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Binance integrates Ethereum Layer 2 scaling solution, Arbitrum One
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Arbitrum One core network has now been fully integrated by Binance, the cryptocurrency firm announced earlier today. This has paved the way for Ether withdrawals on Arbitrum One Layer 2, which is a scaling solution for the Ethereum network.
Arbitrum One is the beta mainnet of a layer-2 optimistic rollup protocol that enables off-chain Ethereum transactions that are faster and cheaper as compared to the Ethereum mainnet.
Binance users can now deposit all ERC-20 tokens from the Ethereum network,
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