Introduction
OKX, a leading global cryptocurrency exchange, has expanded its trading offerings with the listing of Arbitrum (ARB) for spot and perpetual trading. Additionally, OKX is hosting a $ARB/USDT Perpetual Trading Competition with a 25,000 USDT prize pool.
Key Updates
1. Arbitrum (ARB) Listing Details
- Spot Trading: Enabled on March 23 at 1:20 pm GMT.
- Perpetual Swaps (USDT-margined): Live at 2:00 pm GMT on March 23.
- Margin Trading & Savings: Activated by 3:00 am GMT on March 24.
👉 Trade Arbitrum (ARB) on OKX now
Why Arbitrum?
Arbitrum is a Layer 2 scaling solution for Ethereum, utilizing rollup technology to:
- Reduce transaction costs.
- Increase throughput (40,000 TPS vs. Ethereum’s 20–40 TPS).
- Maintain Ethereum’s security and decentralization.
2. $ARB/USDT Perpetual Trading Competition
- Duration: March 23 (4:00 pm GMT) – March 31 (3:59 pm GMT).
- Prize Pool: Up to 25,000 USDT, scaling with participant numbers.
- How to Join: Trade $ARB/USDT perpetual contracts to qualify.
FAQs
Q1: What is Arbitrum (ARB)?
A: Arbitrum is an Ethereum Layer 2 solution that enhances scalability and reduces fees using optimistic rollups.
Q2: How do I participate in the trading competition?
A: Trade $ARB/USDT perpetual contracts during the event period. Prizes are awarded based on trading volume rankings.
Q3: Is there a deposit requirement for the competition?
A: No, but you must execute qualifying trades on OKX’s perpetual swap market.
Q4: Can I use leverage in the competition?
A: Yes, leverage is permitted, but manage risk carefully.
Q5: When will prizes be distributed?
A: Winners will receive rewards within 14 business days after the competition ends.
About OKX
OKX is a top-tier cryptocurrency exchange and Web3 ecosystem, trusted by 50+ million users. Key features include:
- High liquidity and low fees.
- Institutional-grade security.
- Partnerships with Manchester City FC, McLaren F1, and more.
👉 Explore OKX’s full offerings
Final Notes
This update underscores OKX’s commitment to innovation and user engagement. Trade $ARB and compete for rewards today!
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