# Arb token update By [Arpan](https://paragraph.com/@arpan-2) ยท 2023-03-20 --- ๐Ÿ”ฅ$ARB trading at $1.3 OTC [https://twitter.com/serpnofomo/status/1637415209286635520](https://twitter.com/serpnofomo/status/1637415209286635520) โ€ผ๏ธHow does an OTC deal work? โœ”๏ธLet's take 2500 $ARB for 0,72$ as an example. The deal is the buyer, escrow, and seller enter a group chat. The escrow fee is $50 for this type of transaction โœ”๏ธThe fee is split 50/50. The buyer sends $1825 to escrow and then the seller sends $1825 to escrow as a security deposit. When the seller sends the Arb to the buyer, the seller gets both back minus the $50 fee. ๐Ÿ†˜๐Ÿ‘Ž๐Ÿ‘ŽโŒBut i will recommand to stay away from such OTC trading as not all OTC services are reliable โŒ๐Ÿ‘Ž๐Ÿ‘Ž๐Ÿ†˜ --- *Originally published on [Arpan](https://paragraph.com/@arpan-2/arb-token-update)*