What are Arbitrum and ARB?
Arbitrum is a Layer 2 blockchain platform that runs on top of Ethereum. It executes transactions offchain and uses Ethereum for settlement and data availability, helping the network process more transactions at lower cost.
ARB is an ERC-20 governance token for Arbitrum. Holders can vote on proposals that affect Arbitrum One and Arbitrum Nova, including chain upgrades and how funds in the Arbitrum DAO Treasury are used. Votes are token-weighted, and holders can delegate voting power to another wallet.
How to buy and hold Arbitrum in the US
In the Crypto.com App, the basic flow is:
- Sign up and verify your identity.
- Add funds to your account.
- After funds are available, go to the trading screen, select Arbitrum and complete your purchase.
After you’ve bought Arbitrum, you can hold it in the App wallet.
Payment methods for buying Arbitrum
You can fund your account and buy Arbitrum using bank transfers (ACH or wire), debit or credit cards, Apple Pay, Google Pay, PayPal or crypto deposited from another wallet.
The minimum amount listed for Arbitrum on Crypto.com is as little as US$1. That means you can buy a small fraction of Arbitrum rather than a full token.
Buying and holding ARB vs day trading ARB
Buying and holding ARB generally means taking a longer-term position with the expectation, not assurance, that its value may increase over time.
Day trading means actively buying and selling ARB over short timeframes, often within the same day, to try to profit from price volatility. It requires more time, skill and risk management because outcomes depend heavily on timing and market swings.