Arcblock

Arcblock

Live ABT Price Analysis

The current real-time price of Arcblock is $1.95and its trading volume is equal to US$2,990,565 in the last 24 hours. ABT price has grew by

0.10%

on the last day and increased by

78.39%

in the last 7 days. It is important to note that Arcblock’s current market capitalization is US$192,447,106Speaking of revolving supplies, ABT has 98 554 305 coins. Arcblock’s current market rating is #234.

Arc block price today
18.15%

below
always on top and that’s it
4517.91%

higher
always at a low level.

All data and prices are updated in real time. The most active and popular exchanges for buying or selling ABT are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.

What is Arcblock (ABT)?

Arcblock is an ecosystem for building and deploying decentralized applications. Although it also provides tools that connect existing businesses to blockchain networks. This helps businesses automate their processes faster using the current data they have.

The platform unites blockchain technology with cloud computingrather than providing a separate software package or just a set of APIs. it’s the same stimulated market for reusable components, services and applications.

The Arcblock ecosystem consists of miners which, in addition to providing computing resources, help create an ecosystem by providing reusable components, new services and ready-to-deploy applications. These miners are rewarded for their services in ABT tokens – platform’s own utility token.

Miners on the platform are divided into two parts – resource miners and component miners. Resource Miners provide the service with computing resources, such as cloud nodes and offline computing resources. Component minerson the other hand, they add new software components to the system, such as Blocklet components, ready-to-deploy applications, and new chain adapters.

If you are interested in becoming a miner and would like to know how valuable these rewards could be, you can check the current price of ABT on the Arcblock price chart above.

Blocklet Component enables ecosystem developers to take advantage of the latest microservice architectures and serverless computing technologies. It is a high-level application protocol that can be implemented without any platform or programming language. In addition to accessing blockchains, Blocklet performs on-chain and off-chain computing. Additionally, it can connect to any existing data source.

Options for using ABT tokens

Firstly, the ABT token is used in the Arcblock ecosystem as main payment method.

Moreover, ABT coins must be what developers bet on when they need to provide mission-critical services.

Besides, The ABT token is also used on the Arcblock marketplace.. The marketplace serves as a hub for listing, searching, evaluating, ranking, and using reusable components.

Finally, as mentioned earlier, ABT tokens are used for reward Arcblock miners.

Are you planning to purchase Arcblock coins? Before you do this, be sure to check the Arcblock price chart. Knowing the key ABT price trends will help you make a more informed purchasing decision.

Who founded Arcblock?

Arcblock was founded Robert Mao in 2017. The team also includes Flavien Charlon, Ximen Liu Shang and Violin Wang. Together they have dedicated their time, knowledge and experience to creating and improving the ArcBlock ecosystem.

ABT Tokenomics

The maximum supply of ABT tokens is 186 million. The distribution of these tokens within the ecosystem has not been made public, but it is expected that a portion of these tokens are reserved as mining rewards for miners contributing to the ecosystem.

What is Arcblock’s trading volume in the last 24 hours?

ABT has trading volume US$2,990,565 in the last 24 hours.

What is the highest price for Arcblock?

ABT has the highest price $2.39which was achieved at February 23, 2024 (2 days 53 minutes ago).

What is the lowest price for Arcblock?

ABT has the lowest price $0.0423which was achieved at December 11, 2022 (1 year 2 months ago).

Which exchanges are best for buying and selling ABT?

Currently the most active and dominant exchanges for buying and selling Arcblock are Binance, Kraken & Kucoin. The most popular Arc block trading pairs ABT/THB
(on
Bitcube
),
ABT/VET
(on
Uniswap (V3)
),
ABT/USD
(on
Kinbase
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

Which hardware wallets are the most secure for storing ABT?

According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage Arc block. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.

Arcblock related pages

Read the hottest Crypto news.

Watch the animated crypt Video explanation.

Learn Cryptocurrency From scratch.

A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.

Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.

Consider factors like security, fees, available coins, user interface, and customer support.

Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.

Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.

Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).

Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.

Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.

A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.

Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.

Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.

 A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.

Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.

It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.

Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.

Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.

Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.

Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.

Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.

Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.

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