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Easily convert ARB to PAXG with ConvertOnline's efficient tool.
Arbitrum (ARB) is a layer 2 scaling solution designed to enhance the Ethereum blockchain's transaction throughput and efficiency. By utilizing optimistic rollups, Arbitrum allows for faster and cheaper transactions while maintaining the security and decentralization of the Ethereum network.
PAX Gold (PAXG) is a digital asset that represents a claim on physical gold, where each token is backed by one fine troy ounce of gold stored in professional vaults. It combines the stability of gold with the efficiency of blockchain technology, allowing users to trade, transfer, and hold gold in a digital format.