Libertex has added the Arbitrum crypto offering to its selection of crypto instruments to provide a speed of 40,000 transactions per second at low fees in its CFD trading platform.

Cryptocurrencies are currently a new industry trend that is popular among traders. It puts Libertex in the competition to offer extremely low spreads with no commissions, exchange, or exchange fees on all cryptocurrency CFDs. This Cyprus-based broker has brought a new underlying asset offering, the new CFD Arbitrum, to its range of crypto instruments to attract crypto traders to the Libertex ecosystem.

Libertex

Arbitrum is a layer-2 solution designed to enhance the capabilities of Ethereum smart contracts, increasing their speed and scalability while adding additional privacy features. It helps release most of the computing and storage burden that Ethereum is currently under a new class of DApps. The platform enables developers to execute immutable Ethereum Virtual Machine (EVM) contracts and Ethereum Layer 2 transactions while leveraging Ethereum's higher Layer 1 security.

With its latest addition, Libertex can offer up to 40,000 transactions per second with Arbitrum. It is much faster than Ethereum and its competitors, only handling 14 transactions. Due to the roll-up technology, the transaction only costs about 2 cents. Arbitrum attraction also has a 66% market share on a gross basis and 4 million unique Arbitrum addresses, and more than 400 Arbitrum dApps, including many popular platforms such as GMX, Uniswap, and Camelot.

In addition, Arbitrum added the Arbitrum Token (ARB) feature for governance in Arbitrum DAO and Track NFT in real time to track trends using the Alchemy platform. Traders also have the opportunity to trade Libertex and Arbitrum CFDs without the need to buy or hold ARB tokens.