How and Where to Buy Arcadeum (ARC) – Detailed Guide
- What is ARC?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy ETH with fiat money
- Step 3: Transfer ETH to an Altcoin Exchange
- Step 4: Deposit ETH to exchange
- Step 5: Trade ARC
- Last Step: Store ARC securely in hardware wallets
- Other useful tools for trading ARC
- Frequently Asked Questions
- Latest News for ARC
- ARC Price Prediction and Price Movement
What is ARC?
Arcadeum is a decentralized casino that's fully on-chain and self-custodial, with a provably low and highly competitive house edge.
Betting is facilitated by a pool of liquidity through which depositors receive losses and pay out wins. With a tailored API3 QRNG Airnode integration, random number generation is verifiably fair.
Arcadeum is a step towards a world where players understand the risks, odds, payouts, and mechanisms behind the games they play.
ARC is Arcadeum's base utility token. ARC has a fixed supply and no more ARC can ever be minted. While ARC can be bridged to other chains, all features are currently available on Arbitrum.
sARC (Staked ARC) is a staked variant of ARC that accrues a cut of protocol revenue. ARC and sARC are mutually exchangeable at a one-to-one ratio. ARC can be staked for sARC at any time, and sARC can be unstaked for ARC at any time. There are no fees, cooldowns, or lock periods.
xARC (Burnt ARC) is another derivative of ARC that accrues a larger cut of protocol revenue. ARC is exchangeable for xARC at a one-to-one ratio, with no fees or limits. However, unlike sARC, the underlying tokens are burnt when ARC is converted to xARC. This means that xARC can't be converted back into ARC, which is its more liquid counterpart.
esARC (Escrowed ARC), as the name suggests, is an escrowed wrapper around ARC that accrues a slice of protocol revenue. While not immediately redeemable, every esARC token is backed by one ARC token. esARC can be unvested into ARC, but it takes exactly one year to unvest. During this vesting period, no protocol revenue will be accrued. Note: Unvesting more esARC before the current vesting period expires resets the clock.
If/when Arcadeum releases on other Ethereum Virtual Machine compatible blockchains, plans to integrate the ARC token with a bridge such as Synapse will follow. Regardless of how many blockchains Arcadeum launches on, dilution of existing holders can never occur.
ALP (Arcadeum's LP Token) is a single-asset liquidity pool that entitles liquidity providers to a cut of the house proportional to their deposit. USDT is the pool's base asset, but zap deposits routed through Uniswap are supported via Arcadeum's web interface, with no additional fees.
Arcadeum supports USDT-denominated bets and pays out rewards in USDT.
Players must first approve their USDT spend limit on a smart contract before they can start playing games. To ensure everything runs smoothly, there are max bet limitations based on the max payout of each bet, the bet size, and the amount of USDT in ALP, which functions as the "house".
Bets are a two-transaction synchronous and non-reentrant process.
The first transaction is when the player initiates the bet by confirming the transaction prompt in their wallet that appears when they click the big green "Bet" button on the web interface.
The second transaction is when the QRNG (quantum random number generation) provider (API3) submits a transaction to fulfill the random number generation request submitted by the game's smart contract in the first transaction, which determines the outcome of the bet initiated by the player. Once this second transaction confirms, the game is complete.
Players pay gas for both the first and second transaction when they make their first transaction.
Due to on-chain limitations, verifiably random numbers can't be requested and generated within one single transaction.
Any player can use their wallet address to refer other players to the platform, earning a cut of all fees generated by the players they refer. These fees are streamed as USDT directly to the referrer's wallet, for life.
Many other gamification features exist. These include experience points (XP), levels, and profile customization.
ARC was first tradable on 12th Feb, 2023. It has a total supply of 9,983,816.02. As of right now ARC has a market capitalization of USD $2,422,627.09. The current price of ARC is $0.242 and is ranked 3193 on Coinmarketcap and has recently surged 22.57 percent at the time of writing.
ARC has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Ethereum from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy ARC.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, Ethereum (ETH). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
Select Fiat-to-Crypto Exchange for details:
- UpHold
Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:
- Easy to buy and trade among multiple assets, more than 50 and still adding
- Currently more than 7M users worldwide
- You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
- Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
- No hidden fees and any other account fees
- There are limited buy/sell orders for more advanced users
- You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
- USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.
You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.
Step 2: Buy ETH with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose Ethereum, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.
Step 3: Transfer ETH to an Altcoin Exchange
But we are not done yet, since ARC is an altcoin we need to transfer our ETH to an exchange that ARC can be traded. Below is a list of exchanges that offers to trade ARC in various market pairs, head to their websites and register for an account.
Once finished you will then need to deposit ETH to the exchange from UpHold. After the deposit is confirmed you may then purchase ARC from the exchange view.
Last Step: Store ARC securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your ARC for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.
Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Frequently Asked Questions
Can I buy ARC with cash?
There is no direct way to buy ARC with cash. However, you can use marketplaces such as LocalBitcoins to first purchase ETH, and finish the rest of the steps by transferring your ETH to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
Are there any quick ways to buy ARC in Europe?
Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
Are there any alternative platforms to buy ARC or Bitcoin with credit cards?
Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.
Read more on Arcadeum's fundamentals and current price here.
Latest News for ARC
