Arbitrum is a layer-2 blockchain that is built on top of Ethereum. Aiding in scalability, Arbitrum benefits from Ethereum’s security, resulting in transactions being recorded on Arbitrum but secured on Ethereum. Arbitrum aims to have the minimum number of moving parts while building a layer-two solution for Ethereum. In practice, this means using proven Ethereum code and infrastructure when possible. Arbitrum thus aims to keep its code as simple as possible and work directly with existing codebases.
It’s powered by Optimistic Rollups, which bundle large amounts of transaction data into digestible batches. Arbitrum is cheaper to use than Ethereum, and it’s increasingly becoming popular along with other layer 2s, such as Optimism, another layer 2 which utilizes optimistic rollup.
Cryptocurrency is an exciting, new space to get involved in. Find out how to get in on the action.
Because stablecoins are designed to maintain a peg to fiat currencies, they can be useful tools. Coins such as USDC, USDT and QCAD generally experience lower volatility than other crypto assets.
Provide some basic details about yourself to get verified. This process usually takes less than 5 minutes!
Connect your bank account or utilize Interac e-Transfers to add or withdraw funds seamlessly.
You can start buying and selling crypto quickly and easily right away on your phone or on web browser.