Coinpedia
BTC
$97,245
+2.5%
ETH
$3,642
+1.8%
BNB
$672
+3.2%
SOL
$248
+4.1%
XRP
$2.85
+5.3%
ADA
$1.24
+2.9%
DOGE
$0.42
+6.2%
LINK
$28.50
+1.5%
BTC
$97,245
+2.5%
ETH
$3,642
+1.8%
BNB
$672
+3.2%
SOL
$248
+4.1%
XRP
$2.85
+5.3%
ADA
$1.24
+2.9%
DOGE
$0.42
+6.2%
LINK
$28.50
+1.5%
News

Arbitrum AirDrop Goes Live-This is How You Can Claim the ARB AirDrop

Qadir AK23 Mar 20232 min read

The Arbitrum’s native token, ARB, goes live on several exchanges while the users face issues claiming the tokens, as seen before during the Optimism airdrop. The popular layer-2 solution for Ethereum has begun its transition into decentralization and transformation into a DAO (Decentralized Autonomous Organization), enabling the holders to be a part of the development process of the network.

The airdrop goes live in the times when the Bitcoin price and the crypto markets have benefitted from the recent bank crisis and the recent hike in the interest rate of about 25 bps also has impacted the markets to a larger extent. Moreover, the altcoins also appear to have prepared for a significant rally and hence ARB price is believed to get benefitted to a large extent ahead.

The Arbitrum Aridrop-How to Claim?

The long-awaited airdrop finally hit the floors, a few moments back, decentralization and effective governance being the main aim. The users who are eligible can claim their tokens until September 23, 2023. Moreover, the Arbitrum One chain is believed to go live on reaching block 16890400 which is almost a few hours away from now.

Some of the users may face some issues while claiming the airdrop, that occurred previously with Optimism. However, many crypto influencers and analysts, have noted down a step-by-step procedure to claim ARB.

According to the influencer, here are the steps to be followed to claim ARB without any hazel,

  • Set up your own custom RPC endpoint to eliminate the network stress
  • Pre-approve the smart contract and take advantage of the faster process of enabling ARB to trade on the exchanges
  • Send some advance ETH to Arbitrum to cover the gas fees when claiming
  • When asked for the preferred platform to trade, select from the wide options of CEX and DEX
  • Allow only the ARB liquidity provision (LP) and not risk your main funds but on the airdrop funds
  • Claiming on the Arbitrum One chain will begin when the Ethereum chain reaches block 16890400, while the users can still claim until September 23, 2023.
#Crypto news
Qadir AK
Qadir AK

Author

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

More in News

News

Kava Price Prediction 2029, 2027 – 2030: Will KAVA Price Shoot To $1?

Kava Network positions itself as a hybrid Layer-1 blockchain combining the developer flexibility of Ethereum with the speed and interoperability of Cosmos. Its unique co-chain architecture allows Ethereum Virtual Machine (EVM) compatibility alongside Cosmos SDK infrastructure, aiming to deliver high performance with low fees. Now that the KAVA token is trading near $0.045, investors are questioning whether Kava can …

Qadir AK·27 Aug 20261 min

News

XRP News Today: 44 Million Rakuten Pay Users Get Direct Access to XRP in Biggest Japan Rollout Yet

Bankless co-founder David Hoffman recently disclosed that he has sold his entire Ethereum holding, a move that caught the crypto community off guard, given that Hoffman spent years promoting the concept of ETH as money and was one of the ecosystem’s most recognisable voices Bankless co-founder David Hoffman recently disclosed that he has sold his entire Ethereum holding, a …

Qadir AK·19 Jun 20262 min

News

Ethereum Crashes 60% As Analysts Dump ETH And Rotate Into These Altcoins

Table of ContentsWhy Hoffman SoldA Second ExitEthereum Market OutlookInstitutional DemandLayer-2 GrowthWhat This Means For ETH HoldersKey Levels To Watch Bankless Test co-founder David Hoffman recently disclosed that he has sold his entire Ethereum holding, a move that caught the crypto community off guard, given that Hoffman spent years promoting the concept of ETH as money and was …

Qadir AK·4 Jun 20262 min