What is Optimism (OP)?
Optimism is a layer 2 scaling solution for Ethereum that was launched in 2022. It is the second largest rollup chain at the time of writing, following Arbitrum, with $857.1 million in total value locked. The chain introduces a new rollup mechanism called optimistic rollup, which has been so useful that other rollup chains such as Arbitrum and MetisDAO have adopted this mechanism.
How Optimism (OP) Works
At the core of the Optimism blockchain is the optimistic rollup mechanism. It has that name because all transactions when bundled and submitted to layer 1 are considered valid until proven otherwise. Validators of layer 1 can challenge potentially invalid transactions, and if the transactions are proven invalid, gas fee for running the fraud proof is reimbursed and the layer-2 nodes executing that transaction are punished.
The fuel that drives the growth of Optimism is the OP token. It powers both the governance and use cases of the blockchain.
How Many Optimism (OP) Tokens Are in Circulation?
OP’s total supply: 4,294,967,296
OP’s circulating supply: 234,748,364
How to Buy Optimism (OP)
Consider investing in Optimism (OP)? It only takes 2 minutes to create an account on Bitget and start trading OP.
Check out the available OP trading pairs on Bitget!
Spot market
Optimism (OP) Resources
Simple 3-step guide to buying OP today in United Arab Emirates
Create your free Bitget account
Select a funding method
Complete your Optimism purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Optimism using a payment method of your choice:
Buy Optimism with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Optimism order.
How to buy crypto with credit/debit cardBuy Optimism with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Optimism is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Optimism order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Optimism order.Buy Optimism with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Optimism order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Optimism in your Bitget spot wallet
Bitget—where the world trades Optimism
How to buy Optimism for free
- Learn how to earn Optimism for free through the Learn2Earn promotion
- Earn free Optimism by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Optimism airdrops by joining On-going challenges and promotions
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FAQ
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The United Arab Emirates (UAE) was established in 1971, and we just celebrated the 50th anniversary of the UAE in 2021. The UAE has a population of about 10 million people, with about 10% locals and 90% expatriates from all over the world. The surface area of the United Arab Emirates is 83,000 square kilometers, which is slightly larger than Ireland and smaller than Portugal. The official languages in the United Arab Emirates are English and Arabic.
The UAE, as the name suggests, is made up of several emirates, more precisely, seven emirates. The first emirate is the most important, and it is the one of Abu Dhabi, the capital of the United Arab Emirates. This one represents 80% of the Emirates territory. The second Emirates we often hear about because it is rather the tourist capital is Dubai. The other five emirates are Ajman, Fujairah, Ras Al Khaimah, Sharjah, and Umm Al Quwain.
The time difference varies depending on the season (summer or winter). Concerning temperatures, there is also a distinction between summer and winter. During the winter, you can expect temperatures between 22 and 30 degrees. In the summer, it is much warmer, and temperatures average 35 to 40 degrees.
Acting as the national currency of the United Arab Emirates is the Dirham (AED), and with Bitget, you can purchase cryptos within minutes, no matter where you are in the United Arab Emirates. Our exchange offers secure payment options to make trading more accessible and safer than ever, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and several different credit card services.