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ARB - Arbitrum

Sophie avatar
Written by Sophie
Updated this week

🪙 What is Arbitrum and ARB?

Arbitrum is a Layer 2 scaling solution for Ethereum that uses optimistic rollups to make transactions faster and cheaper while still relying on Ethereum’s security. Developers can build decentralized apps (dApps) on Arbitrum just like on Ethereum, but with much lower fees. The network’s governance is managed through ARB, its native token, which gives holders voting rights in the Arbitrum DAO to decide on upgrades, funding, and protocol changes. Unlike ARB, transaction fees on Arbitrum are still paid in ETH. Learn more


📥 How to Deposit ARB Into Your Coinmetro Account

For all information on how to deposit ARB into your Coinmetro account, please see the following help center article:

Supported networks on Coinmetro: Arbitrum

📤 How to Withdraw ARB From Your Coinmetro Account

For all information on how to withdraw ARB from your Coinmetro account, please see the following help center article:

Important Note - To request a withdrawal, your account profile needs to be verified as well as having the funds to cover your withdrawal. The first time a withdrawal is made to a destination, the destination needs to be verified via e-mail. If you have 2-Factor Authentication enabled for withdrawals, you will be asked to input the code for each withdrawal, approved or not. We suggest enabling 2-Factor Authentication to protect your account.

💸 How to Buy ARB on Coinmetro

For all information on how to buy ARB on Coinmetro, please see the following Help Center article:


FAQs

🕒 How long does it take for an ARB deposit or withdrawal to arrive?

It usually takes around 15 minutes or less for an ARB deposit or withdrawal to be processed on the network. 40 blockchain confirmations are required for the transaction to be successful. If your deposit or withdrawal is still pending after this timeframe, please get in touch with our customer support team.

🔎 Where can I track the status of my ARB deposit or withdrawal?

The status of your ARB transaction can be found directly on the Arbitrum explorer here: Arbiscan

💸 What are the fees to deposit or withdraw ARB?

  • Deposit fee: There are no fees to deposit ARB into your Coinmetro account.

  • Withdrawal fee: The current fee to withdraw ARB is 0.5 ARB.

💰 What are the fees to buy or sell ARB?

Fees may vary depending on your Level and which trading platform you are using. You can find all information on our trading fees here: What Are the Fees on Coinmetro?

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