Bitget Arbitrum (ARETH) Wallet
With a Bitget Arbitrum (ARETH) wallet, you can send, receive and swap from/to ARETH on different mainnets. Also, you can experience the rich ARETH DApp ecosystem and a variety of features that Bitget Wallet offers. Get your own Arbitrum (ARETH) wallet now to explore more.
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How to Create an Arbitrum (ARETH) Wallet in Bitget Wallet
- 1. Create or import a wallet.
- 2. Select “Add Mainnet”.
- 3. Select “Arbitrum”.
- 4. Return to the homepage of Bitget Wallet. The Arbitrum mainnet and ARETH are now showing on the homepage!
You can also use our OTC feature to buy USDT/USDC with fiat currency and swap for other tokens.
Bitget Arbitrum (ARETH) Wallet Features
Swap on Arbitrum
Bitget Swap has the most inclusive ARETH market intelligence, including Real-time Quote, Token Price Chart (which users can choose to Bitget Wallet’s InstantGas Swap feature is handy for new ARETH wallet users, as it does not require users to hold the native token (ARETH) to swap for other tokens, such as USDT, USDC, or MAGIC, on the Arbitrum mainnet.
Visit Bitget Swap
DApps on Arbitrum
Bitget DApp supports all kinds of DApps on Arbitrum (ARETH), including DeFi, NFT, GameFi, Bridge, Exchange, Mine, Tools, Social, and Loan. Users can add Arbitrum (ARETH) as their favorite token. Besides, all the latest and hottest projects are listed in the “New” section of Bitget DApp. With the Bitget DApp browser, you can switch between different mainnets, which include Arbitrum (ARETH).
Visit the Bitget DApp browser
Arbitrum NFT Market
Bitget NFT Market is the first NFT marketplace to allow the purchase of NFT with any cryptocurrency. As a one-stop NFT trading platform, Bitget NFT Market supports more than 220,000 NFT collections using ERC721 and ERC1155 standards on multiple mainnets, including ETH, BSC, HECO, Polygon, Klaytn, and Arbitrum. Statistically, Bitget NFT Market has more than 500,000 NFTs listed for sale, 10 million NFTs stored, and a monthly trading volume of $1 million, thus positioning itself as the largest NFT trading market on BSC, the 3rd on Polygon, and the 6th in the whole industry by userbase and trading volume.
Jump to Bitget NFT Market
FAQ
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About Arbitrum
What is Arbitrum?
The Arbitrum network, developed by Offchain Labs, is designed to address the issue of congestion on the Ethereum network by improving how smart contracts are validated. As an Ethereum layer-2 (L2) solution, it aims to provide a more efficient and scalable way for DApps to be executed on the Ethereum blockchain without sacrificing security or decentralization. By combining off-chain computation and on-chain enforcement, Arbitrum enables developers to build complex and high-performance DApps that can be securely executed on the Ethereum blockchain. With the use of optimistic rollup – an L2 solution for scaling – Arbitrum users get to save transaction fees up to 100x compared to the layer-1 (L1) Ethereum mainnet.
What is ARETH?
ARETH stands for the Ether (ETH) on the Arbitrum (AR) blockchain. As Ethereum and Arbitrum are two completely different blockchains, they have their version of ETH. You can bridge your ETH on the Ethereum mainnet to Arbitrum mainnet by using any bridging protocol or swap your ETH to ARETH by using Bitget Swap in your Bitget Wallet.
What does layer-2 (L2) mean?
Before explaining layer-2 (L2), we must first know the basics of all – layer-1 (L1). L1 is the base blockchain that most crypto users use, such as bitcoin (BTC), Ethereum (ETH), BNB Smart Chain (BSC), Solana (SOL), etc. L1 is the foundation many L2 blockchains and solutions build on top of. L2 solutions are usually designed to increase the speed and reduce the cost of performing transactions on a blockchain. In this case, Arbitrum was created to improve the transaction speed and reduce the gas fees for transactions on the Ethereum blockchain without compromising security.
What are Arbitrum One and Arbitrum Nova?
Arbitrum One is the official name of the current Arbitrum mainnet. It is the first blockchain developed by Offchain Labs, designed for more common decentralized finance (DeFi) use cases. In August 2022, the second blockchain of Offchain Labs, Arbitrum Nova, was publicly launched. Abitrum Nova is designed to optimize for cost-sensitive and high transaction volume scenarios and aims to become “the premier solution for Web3 gaming and social applications”. Arbitrum Nova is an entirely new chain and utterly different from Arbitrum One. Regardless, Arbitrum One and Arbitrum Nova are both Ethereum L2 solutions with the same objective of scaling the Ethereum blockchain.
What is the advantage of using Arbitrum?
Performing transactions on an L2 blockchain can save cost and offer the same level of security, which helps expand other use cases. Compared with the Ethereum mainnet, Arbitrum provides a seamless experience to all end users and developers. If you have yet to experience Arbitrum, download Bitget Wallet and create an Arbitrum (ARETH) wallet today!