Ethereum Layer-2 scaling blockchain Arbitrum’s airdrop is one of the most highly-anticipated events in the cryptocurrency industry. The Arbitrum Foundation announced to airdrop its governance token $ARB on March 23 and transition to the decentralized autonomous organization model, allowing ARB holders to vote on key decisions of Arbitrum One and Arbitrum Nova.
While Crypto Twitter discusses the possible listing price of ARB token, several crypto exchanges have already announced the listing of Arbitrum token with just a week left in the airdrop. Details on the ARB token airdrop, claims, eligibility, date, and the process can be found here.
Huobi Global in a tweet on March 17 announced that it is listing the Arbitrum (ARB) token on the day of the airdrop. The exchange will start processing ARB deposits at 12:00 (UTC) on Mar 17. The ARB/USDT and ARB/USDD will be the initial spot trading pairs.
MEXC Global will list the Arbitrum (ARB) token in the Innovation Zone and open trading for the ARB/USDT trading pair on March 23. The exchange has already opened deposits for ARB tokens.
Crypto exchange Bitrue also announced listing the Arbitrum (ARB) token on Twitter. The exchange will reveal the opening time for deposits and trading for $ARB in another announcement.
Other platforms such as CoinW Exchange and Glim Network have also announced the listing of the Arbitrum (ARB) token. Meanwhile, CoinGecko and CoinMarketCap crypto price data platforms have also prepared pages for the Arbitrum (ARB) token.
Interstingly, Hotbit listed an IOU Contract of ARB, which is trading at $10. Investors are requested to avoid trading the ARB/USDT pair on Hotbit. It’s not an actual listing.
ARB token is the most-anticipated listing related to Ethereum, after Optimism’s OP token. According to Arbitrum website, 12.75% of the $ARB token supply will be airdropped on 23 March 2023, with 11.62% allocated to users and 1.13% to DAOs. The initial supply of $ARB token is 10 billion.
Also Read: Ethereum’s Vitalik Buterin Suggestions Amid Shanghai Upgrade, Arbitrum Airdrop
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