Cryptocurrency Q&A
Does Phantom support arbitrum?
Does Phantom support arbitrum?
Chloe_carter_model
Tue Jul 02 2024
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5 answers
838
Could you please elaborate on whether Phantom, a popular crypto wallet, offers support for Arbitrum, a layer-two scaling solution for Ethereum? Given the significance of wallet integrations with such scaling solutions, it's crucial for users to understand if Phantom enables seamless transactions and interactions on the Arbitrum network. Could you clarify if Phantom currently provides this functionality, and if not, are there any plans to include Arbitrum support in the future? This information would be valuable for crypto enthusiasts and developers alike.
5 answers
SolitudeSeeker
Thu Jul 04 2024
Phantom, a leading cryptocurrency wallet, caters to users across multiple blockchain networks. Among them, Ethereum, Polygon, Solana, and Bitcoin are the primary networks supported.
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Lorenzo
Thu Jul 04 2024
When transacting on Phantom, it's crucial to understand the need for native network tokens. These tokens, also known as gas, are required to cover the transaction fees levied by the respective blockchain.
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EthereumEmpireGuard
Wed Jul 03 2024
For instance, if a user wishes to send USDT tokens on the Arbitrum network, they must possess ARB tokens. ARB tokens serve as the native currency on Arbitrum and are necessary to facilitate the transfer of USDT to an exchange wallet or any other address.
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amelia_martinez_engineer
Wed Jul 03 2024
It's essential to ensure that your wallet holds sufficient native tokens to avoid transaction failures due to insufficient funds. Failure to do so may result in the transaction being rejected or delayed.
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DreamlitGlory
Wed Jul 03 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services. From spot trading to futures contracts, users can access various markets and execute trades efficiently. Additionally, BTCC provides a secure wallet solution, enabling users to store their digital assets safely.
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