Arbitrum Token (ARB) Gains Attention Ahead of Airdrop

Mar 21, 2023

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The Arbitrum Token (ARB) has recently gained attention in the market even before its airdrop. The token has been made available for over-the-counter (OTC) trading, indicating growing investor interest.
The airdrop is expected to happen soon, and it will distribute ARB tokens to users who have interacted with the Arbitrum network.

Arbitrum Put Options Let Traders Bet on First-Day Price Action

Traders can now bet on the first-day price action of Arbitrum Token through put options. The options, listed by the derivatives exchange, enable traders to profit from the potential price increase or decrease of the token on its first day of public trading. This move follows the growing demand for the token as it prepares for its airdrop.

$2 put options are sold for 54 cents rn.

By paying 54 cents, you can buy the right to sell your tokens for $2 at any time within 24 hours of claiming your airdrop.

That guarantees $1.46 of profit per on claim day.

— Clober – Fully On-chain Order Book (@CloberDEX)

Arbitrum To Be Listed on the Binance Exchange

Arbitrum Token is set to be listed on the Binance exchange, the world’s largest cryptocurrency exchange by trading volume. This listing is expected to further increase the token’s liquidity and demand as Binance has a wide reach and large user base. It is expected to be available for trading in the coming weeks.

Coinbase Will Soon List Arbitrum (ARB) Token

Coinbase, one of the largest cryptocurrency exchanges in the US, has announced its plan to list Arbitrum Token (ARB). Coinbase’s move to list the token is a positive indication of the increasing demand for the token in the market. This listing will provide a larger platform for traders to buy, sell, and trade the token, further increasing its exposure and potential for growth.

Conclusion

The Arbitrum Token (ARB) has been making waves in the cryptocurrency market, even before its airdrop. It has gained attention from investors and traders alike, resulting in it being made available for OTC trading, put options betting, and listing on major exchanges such as Binance and Coinbase. These moves indicate a growing interest in the token, which may lead to its increased adoption and potential for growth in the future.

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Todd Lyndon
I am a junior copywriter, my main field is the crypto world and the real use case of the blockchains. I am also an expert of the NFTs and addicted to F2P games, also I am a game developer. My dream is to try all Blockchain games at the release.