How to buy Arkham (ARKM): A Simple Guide
In this comprehensive guide to Arkham (ARKM), we will delve deeper into the intricate workings of the project, and also offer practical advice on how to buy and securely store your Arkham (ARKM) tokens. Understanding the context of Arkham’s creation, its underlying technology, and its mission are essential to appreciate the value it brings to the ecosystem, giving you the knowledge and confidence to join the Arkham (ARKM) community.
Where to buy Arkham (ARKM)?
Buying Arkham (ARKM) involves a three-step process. First, set up an account on a reputable cryptocurrency exchange that supports Arkham (ARKM). Next, deposit funds into your account, taking into consideration the different fee structures associated with various payment methods such as credit and debit cards, e-wallets, and direct bank transfers. Lastly, purchase Arkham (ARKM) on the exchange by inputting the amount you wish to spend, with the platform calculating the equivalent amount of Arkham (ARKM) based on the current market rate. We recommend buying Arkham (ARKM) on any of the following cryptocurrency exchanges:
1
Bybit
Fees (Maker/Taker) 0.1%*-0.1%*
Cryptocurrencies
Available for Trade 400+
Sign-up bonus
$30,000 sign-up bonus*
Available in
Europe, Asia, Oceania, Africa
2
MEXC
Fees (Maker/Taker) 0.2%*-0.2%*
Cryptocurrencies
Available for Trade 1500+
Sign-up bonus
10% reduced trading fees & up to $170 in USDT vouchers*
Available in
North America, South America, Europe, Asia, Oceania, Africa
Understanding Arkham (ARKM):
An In-depth Guide to Its Features and Use Cases
Arkham, or ARKM, is a groundbreaking crypto intelligence platform that leverages the power of artificial intelligence to analyze and deanonymize blockchain transactions. With the ability to systematically link blockchain addresses to real-world entities, Arkham takes raw transaction data—originally unprocessed and anonymous—and renders it usable, providing insightful analytics about the behavior of individuals and companies engaging in blockchain activity.
Arkham is based on seven core theses about cryptocurrency and the role intelligence plays within it. These theses touch on topics such as the inevitability of deanonymization, the decentralization of access to crypto data, the mass adoption of crypto as part of the global financial system, and the future $30 billion crypto intelligence economy, among others.
Additionally, the platform introduces the Arkham Intel Exchange, a decentralized protocol designed to foster liquidity in the intelligence market. This innovative protocol allows for the buying and selling of data and labels, which, combined with Arkham’s intelligence-generation capabilities, works towards making crypto markets more transparent, efficient, and just.
In essence, Arkham is more than just a platform; it’s a vision for a total crypto intelligence system that makes deanonymized, entity-based intelligence accessible to everyone. It’s a comprehensive solution that aims to offer complete coverage of the blockchain, servicing a vast range of use cases, and remain affordable to the average individual.
How does Arkham (ARKM) work?
Arkham operates by addressing three major challenges in the generation of crypto intelligence: Collection, Aggregation, and Attribution. The proprietary AI system called Ultra is instrumental in this process. Ultra works by gathering relevant on-chain and off-chain data from various sources, combining this data to form a single, scalable, amendable source of truth, and using this data to assign real-world identities to addresses.
Arkham’s Profiler forms the core of the platform. This comprehensive view of an entity or address’s activity includes transaction history (which can be filtered and sorted by value, token, counterparty, and time), portfolio holdings, balance history, profit and loss, exchange usage, and top counterparties. With these data points, Arkham users gain a complete picture of an entity’s blockchain activity.
Arkham also offers additional features such as a Visualizer, which allows for customizable network analysis of entities and addresses along with their counterparties. Users can create private address labels and entities, set up customizable transaction alerts, create dashboards for custom groups of entities, and directly access Ultra for custom queries via an API.
Moreover, Arkham includes an Archive feature, which allows for historical point-in-time analysis of an entity’s crypto portfolio. With this wealth of features and a focus on entity-level intelligence, Arkham provides users with a powerful tool to make sense of the ever-growing world of blockchain transactions.
In addition, the Arkham Intel Exchange fosters a decentralized marketplace for data and labels, further promoting transparency and liquidity in the intelligence market. With the ability to generate intelligence at scale and facilitate its dissemination, Arkham works to create more transparent, efficient, and equitable crypto markets.
What is the Arkham Intel Exchange?
The Arkham Intel Exchange is a unique initiative that facilitates the buying and selling of crypto intelligence. Through the use of its native currency, ARKM, it has created an environment where anyone can trade in valuable information. This system operates in a decentralized way, ensuring all transactions are transparent and auditable, creating a trustworthy environment.
The system operates through two methods: bounties and auctions. Bounties are rewards offered for specific intelligence; users place these bounties by staking ARKM. Anyone can contribute to the bounty, thereby increasing its value and potential payout. Once a bounty is claimed and verified, the bounty hunter receives the staked amount.
