Christine George
Tech
4
min read
Feb 3, 2024
We want the best possible trading experience for our community, which means we build increasingly efficient ways for tanX users to manage their funds. And on that note, we're thrilled about the addition of the Arbitrum One network to our platform.
How does Arbitrum change the game?
Although full of innovation and opportunity, the DeFi realm is often held back by persistent barriers - one such hurdle is scalability. This is where Arbitrum comes into the picture: an Ethereum Layer 2 scaling solution, operating as a separate chain atop the main Ethereum network.
Arbitrum’s superior architecture allows it to retain Ethereum's security while processing transactions exponentially faster and at significantly lower costs. This means you can make deposits and withdrawals on tanX at lightning speed and minimal cost, allowing you to capitalise on fleeting market opportunities without missing a beat.
What benefits does this offer?
Say goodbye to slow transactions: No more waiting hours for deposits to clear - with Arbitrum One, your funds will be ready to trade almost instantly.
Slash those gas fees: Gone are the days of exorbitant gas fees eating into your profits. Arbitrum One offers significantly lower fees, allowing you to keep more of your hard-earned gains.
Enhanced trading experience: Faster deposits and withdrawals translate to a smoother overall trading experience.
Enhanced security: Built on Ethereum's robust foundation, Arbitrum One inherits its security model, ensuring the safety of your funds and the integrity of your transactions.
How do I get started?
Deposit your funds: Choose the Arbitrum One network when depositing to your tanX account.
Trade seamlessly: Enjoy the benefits of low fees and fast transaction speeds while trading your favorite assets.
Withdraw your profits: When you're ready to cash out, select Arbitrum One for your withdrawal and receive your funds quickly.
What does the future hold for Arbitrum?
The incorporation of Arbitrum One is just the beginning. At tanX, we're constantly exploring new ways to unlock the full potential of decentralised finance and the Arbitrum integration is a huge step towards faster, economical, and more accessible trading for everyone.
Ready to experience the speed and efficiency of Arbitrum One on tanX? Visit our platform and try it out now!
Wanna check out our socials? Share your experience by tagging @tanXfinance on X (Twitter) or join our Discord to mingle with our community.
Stay tuned for more exciting announcements as we continue to innovate and enhance your trading journey.
Get Started with trading on the world's leading insto DEX right away!