curve.
While the Arbitrum network was launched in 2021, the ARB token was only launched on March 23, 2023, and managed to generate around $1.8 billion in market cap within hours of release. It’s a highly anticipated token by the crypto community and we’re glad to provide it to our customers at such an early stage.
Important Notice: BitOasis does not provide investment or legal advice. If this content, including attachments, contains guidance or expresses a view, this is not to be considered or relied upon as investment or legal advice and it is recommended that you obtain independent professional advice. Cryptocurrency trading/investing involves a substantial risk of loss and may not be suitable for every investor. If you do not fully understand these risks, you must seek independent advice from your financial advisor.