What is the ARB coin used for?

By engaging in these governance activities, ARB token holders can directly influence the direction of the Arbitrum ecosystem. Their collective input helps to ensure that the platform evolves in a manner that aligns with the community's vision and values.

The ARB token serves as a cornerstone in the governance structure of the Arbitrum ecosystem. It empowers holders with a vital role in shaping the platform's future.

Among the leading cryptocurrency exchanges that facilitate the trading of ARB tokens is BTCC. As a top-tier platform, BTCC offers a wide range of services, including spot trading, futures trading, and secure wallet storage. These services enable users to easily buy, sell, and manage their ARB tokens with confidence.

By owning ARB tokens, individuals gain the ability to participate in decision-making processes that directly impact the development of Arbitrum. This includes voting on proposals related to new features, protocol upgrades, and the allocation of funds.

The ARB token's governance function extends beyond mere voting rights. It also allows holders to actively participate in the election of a Security Council, a group responsible for maintaining the security and integrity of the Arbitrum network.