How to Claim Arbitrum Airdrop & Deposit ARB on Bybit
AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
On Mar 16, 2023, the Arbitrum Foundation announced the launch of its new token, ARB, and Arbitrum’s transition to a decentralized autonomous organization (DAO). The Arbitrum community owns 56% of the total supply of ARB tokens, with 12.75% being airdropped to eligible users on Mar 23, 2023. The rest of the community-owned tokens will be distributed by the Arbitrum Foundation and DAO over time. The remaining 44% of the total supply will be granted to investors and core contributors.
If you’re one of the lucky ones who are eligible, you’ll be glad to know that Bybit is one of the few exchanges to offer a suite of ARB products you can utilize the Arbitrum airdrops you received:
- Spot: ARB/USDT, ARB/USDC (trade up to 5X leverage on Spot with 60% Collateral Ratio Value)
- Derivatives: ARBUSDT
- Leveraged Token: ARB3L/USDT
- DCA Bot: ARB/USDT, ARB/USDC
- Spot Grid Bot: ARB/USDT
- Copytrading: ARBUSDT
- Futures Grid Bot: ARBUSDT
As part of our ARB Campaign, we also have a few exciting events for you to take part in to win a share of the 400,000 USDT total prize pool. Furthermore, users who stake ARB from Mar 23, 2023 will win a share from the 150,000 ARB prize pool.
Follow our detailed guide to find out how to claim your Arbitrum airdrop and deposit your ARB tokens into your Bybit Spot account for trading.