How to Claim ARB Airdrop on Bybit: Step-by-Step Guide (2023)

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Unlock Your ARB Tokens: Claiming the Arbitrum Airdrop on Bybit

The ARB airdrop marked a pivotal moment for Ethereum scaling, distributing governance tokens to early Arbitrum users. If you’re eligible and use Bybit, claiming your tokens is straightforward. This guide covers everything from eligibility checks to step-by-step claiming instructions, plus key considerations for maximizing your crypto rewards.

What Was the ARB Airdrop?

ARB is the governance token for Arbitrum, a leading Ethereum Layer-2 scaling solution. In March 2023, Offchain Labs airdropped 12.75% of ARB’s total supply to:

  • Early Arbitrum users who bridged assets or completed transactions
  • DAO communities building on Arbitrum
  • Ethereum ecosystem contributors

Bybit supported this event by enabling eligible users to claim tokens directly through their exchange accounts.

Why Claim Your ARB Airdrop on Bybit?

Choosing Bybit for your ARB claim offers distinct advantages:

  1. Zero Gas Fees: Avoid Ethereum network costs when claiming
  2. Instant Liquidity: Trade ARB immediately after claiming
  3. Enhanced Security: Bybit’s institutional-grade custody protects your assets
  4. User-Friendly Interface

Step-by-Step Guide to Claim ARB on Bybit

Follow these steps if you were eligible for the airdrop:

  1. Log into your Bybit account
  2. Navigate to Rewards Hub > Airdrops
  3. Locate the ARB airdrop campaign
  4. Click “Claim Now” and confirm the transaction
  5. Check your Spot Wallet for deposited ARB tokens

Note: The claiming period has ended, but future airdrop opportunities may follow similar processes.

Critical Considerations for ARB Claimants

  • Eligibility Window: Original claiming closed in September 2023
  • Tax Implications: Airdrops are taxable events in many jurisdictions
  • Scam Alerts: Bybit never DM’s users or requests seed phrases
  • Future Opportunities: Monitor Bybit’s announcement page for new airdrops

Frequently Asked Questions (FAQ)

Q: Can I still claim ARB on Bybit today?
A: No, the claiming period ended in September 2023. Follow Bybit’s official channels for future airdrop announcements.

Q: How do I check my historical airdrop eligibility?
A: Visit the official Arbitrum airdrop checker at arbitrum.foundation and connect your wallet.

Q: What if I missed the claiming deadline?
A: Unclaimed tokens were returned to the Arbitrum DAO treasury. They may be redistributed in future initiatives.

Q: Does Bybit support ARB staking?
A: Yes! Stake ARB in Bybit’s Savings or Dual Asset products to earn yields up to 15% APY.

Q: Are there fees for claiming through Bybit?
A: Bybit charged no claiming fees, providing significant savings versus on-chain claims.

Stay Ahead: Bookmark Bybit’s Airdrop Portal and enable notifications to never miss future token distributions. Always verify airdrop legitimacy through official channels before interacting with any links.

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