On the other hand, auctions allow sellers to sell information they believe holds value. The information is verified, and then a bidding process starts. The highest bidder gains access to the intelligence after the stipulated auction period.
The Arkham Intel Exchange also introduces a novel concept known as “intel-to-earn”, which incentivizes the generation of intelligence as a public good, ensuring the sustainability of the intelligence market and the larger crypto market.
All transactions and verifications on the platform are powered by audited smart contracts and validated on-chain using Chainlink Decentralized Oracle Network (DON), which ensures security and decentralization of the verification process.
In addition to the Exchange, Arkham also runs the Decentralized AI Training Accelerator (DATA) Program, which further incentivizes the community to contribute intelligence for training their AI model, Ultra. The DATA Program allows individuals to earn ARKM by submitting valuable information, thus creating a decentralized community of intelligence analysts.
Overall, the Arkham Intel Exchange seems to be a transformative initiative aimed at reshaping the economy for blockchain intelligence. By creating a market for intelligence, they allow individuals to capture some of the value of their work, thereby enhancing the overall efficiency of the crypto market.
ARKM Tokenomics
The tokenomics outlined for ARKM is designed to foster growth, adoption, and incentivize beneficial actions in the Arkham ecosystem. Here are some key points that have been outlined:
-
ARKM Rewards: This program offers ARKM as rewards for actions that are beneficial to the Arkham ecosystem. This could include user referrals or producing useful research and analysis. The reward percentages increase with the amount of ARKM held and the duration it is held for, with the highest rewards offered to those who hold ARKM for over 90 days and hold over $1,000,000 in ARKM.
-
Grants: ARKM also offers grants to support projects that contribute positively to the ecosystem, such as solving the intelligence oracle problem and pushing towards more decentralized exchanges.
-
Ecosystem Partner Rewards: The ecosystem also rewards users who contribute on-chain analysis and other content to communities on blockchains other than Ethereum. These rewards can be given in either ARKM or the native tokens of the partner blockchain.
-
ARKM Discounts: Users can earn discounts on the Arkham platform in two ways. Firstly, a 20% discount is offered for payments made in ARKM. Secondly, holding discounts are offered to users who hold ARKM, with the discount percentage increasing with the amount of ARKM held and the duration it is held for, reaching up to 50% discount. Users must lock their ARKM for at least 30 days to receive these holding discounts.
The two types of discounts can be combined, so a user could get up to 60% discount if they pay in ARKM and also hold it. This tokenomic model incentivizes the use of ARKM and aims to encourage the growth of the Arkham platform.
Arkham development updates in 2023
Arkham (ARKM) has seen noteworthy developments in 2023:
-
Successful Token Debut: Arkham’s native token, ARKM, had a strong debut, trading at $0.75 after its initial offering at $0.05 on the Binance Launchpad. This marked a significant rise in its market value, showcasing a promising start for the token.
-
Launch of Crypto Data Marketplace: Arkham Intelligence rolled out a crypto data marketplace, the Arkham Intel Exchange. This platform allows users to buy and sell on-chain cryptocurrency data, leveraging a bounty mechanism where users can post bounties for desired data, which blockchain researchers and sleuths can fulfill.
-
Market Performance and Statistics: As of the latest data, the ARKM token was trading at around $0.66, with a market cap of approximately $99.22 million. The circulating supply of ARKM is about 150 million tokens, which is 15% of its total supply of 1 billion tokens.
-
Unique Features and Security: Arkham differentiates itself by using artificial intelligence to deanonymize blockchain and on-chain data, aiming to provide comprehensive analytics on various entities, exchanges, funds, whales, and tokens. Despite raising privacy concerns among some users, Arkham defends its platform by stating it only provides publicly available information verifiable on the blockchain.
These updates highlight Arkham’s progress in expanding its platform’s capabilities and its emerging role in the crypto analytics space.
How to safely store your Arkham (ARKM) Tokens
Best cryptocurrency wallet for Arkham (ARKM)
Navigating the world of cryptocurrency wallets can be quite an adventure, as there are numerous options available to suit different needs. To find the perfect wallet for you, consider your trading habits and the level of security you require. Generally, there are two main categories of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical).
Each type of wallet comes with its own set of advantages and drawbacks, so there isn’t necessarily a one-size-fits-all solution. As you embark on your journey to find the best crypto wallet for your Arkham (ARKM) tokens, remember to keep an open mind and explore the features that align with your personal preferences and requirements.
When choosing the right wallet for your Arkham (ARKM) tokens, consider the following factors:
- Trading frequency: Hot wallets are generally more suitable for active traders due to their quick login capabilities, allowing for seamless buying and selling of crypto. Cold wallets, on the other hand, are better suited for those who make less frequent trades.
- Supported cryptocurrencies: Although not all wallets cater to every cryptocurrency, some of the best ones can trade a vast array of currencies, offering a versatile experience. Make sure the wallet you choose supports Arkham (ARKM).
