Lootex’s services now support Arbitrum
L2s are clearly the future for cheaper and faster transactions inherited from Ethereum’s security. With Arbitrum being the number one L2, we are proud to finally share you the good news. We’re pleased to announce that Lootex now supports Arbitrum — a leading Ethereum Layer-2 scaling solution developed by Offchain Labs.
Official Arbitrum Page: https://lootex.io/marketplace/arbitrum?utm_source=pr&utm_medium=referral&utm_campaign=ArbitrumPage
We have recently listed Play-2-Earn games built on Arbitrum on our Lootex marketplace. We will be diving in more on the gameplay and introduction on our next weekly highlights, so stay tuned. If you have a Gamefi project or NFT collections using Arbitrum chain, we’d like to hear from you! Please apply for listings, business and marketing opportunities: Here
Benefits of using Arbitrum
This integration allows users to hold Arbitrum in your Metamask wallet, and to trade NFTs on Lootex Marketplace. Arbitrum is a suite of Ethereum scaling solutions that enables high-throughput, low cost smart contracts while remaining trustlessly secure. Like other Layer 2’s, Arbitrum aims to reduce cost and increase speed while maintaining the security guarantees of Ethereum layer 1. The Optimistic Rollup achieves this by moving transaction data off-chain. You can also transfer Ether or any other Ethereum-based token back and forth between Ethereum and Arbitrum.
Getting started:
- Go to Lootex marketplace Lootex.io, and connect Wallet to Metamask
2) Select Network “Arbitrum”
3) On the right handside, Metamask Notification will pop out, click “approve”
Click again “switch network” to change to Arbitrum Network
In conclusion, Arbitrum packs a lot of potential with DeFi, gaming, NFT and a plethora of new developments taking place constantly. As these products continue to thrive, Arbitrum grows both in use and volume.
About Arbitrum：
Arbitrum is a leading Ethereum Layer-2 scaling solution developed by Offchain Labs. An Optimistic Rollup, Arbitrum provides ultra-fast, low-cost transactions with security derived from Ethereum. Launched in August 2021, the Arbitrum One mainnet beta now has $4B+ TVL and 300+ DeFi and NFT projects live in the ecosystem. Arbitrum One is fully EVM-compatible to the bytecode level. With the upcoming Nitro upgrade and the release of AnyTrust Chain, Arbitrum will further reduce costs and optimize performance.
Official Arbitrum Page: https://lootex.io/marketplace/arbitrum?utm_source=pr&utm_medium=referral&utm_campaign=ArbitrumPage
About Lootex
Lootex is a player-centric cross-chain NFT trading platform that shares the latest blockchain game info. We are devoted to building a gamer-centric game asset marketplace where gamers can easily browse, trade, and buy game assets across multiple blockchains.
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