Binance, the largest cryptocurrency exchange globally, has revealed the addition of a new altcoin through four new trading pairs. ZKsync (ZK) will be available for trading on June 17, 2024, on various spot trading pairs such as ZK/BTC, ZK/USDT, ZK/FDUSD, and ZK/TRY.
Users can start depositing ZK tokens now to prepare for the trading launch. Binance has also introduced a network explorer for ZKSync. The listing fee for ZK will be 0 BNB.
ZKsync is an Ethereum Layer 2 scaling solution that uses ZK-SNARK roll-up technology to boost transaction speed and cut costs on the Ethereum network.
To address concerns about ZK token distribution, Binance will distribute 10,500,000 ZK tokens to up to 52,500 eligible users through a new program running from June 17, 2024, to July 16, 2024.
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