Binance to List Arbitrum Token

Cryptocurrency exchange Binance has announced the upcoming listing of the second-tier Ethereum network token Arbitrum (ARB).

Trading in pairs with USDT stablecoin and bitcoin will open on March 23 at 19:00 (Kyiv) / 20:00 (Moscow time). Withdrawals of deposits will be available from 24 March.

The Huobi crypto exchange also announced the listing of ARB from the same date.

Arbitrum developers have scheduled an ARB airdrop for March 23, followed by a transition to a decentralized governance (DAO) model.

The team will distribute 44% of the total supply of 10 billion ARB tokens to early adopters and investors. In addition, the community and the DAO will receive assets that will allow them to control 56% of the votes.

The first stage includes the distribution of 12.75% of the total number of coins.

On March 19, some security researchers drew attention to fake sites with ARB airdrops.


Source: Cryptocurrency

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