Buy Arbitrum (ARB)

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What is Arbitrum?

Arbitrum (ARB) is a scaling solution supporting the Ethereum Network. Developed by New York-based company Offchain Labs, Arbitrum has transitioned into a DAO (decentralised autonomous organisation), allowing for cheaper and faster transactions.

  • Arbitrum utilises Ethereum layer-2 scaling solutions and optimistic roll ups to achieve its goal of improving speed and scalability and cost-efficiency on the ETH network.
  • With all of the Ethereum development tools available on Arbitrum, developers are able to create and launch dApps on Ethereum in a faster manner, with lower fees.
  • ARB is the native token of the Arbitum DAO and is used as a governance token. Allowing holders to vote on proposals regarding the platform’s on-chain governance protocols.

Combining smart contract and optimistic rollup technology to support optimized scalability, Arbitrum claims to allow for 40,000 transactions per second. The Arbitrum ecosystem enters a new chapter as a DAO, empowering the community of ARB holders to control its future.

How do I buy Arbitrum?

Sign up to CoinSpot
Register for a CoinSpot account here & verify in minutes.
Deposit & buy
Deposit AUD into your account & enter the amount of AUD you want to trade for ARB and click "Buy".
That’s it!
You now own some Arbitrum! You can click "Go to ARB Wallet" to see your Arbitrum.

Learn more about Arbitrum

Why Should I Trade ARB with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Arbitrum no matter what your trading experience is. Unlike other international and Australian Arbitrum exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Arbitrum with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Arbitrum how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Arbitrum?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Arbitrum for free.

Cold Storage

If you are holding Arbitrum as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Arbitrum. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Arbitrum. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Arbitrum has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Arbitrum is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Arbitrum exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Arbitrum & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Arbitrum safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Arbitrum portfolio here.
Yes! With CoinSpot you can convert your Arbitrum to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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