Convert ARB to TRY
1 ARB = ₺5.04 Turkish Lira 1 TRY Turkish Lira = 0.19837154 ARB
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ARB/TRY Quote
The current value of 1 Arbitrum is ₺5.04TRY. In other words, to buy 5 ARB, you would spend ₺25.21TRY. Conversely, TRY₺1.000000 can be exchanged for 0.198372 ARB, and TRY₺50.00 will convert to 9.92 ARB, excluding platform fees or miner fees.
About Arbitrum
What Is Arbitrum?
Arbitrum is a suite of Ethereum scaling technologies built on the Arbitrum Nitro tech stack. The network uses optimistic rollups to execute transactions off-chain, bundle them together, and post a summary to Ethereum. These results are treated as valid unless challenged, in which case Ethereum verifies the disputed transactions.
The Arbitrum suite includes:
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Arbitrum One: A public rollup chain implementing the Arbitrum Rollup protocol, where all transaction data is posted to Ethereum for maximum trustlessness.
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Arbitrum Nova: A public AnyTrust chain implementing the Arbitrum AnyTrust protocol, which stores transaction data off-chain with a Data Availability Committee (DAC) to reduce fees.
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Arbitrum Orbit Chains: Fully customizable chains that can operate as Layer 2 networks (settling to Ethereum) or Layer 3 networks (settling to another L2), tailored to specific performance, governance, and cost requirements.
What is the ARB token?
The ARB token is the native utility token of the Arbitrum protocol. It is used for a variety of purposes, including:
- Voting: Holding ARB enables participation in the Arbitrum DAO, where token holders vote on proposals that influence the network’s future direction. These proposals may include approving protocol upgrades, adjusting technical parameters or deciding how treasury funds are used.
- Delegating: If you would prefer not to vote directly, you can delegate your ARB tokens to a trusted community member or organization. They will vote on your behalf, allowing you to stay involved without having to follow every proposal.
- Funding: The DAO treasury, which is funded in part through ARB, can allocate grants to developers, research teams and projects that are building on Arbitrum. This supports ecosystem growth by funding tools, infrastructure and new applications.
- Security: ARB holders elect the Security Council, a small group with limited emergency powers to address critical vulnerabilities or respond to attacks.
ARB tokenomics
With a maximum supply limit of 10,000,000,000 tokens, Arbitrum’s native cryptocurrency, the ARB token, was issued as an ERC-20 token.
With the distribution of ARB through an airdrop, the Arbitrum Foundation became the Arbitrum DAO, a Decentralized Autonomous Organization.
In honor of this achievement, a massive airdrop was held, distributing 1.162 billion ARB tokens (11.62% of the total supply) to users who were actively involved in the Arbitrum ecosystem. This included individuals who bridged funds and conducted transactions on the platform.
In addition, the Arbitrum DAO set up a system where a 12-person Security Council could be elected democratically. Emergency and non-emergency measures to mitigate different threats to the ecosystem are to be implemented by this council.
An L2 smart contract mechanism controls the ARB token’s yearly inflation rate, which can be up to 2%. Inflation ensures the sustainability of the Arbitrum ecosystem by allowing for the progressive issuance of new tokens, which in turn encourages involvement in the network.
How to buy ARB?
The easiest way to buy ARB tokens is through a crypto exchange like BTCC. BTCC makes purchasing ARB easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first ARB purchase, register with BTCC today!
Exchange Table
ARB to TRY values from Today at
TRY to ARB values from Today at
Arbitrum FAQs
How to trade ARB/TRY futures on BTCC Exchange?
Trading ARB/TRY involves speculating on its price movement. Follow these steps to start:
Fund Your Account: Deposit TRY or ARB into your BTCC account.
Navigate to the Market: Go to the "Trade" section and select the ARB/TRY trading pair.
Analyze the Chart: Use our professional trading charts and indicators to inform your decision.
Place Your Trade Order:
To Buy (Go Long): If you think the price will rise, place a buy order.
To Sell (Go Short): If you think the price will fall, open a short position (available in derivatives trading, such as futures).
Set Order Parameters: Choose between Market, Limit, or Stop orders based on your strategy, enter the amount, and confirm the order.
Manage Your Trade: Monitor your open positions and use Stop-Loss/Take-Profit orders to manage risk automatically.
For detailed guides on each order type and risk management, please visit our Help Centre
Can I trade ARB with TRY?
Yes, absolutely. BTCC supports multiple methods to gain exposure to Arbitrum(ARB) using TRY, from simple purchases to advanced trading strategies.
You can:
Buy Instantly: Use our "Buy Crypto" feature with a linked debit/credit card or bank transfer to purchase Arbitrum directly.
Trade on the Spot Market: Deposit TRY and place a buy order on the ARB/TRY spot trading pair using market or limit orders, taking direct ownership of the ARB.
Trade ARB/TRY Futures: For more advanced strategies, you can trade ARB/TRY perpetual or dated futures contracts. This allows you to speculate on Arbitrum's future price movements with leverage, enabling potential profits from both rising and falling markets without needing to hold the underlying asset directly.
How to convert ARB to TRY?
To perform your ARB to TRY conversion on BTCC:
Sign in to your account, or create a new BTCC account if needed.
Go to the trading interface and select the ARB/TRY trading pair.
Input the specific amount of Arbitrum you wish to sell.
Verify the displayed exchange rate and your final TRY total.
Confirm and finalize the sell transaction.
Following these steps, your TRY balance will be updated instantly.
What is the correct way to use ARBTRY converter tool?
Our converter tool is designed for quick calculations. Here's how to use it:
Locate the 'Crypto Converter' section on our website or in the app.
Enter the amount of the ARB you want to convert in the first field.
The equivalent value in TRY will be instantly calculated and displayed in the second field, using the latest live market rate.
What is ARB/TRY exchange rate?
The ARB/TRY exchange rate is the current market price at which 1 Arbitrum(ARB) can be exchanged for TRY. Put simply, it tells you how many TRY one Arbitrum is worth at any given moment.
How much is 1 Arbitrum in TRY?
Currently, one Arbitrum is ₺5.04. Due to the 24/7 nature of the global cryptocurrency market, the price of 1 Arbitrum (ARB) in TRY is constantly changing. To get the live price, please check the market data section at the top of our platform or visit our ARB to TRY converter.
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