Binance, a leading cryptocurrency exchange, has announced the listing of ZKsync (ZK) and the launch of a new token distribution program. Starting June 17, 2024, at 11:00 AM, users will be able to trade ZKsync with several spot trading pairs, including ZK/BTC, ZK/USDT, ZK/FDUSD, and ZK/TRY.

Trading and Withdrawal Details

1. Trading Pairs: ZK/BTC, ZK/USDT, ZK/FDUSD, ZK/TRY

2. Trading Start: June 17, 2024, at 11:00 AM

3.Withdrawal Start: June 18, 2024, at 11:00 AM

4.Listing Fee: 0 BNB

Preparation and Network Explorer

Users can now deposit ZK tokens in preparation for the trading launch. Binance has also provided a network explorer for ZKSync, allowing users to explore the network and its transactions.

Token Distribution Program

In response to community concerns, Binance will distribute 10,500,000 ZK tokens to up to 52,500 eligible users through a new token distribution program. The program period will run from June 17, 2024, at 05:00 to July 16, 2024, at 02:59.

About ZKsync (ZK)

ZKsync is an Ethereum Layer 2 scaling solution that uses EVM-compatible ZK-SNARK roll-up technology to increase transaction speed and reduce costs on the Ethereum network. This technology enables faster and more cost-effective transactions on the Ethereum network.

Special Notes

1. Seed Tag: The seed tag will be applied to ZK.

2. TRY: Represents the Turkish Lira, a fiat currency, and is not associated with any other digital currency.

3. Withdrawal Timing: Withdrawal opening times are estimates and users should check the withdrawal page for actual status updates.

4. Spot Copy Trading: New pairs can be included in Spot Copy Trading portfolios by enabling them in the [Personal Pair Preference] section of Spot Copy Trading settings.