- Security concerns: If you’re worried about potential hacking incidents, a physical cold wallet stored in a safe deposit box or a secure location at home provides the highest level of protection. However, if you’re confident in safeguarding your hot wallet, you might prefer its convenience.
- Associated costs: Investigate the costs of each wallet option. While many hot wallets are free to set up, cold wallets, being hardware devices, will require an upfront investment.
- Wallet features: While the basic functions of cryptocurrency wallets remain the same, additional features can distinguish one wallet from another. Hot wallets often come with advanced reporting tools, crypto market insights, and currency conversion capabilities. Security features can also be an essential factor when making your decision.
By considering all of these aspects, you’ll be better equipped to select the perfect cryptocurrency wallet for your Arkham (ARKM) tokens.
For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.
If you’re planning to handle larger amounts of crypto, investing in cold storage can be a wise decision. Two of the most popular cold storage options are the Ledger Nano and the Trezor.
Ledger creates cold storage wallets designed for users who prioritize security. Their wallets are physical devices that connect to your computer, and you can only send cryptocurrency from them when they’re connected. Ledger offers a range of products, including the Ledger Nano S and the Ledger Nano X, which features Bluetooth connectivity.
Trezor, a trailblazer in the hardware wallet industry, combines top-notch security with an intuitive interface and compatibility with various desktop wallets. This blend makes it suitable for both beginners and experienced users. Trezor has earned a great deal of respect within the Bitcoin community over time. They offer two primary models – the Trezor One and the Trezor Model T, which comes with a built-in touchscreen.
Arkham (ARKM) Price & Charts
- Market Capitalization And Daily Trading Volume
- Current Market Price Of Every Cryptocurrency Relative To USD (And Some Local Currencies)
- Circulating And Total Supply
- Historical Charts With Prices Relative To USD, Bitcoin (BTC), And Ethereum (ETH).
Frequently Asked Questions (FAQ)
Where is the best place to buy Arkham (ARKM)?
We recommend either Bybit, MEXC or Gate.io as these platforms excel in functionality, reputation, security, customer support, and competitive fees.
How to buy Arkham (ARKM) in Europe?
In Europe, acquiring Arkham (ARKM) tokens is a seamless process, with numerous reputable cryptocurrency exchange platforms available to cater to your needs. Among the top choices, we recommend Bybit, MEXC, or Gate.io due to their outstanding performance in key areas such as functionality, reputation, security, customer support, and competitive fees.
These platforms have established a strong presence not only in Europe but also globally, offering an extensive range of cryptocurrencies, including Arkham (ARKM).
How to buy Arkham (ARKM) in the US?
For the United States, buying Arkham (ARKM) tokens is also an effortless process, we particularly recommend MEXC, a top-tier exchange that excels in functionality, reputation, security, customer support, and competitive fees.
MEXC has established a strong presence in the US and across the globe, offering a wide range of cryptocurrencies, including Arkham (ARKM). Catering to US-based customers, MEXC provides a user-friendly interface, responsive customer support, and multiple payment options, making it easy for users throughout the country to invest in digital currencies.
How much does Arkham (ARKM) cost to buy?
Unlike traditional trading options, cryptocurrency allows for fractional purchases, so you don’t need to buy whole coins. This flexibility means you can begin investing in Arkham (ARKM) and other digital currencies with an investment as low as $1!
Is it safe to buy Arkham (ARKM)?
Safeguarding your investments is a joint effort, and adhering to recommended security practices is crucial. The first step to safely buying Arkham (ARKM) is selecting a reputable exchange known for its reliability and strong security measures. Make sure to choose an exchange with a proven track record and positive reputation in the industry to minimize potential risks.
Is it Possible to Convert Arkham (ARKM) to Cash?
Absolutely! After choosing your preferred cryptocurrency exchange platform, you can effortlessly convert your Arkham (ARKM) tokens into cash at the current market rate using the exchange’s user-friendly trading interface.
What is the Arkham (ARKM) Crypto Price Forecast?
Accurately predicting the Arkham (ARKM) price for any time frame is challenging, but various fundamental factors offer insight into the token’s potential price fluctuations and volatility. Essential aspects to consider include:
- Adoption Rate – Increased on-chain activity, driven by the growing number of developers and users on the Arkham (ARKM) platform, may lead to higher demand and value for it. This expansion could also boost investor confidence, prompting more people to buy and hold the tokens.
- Innovative Developments – The introduction of innovative features that improve Arkham (ARKM)‘s capabilities can make the project more attractive for usage or investment, potentially driving up the token price. Furthermore, the Arkham (ARKM) cryptocurrency value may experience a surge following announcements of new partnerships and investments in the project.
- Market Sentiment – The overall market outlook significantly impacts Arkham (ARKM) crypto price trends. A risk-on attitude among global investors encourages buying activity in the crypto market, supporting Arkham (ARKM)‘s price. On the other hand, bearish or risk-averse sentiment can trigger sell-offs that may negatively affect the price in the market.