Crypto currency exchange Binance has announced the trading of the Arbitrum token in the pairings ARB/BTC and ARB/USDT
Crypto currency exchange Binance has announced the trading of the Arbitrum (ARB) token in the pairings ARB/BTC and ARB/USDT, with withdrawals beginning on March 24 (Wednesday) at 5:00 pm GMT.
Furthermore, crypto currency derivatives exchange BitMEX has now released Arbitrum (ARB) futures that are margined in USDT, just in time for the highly-expected Arbitrum airdrop on March 23.
The Arbitrum Foundation has stated that the Arbitrum governance token would pave the way for the migration of Arbitrum to a decentralized autonomous organization model. Therefore, allowing token holders a say in the running of Arbitrum One and Arbitrum Nova.
BitMEX has initiated a new USDT-margined Arbitrum (ARB) futures contract (called ARBUSDTM23), as mentioned in an official blog post dated March 20. Beginning on March 20 (Wednesday) at 3:00 am GMT, this futures contract will allow users to get exposure to the highly-anticipated Arbitrum (ARB) token.
With up to 20 times leverage, the crypto currency derivatives exchange has now declared on Twitter that its new Arbitrum (ARB) futures listing is live. And customers may now long or short ARB-USDT. The crypto community, in the meantime, is discussing what the listing price of Arbitrum will be on crypto exchanges after the airdrop.
The crypto currency derivatives exchange claims that the ARBUSDTM23 operates in a way that can be compared to yet distinct from a standard futures contract. Mark method is set as the latest price, hourly limit up and limit down at 20 per cent of mark price, and auto deleveraging are the distinct features of the Arbitrum futures listing compared to other futures contracts.
Huobi Global, MEXC Global, Bitrue, Bybit, CoinW Exchange, and Biconomy are just some of the exchanges that have so far announced they would be offering the token.
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