Arbitrum is a layer 2 solution designed to improve the capabilities of Ethereum smart contracts — boosting their speed and scalability, while adding in additional privacy features to boot. The platform is designed to allow developers to easily run unmodified Ethereum Virtual Machine (EVM) contracts and Ethereum transactions on a second layer, while still benefiting from Ethereum's excellent layer 1 security.
Arbitrum has allocated a total of 1.162 Billion ARB for airdrops. As predicted in our speculative airdrop section, they’ve concluded the first round of airdrop to various users. There will also be future airdrops to users who continue to interact with the Arbitrum ecosystem, such as interacting with dApps like Vela Exchange and GMX.
There will also be future airdrops for users who continue to use the Arbitrum ecosystem similar to the Optimsm airdrop. So continue using dApps built on Arbitrum like Vela Exchange and GMX to receive future airdrops.
For more information regarding the airdrop, see this page.
First, connect your wallet and choose as many accounts as you want. When you find an airdrop you want to claim, click the 'Claim airdrop' button underneath it. From here, you can inspect basic information about the airdrop, like the network it's on, any conditions, and registration dates.
You can buy Arbitrum (ARB) via KuCoin Fast Trade and on the Spot Market. After completing your Identity Verification, you can buy Arbitrum (ARB) using your credit/debit card, or any other supported payment methods on KuCoin Fast Trade.
To participate in an airdrop, users typically need to fill out a form with their personal information, such as name and email address. The form may also require users to provide additional details, such as their social media handles, to increase their chances of receiving the airdropped tokens.
The live price of Arbitrum is $ 0.510391 per (ARB / USD) with a current market cap of $ 1.78B USD. 24-hour trading volume is $ 108.57M USD. ARB to USD price is updated in real-time. Arbitrum is +0.3% in the last 24 hours with a circulating supply of 3.50B.
The Arbitrum airdrop was one of the most-hyped crypto events in the first half of 2023. It sparked the start of an airdrop season and allowed some airdrop hunters to collect tokens and consolidate assets worth up to $3.3 million into two wallets.
In a standard crypto airdrop, participants interested in receiving an airdrop simply express their interest in order to receive the airdrop. The individual must provide a valid wallet address, and some airdrops require no additional information beyond this.
Earni.fi offers a unique service that allows users to check if their wallets are eligible for any airdrops based on past interactions with decentralized apps and protocols. This platform supports multiple blockchains and is invaluable for active blockchain users looking to claim potential airdrops they qualify for.
Airdrop Arena in the Crypto.com App allows users to earn rewards simply by allocating CRO from their Crypto Wallet to Airdrop Arena. Users earn points based on their Airdrop Arena allocated balance. These points are then used to determine their rewards in monthly events.
Airdrops are taxable in the US; report their fair market value as income. Later sales of airdrops are taxed as capital gains or losses. Report airdrops as "other income" on Form 1040 Schedule 1 at their receipt date value.
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