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Arbitrum Price in India (ARB)

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ARB to INR Converter

As per last price at 00:00:00, 01/01/70

INR

ARB

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ARB Performance

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ARB Market Information

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ARB Price Today

The live price of Arbitrum is ₹ 0 per (ARB / INR) with a current market cap of INR. 24-hour trading volume is ₹ INR. ARB to INR price is updated in real-time. Arbitrum is +0% in the last 24 hours with a circulating supply of .

About Arbitrum (ARB)

What is Arbitrum (ARB)?

Arbitrum (ARB) is a fast-growing Layer 2 solution for the Ethereum blockchain. The protocol was created to tackle the scalability issue faced by the Ethereum blockchain, making Ethereum faster and cheaper. To achieve this, the platform leverages optimistic rollups, a scaling solution that offloads transactions off-chain, improving speed, scalability, and cost-efficiency on Ethereum. It is powered by its native token ARB, which is an ERC-20 token standard. 

Who founded Arbitrum (ARB)?

The Arbitrum network was founded in 2021 by Steven Goldfeder, Harry Kalodner, and Ethan Cecchetti under the banner of Offchain Labs, a company co-founded by them.

Primary features of Arbitrum (ARB)

• Optimistic Rollups: Like Layer 2 solution provider Optimism, Arbitrum also uses optimistic rollups to offer fast and cost-effective transaction fees, improving Ethereum’s scalability and the overall network operation. 

• ARB token: The ARB token is the native token of the Arbitrum ecosystem. It serves multiple key functions in the Arbitrum ecosystem, such as facilitating on-chain transactions and governance. 

• Interoperability: Arbitrum offers interoperability among other Layer 2 networks and the Ethereum blockchain, enabling seamless communication and asset transfer.

• EVM Compatibility: Arbitrum powers its ecosystem on the Arbitrum Virtual Machine (AVM), which is an extension compatible with the Ethereum Virtual Machine (EVM). This enables developers to seamlessly deploy their existing Ethereum smart contracts without modification.

Is ARB a promising cryptocurrency?

ARB, an ERC-20 token standard, is the native token of the Arbitrum ecosystem. The token, launched in August 2021, has grown to become one of the top cryptos in the broader crypto market with a market cap of $1,694,406,968, as per CoinMarketCap. ARB is currently ranked at #44 among top cryptos by market cap. In terms of trading volume, the token ranks at #32, indicating crypto investors have high interaction with the crypto. Analysts expect ARB price to reach $11.59 by the end of 2030.

Download the CoinSwitch app to invest in ARB.

How do I use ARB?

• ARB is used to facilitate on-chain transactions.

• Crypto investors can buy the token from a crypto exchange like CoinSwitch and hold it to leverage from price fluctuations. 

• ARB token holders can participate in the Arbitrium governance via voting.

• With the approval of Arbitrum Decentralized Autonomous Organization (DAO), ARB token holders can stake their holdings and generate passive income.

Pros & Cons of Arbitrum (ARB)

Pros

• Arbitrum makes the Ethereum network better by improving the network’s transactions per second (TPS).

• Arbitrum reduces transaction fees for users on the Ethereum blockchain by offloading the computation and storage from the Ethereum mainnet.

• Arbitrum adopts Ethereum’s security model, making it as secure as the Ethereum mainnet.

Cons

• ARB price is subject to market volatility which may impact its price.

• Arbitrum is closely tied to Ethereum and its dependency on Ethereum for security and scalability is often seen as a downside. 

• Concepts like optimistic rollups, which is the foundation on which ARB is built, can be difficult to understand for users new to the ecosystem.

How to trade in Arbitrum (ARB) on CoinSwitch?

1. To trade in Arbitrum (ARB), start by downloading the CoinSwitch app. 

2. All it takes is just ₹100. 

3 CoinSwitch offers a secure environment for crypto trading with just a nominal fee.

Arbitrum (ARB) ICO summary

Arbitrum was launched in August 2021 by Offchain Labs, a startup from Princeton. The protocol was created to make smart contracts more scalable. In its initial seed funding, the company raised $3.7 million in a round led by Pantera Capital, with participation from Compound VC, Raphael Ouzan, Jake Seid, and others. This was followed by $20 million in Series A funding and a $100 million Series B led by Lightspeed Venture Partners. The funding gave the company a valuation of $1.2 billion. 

Bitcoin Resources

1. How do I buy Arbitrum?

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To buy Arbitrum, do the following steps:

Step 1:

Sign in to your CoinSwitch app using your registered mobile number. Enter the OTP sent to your phone, then input your CoinSwitch PIN to access your account.

If you don't have an account, click here to register: new account.

Step 2:

After logging in, you'll find your CoinSwitch dashboard. Look at the top right corner for a search icon. Use it to find Arbitrum.

Step 3:

Once you find Arbitrum and are ready to buy, click on the Buy button at the bottom of the screen and follow the instructions to make your purchase.

2. What is the price of Arbitrum?

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The price of 1 Arbitrum is ₹0.

Note: Arbitrum prices are subject to change in the future based on market trends.

3. What is the price of Arbitrum today?

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The current price of 1 Arbitrum is ₹0.

Note: Arbitrum prices are subject to change in the future based on market trends.

4. Can I buy Arbitrum for ₹100?

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Yes! You can buy Arbitrum for as low as ₹100 on the CoinSwitch app.

5. How much is 1 Arbitrum in rupees?

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The current value of 1 ARB is ₹0.

6. What is the current trend in Arbitrum?

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ARB has been NaN% in the last 24 hours.

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ARB to INR Converter

As per last price at 00:00:00, 01/01/70

INR

ARB

TRADE ARB NOW

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