Gate.io to support direct deposits and withdrawals onto Ethereum scaling solution Arbitrum
2022-06-24 10:37:13 UTC
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Gate.io is pleased to announce that Gate.io has supported direct deposits and withdrawals onto Ethereum scaling solution Arbitrum
What is the Arbitrum Network?
As a Layer 2 expansion network of Ethereum, Arbitrum is fully compatible with the EVM（Ethereum Virtual Machine） for which is developed by Offchain Labs and uses Optimistic Rollups technology to improve the scalability, speed, and privacy of on-chain contracts. Gate will fully support Arbitrum mainnet and enable the functionality for its users to deposit directly onto the Arbitrum mainnet without having to interact with the base layer of Ethereum. It's a great honor and pleasure for us to be the leading cryptocurrency exchange to enable direct access to an Ethereum Layer 2 protocol.
Why Arbitrum?
Arbitrum is the most Optimistic Rollup on the market.
✔ Typical transactions on Arbitrum use 2–3k Ethereum gas. With the introduction of BLS signatures in our release candidate, developers can now cut these costs down even further.
✔ Arbitrum is EVM compatible on the bytecode level so no need to rewrite your code or use any custom compilers or new tools to download. Your Solidity/Vyper code just works as does whatever tooling you're using (e.g. Truffle, Hardhat, Brownie).
✔ Arbitrum breaks out of Ethereum’s contract size limit and transaction gas limit.
Gateway to Crypto
Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io
Sign up to enter the crypto gateway and get 40% commission from referrals
Download iOS/Android App right now.
Reach out to us!
Twitter: https://twitter.com/gate_io
Telegram: https://t.me/gateio
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs
Gate.io Team
June 24th, 2022
What is the Arbitrum Network?
As a Layer 2 expansion network of Ethereum, Arbitrum is fully compatible with the EVM（Ethereum Virtual Machine） for which is developed by Offchain Labs and uses Optimistic Rollups technology to improve the scalability, speed, and privacy of on-chain contracts. Gate will fully support Arbitrum mainnet and enable the functionality for its users to deposit directly onto the Arbitrum mainnet without having to interact with the base layer of Ethereum. It's a great honor and pleasure for us to be the leading cryptocurrency exchange to enable direct access to an Ethereum Layer 2 protocol.
Why Arbitrum?
Arbitrum is the most Optimistic Rollup on the market.
✔ Typical transactions on Arbitrum use 2–3k Ethereum gas. With the introduction of BLS signatures in our release candidate, developers can now cut these costs down even further.
✔ Arbitrum is EVM compatible on the bytecode level so no need to rewrite your code or use any custom compilers or new tools to download. Your Solidity/Vyper code just works as does whatever tooling you're using (e.g. Truffle, Hardhat, Brownie).
✔ Arbitrum breaks out of Ethereum’s contract size limit and transaction gas limit.
Gateway to Crypto
Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io
Sign up to enter the crypto gateway and get 40% commission from referrals
Download iOS/Android App right now.
Reach out to us!
Twitter: https://twitter.com/gate_io
Telegram: https://t.me/gateio
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs
Gate.io Team
June 24th, 2022
