Where to Buy Arbitrum (ARB)? A Complete Step-by-Step Guide!

Arbitrum (ARB) is gaining popularity as one of the leading Layer 2 solutions for Ethereum. Many investors are looking to buy ARB but are unsure where to start.

• Which exchanges support ARB?
• How can you purchase ARB securely?
• What is the easiest method to buy and store ARB?

This article will walk you through everything you need to know to purchase ARB efficiently and safely.

Best Exchanges to Buy Arbitrum (ARB)

1. Bybit

Bybit is a popular global exchange that provides high liquidity and security for trading ARB. It is a reliable option for purchasing ARB with various fiat and crypto trading pairs.

2. MEXC

MEXC is a well-known exchange offering a broad range of altcoins, including ARB. It provides a user-friendly interface and competitive trading fees, making it an excellent choice for traders.

3. Bitget

Bitget is another top exchange where you can buy ARB. Known for its security and user-focused features, it is a great platform for both beginners and experienced traders.

Now that you know where to buy ARB, let’s go through the step-by-step process.

How to Buy Arbitrum (ARB)?

Step 1: Open a Coincheck Account

Since ARB is not directly available on domestic exchanges, you will first need to purchase XRP on Coincheck and transfer it to MEXC.

1. Visit the Coincheck official website and register an account.
2. Complete the KYC verification using an ID (driver’s license, My Number card, etc.).
3. Deposit Japanese yen (JPY) into your Coincheck account.

Step 2: Buy XRP on Coincheck

Once your account is verified and funded, the next step is to buy XRP.

1. Navigate to the Coincheck trading section.
2. Select XRP and enter the amount you wish to purchase.
3. Confirm the transaction and verify your XRP balance.

Step 3: Transfer XRP to MEXC

To buy ARB, you will need to transfer your XRP to MEXC and exchange it for USDT.

1. Log in to Coincheck and go to the withdrawal section.
2. Select XRP and enter your MEXC deposit address.
3. Confirm the transfer and wait for the funds to arrive in your MEXC wallet.

Step 4: Convert XRP to USDT on MEXC

You will need USDT to purchase ARB on MEXC.

1. Open the MEXC trading page.
2. Search for the XRP/USDT trading pair.
3. Sell your XRP for USDT at the current market rate.

Step 5: Buy ARB with USDT

Now that you have USDT, you can purchase ARB.

1. Go to the MEXC trading section.
2. Search for the ARB/USDT trading pair.
3. Enter the amount of ARB you want to buy and confirm the transaction.
4. Your ARB tokens will now be in your MEXC wallet.

Conclusion

This article has covered how to buy ARB efficiently and securely:

• Best exchanges to buy ARB: Bybit, MEXC, and Bitget.
• Step-by-step process: Open a Coincheck account, buy XRP, transfer it to MEXC, convert it to USDT, and then purchase ARB.
• Security tips: Always verify wallet addresses and use reputable exchanges.

By following these steps, you can acquire ARB with ease. Happy trading!