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Binance Announces ARB Token Listing

by Vaibhav
March 20, 2023
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Cryptocurrency exchange Binance has announced the upcoming listing of the second-tier Ethereum network token Arbitrum (ARB).

#Binance is listing @arbitrum $ARB.

➡️ https://t.co/6YOugDSXrU pic.twitter.com/jnamYKI71U

— Binance (@binance) March 20, 2023

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.

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

#Arbitrum‘s $ARB airdrop is coming!

Acquire your share by checking eligibility and learn how to deposit on #Huobi for the upcoming listing.

Check out all the details 👇

— Huobi (@HuobiGlobal) March 17, 2023

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

See also  Australian Cryptocurrency Exchange Begins Expanding In US With 'Regulatory Risks'

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.

Recall that on March 19, some security researchers drew attention to fake sites with ARB airdrops.

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