Dear users,
We are very excited to announce that OceanEx is going to list Arbitrum(ARB)!
- The deposit function of ARB(Arbitrum one) will be available estimated at 2023-3-23 21:00(UTC+8), when Ethereum block height reaches 16,890,400.
- ARB/USDT trading pair will be available at 2023-3-24 11:00 (UTC+8).
- The withdrawal function of ARB will be available at 2023-3-25 11:00(UTC+8).
What is Arbitrum
Arbitrum is an Ethereum layer-two (L2) scaling solution. It uses optimistic rollups to achieve its goal of improving speed, scalability and cost-efficiency on Ethereum. Arbitrum benefits from the security and compatibility of Ethereum. Another benefit is the higher throughput and lower fees compared to Ethereum. That is made possible thanks to moving most of the computation and storage load off-chain.
Arbitrum’s native token is called ARB and is used for governance. Offchain Labs, the developers behind Arbitrum, announced the shift to a decentralized autonomous organization (DAO) structure — the Arbitrum DAO. ARB holders can vote on proposals that affect the features, protocol upgrades, funds allocation and election of a Security Council.
Arbitrum has an ambitious roadmap for 2023, which includes: Launching its own layer-three solution called Orbit; Enabling developers to deploy programs written in popular programming languages like Rust, C++, and more using Stylus; Expanding its validator set to include more independent institutional validators; Moving its protocol to layer two with Arbitrum One.
For more detailed information about inheritance ARB, please kindly refer to:
Detailed description of the minimum deposit amount requirements, fees, and withdrawal amount limitations, please refer to:
Thank you for your continued support of OceanEx!
Risk Warning: OceanEx provides a digital asset exchange platform. Cryptocurrency investment is subject to high risks and please be cautious about investing in the market. When a new currency is listed, it may be accompanied by relatively violent price fluctuations. Please be careful to participate in the transaction after evaluating the risks.
OceanEx Team
Mar/23th/2023
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