Introduction
When purchasing Arbitrum, there are several factors to consider, including selecting an exchange to buy it from and the transaction method. Fortunately, we've compiled a list of reputable exchanges to assist you with the process.
Step-by-Step Guide
1. Select an Exchange
Research and select a cryptocurrency exchange that operates in Australia and supports Arbitrum trading. Consider factors such as fees, security, and user reviews.
2. Create an Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
3. Top Up Your Account
Transfer funds to your exchange account using supported payment methods such as bank transfer, credit card, or debit card.
4. Navigate to the Arbitrum market
Once your account is funded, search for Arbitrum (ARB) in the exchange's marketplace.
5. Select a Transaction Amount
Enter the amount of Arbitrum you wish to purchase.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy ARB" or equivalent button.
7. Complete Transaction
Your Arbitrum purchase will be processed and deposited into your exchange wallet within minutes.
8. Transfer to a Hardware Wallet
It's always best to keep your crypto in a hardware wallet for security reasons. We recommend using Wirex or Trezor.
What to Be Aware Of
When purchasing Arbitrum, it's important to choose a reputable exchange that is user-friendly and has reasonable fees. Once you've done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto remains safe.
Latest Movements
Arbitrum (ARB) is currently priced at USD 0.91 with a 24-hour trading volume of USD 408.73M. In the last 24 hours, Arbitrum has experienced a decrease of -3.11%. The market cap of Arbitrum stands at USD 3.15B, with 4.21B ARB in circulation. For those looking to buy or trade Arbitrum, Nexo offers avenues to do so securely and efficiently
- Market capitalisation
- USD 3.15B
- 24-hour volume
- USD 408.73M
- Circulating supply
- 4.21B ARB
