- Binance will record ZKsync (ZK) on Monday, June 17.
- The alternate will add ZK/BTC, ZK/USDT, ZK/FDUSD and ZK/TRY spot buying and selling pairs.
- Binance has additionally revealed a ZK distribution program focused at customers who meet set standards.
Binance plans to record ZKsync (ZK) on Monday, June 17, including buying and selling pairs for BTC, USDT, FDUSD and the Turkish Lira.
In an announcement early Monday, Binance notified its customers that deposit for ZK, the native token of the Ethereum Layer 2 scaling answer ZKsync, was now open.
Per the announcement, the alternate will add ZK/BTC, ZK/USDT, ZK/FDUSD and ZK/TRY spot buying and selling pairs on June 17 at 08:00 am UTC. Withdrawals open on June 18 at 08:00 am UTC.
Binance pronounces ZK distribution program
ZKsync’s airdrop distribution has elicited criticism and issues from throughout the crypto neighborhood.
Binance says it’s going to distribute ZK tokens to its customers that meet sure situations, together with the standards that “the declare tackle was not eligible for ZK tokens from the official ZK Nation airdrop program.”
The ZK distribution program goals at benefiting those that might have missed out on the ZK Nation airdrop, a transfer Binance sees as one strategy to tackle neighborhood issues. An estimated 52,500 Binance customers are eligible for the ten.5 million ZK airdrop.
“In mild of the continuing issues from the neighborhood round ZK token distribution, Binance is providing 10,500,000 ZK tokens to as much as 52,500 Binance customers,” the alternate wrote.
Aside from the declare pockets not being already eligible for ZKsync airdrop, Binance says its distribution would require that customers should have carried out not less than 50 ZKsync Period transactions over 14 months – between February 2023 and March 2024.
The transactions must also have occurred inside seven completely different months in the course of the snapshot interval. Self-transfers don’t depend as does contract, CEX or bridge addresses.
Binance plans the primary ZK airdrop in its program to start on June 25, 2024. Token distribution will probably be on a “first-come, first-served foundation,” with solely wallets that meet listed standards eligible.
