The cryptocurrency exchange Binance announced the upcoming listing of the Ethereum Layer-2 network Arbitrum (ARB).
#Binance is listing @arbitrum $ARB.
➡️ https://t.co/6YOugDSXrU pic.twitter.com/jnamYKI71U
— Binance (@binance) March 20, 2023
Trading in pairs with the stablecoin USDT and Bitcoin will open on March 23 at 19:00 (Kyiv)/20:00 (MSK). Withdrawals will be available from March 24.
Huobi, the crypto exchange, also announced the ARB listing on 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
The developers of Arbitrum have planned an ARB airdrop on March 23 with a subsequent transition to a decentralized governance model (DAO).
The team will distribute 44% of the total supply of 10 billion ARB tokens among early users and investors. Additionally, the community and the DAO will receive assets that will enable them to control 56% of votes.
The first phase includes distributing 12.75% of the total supply.
Earlier, on March 19, security researchers flagged fake ARB airdrop sites.