List of news for these 5 Altcoins!

Today, Monday, June 17, at 11:00 Turkish time, cryptocurrency exchange giant Binance started listing the zkSync (ZK) token. The ZK token is the native cryptocurrency of zkSync, the Ethereum Layer 2 scaling solution. With this listing, Binance offers its users ZK/BTC, ZK/USDT, ZK/FDUSD and ZK/TRY trading pairs. During this time, listing announcements were made for many altcoins from separate exchanges. Let’s look at the details together.

Binance lists zkSync

Binance’s zkSync listing is seen as an important development in the cryptocurrency walk. zkSync is a Layer 2 solution that aims to increase processing speeds and scalability. Using ZK-SNARK technology, zkSync aims to provide faster and cheaper transactions by reducing the transaction load on the Ethereum network.

However, we knew that there were certain concerns in the area zkSync community on token distribution. To address these concerns, Binance launched a ZK token distribution program. Under the program, a total of 10,500,000 ZK tokens will be distributed to Binance users who meet certain criteria. So, how do you participate in the ZK Token distribution program? The important elements on the subject are as follows:

• The program is valid from June 17, 2024 at 7:00 a.m. to July 17, 2024 at 2:59 a.m.
• To benefit from the program, you must have initiated at least 50 transactions on the ZKSync Era network in at least 7 different months between February 2023 and March 2024. (The sending address of the transactions must be yours.)
• Accounts that have not participated in the ZK Nation airdrop program and do not have a cryptocurrency exchange/bridge address are included in the program.
• To benefit from the distribution, you must deposit a minimum of 0.02 ETH into your Binance account from a whitelisted ZKSync address. (The quantity of ETH deposited does not affect the number of ZK tokens to be distributed.)
• ZK tokens will be distributed on a first-come, first-served basis to users who meet all requirements. 200 ZK tokens are allocated for each Binance User ID (UID).
• The first token distribution will begin on June 25, 2024.

How will ZkSync be traded on Binance?

The exchange emphasized that ZK is a relatively new token and may be subject to high price volatility. It is important that users conduct detailed research and practice risk management before investing. During this time, the ZK token will be marked as “test” on Binance and users will need to take a test every 90 days to trade with the ZK token. token. This review is implemented to ensure that users are aware of the risks.

The zkSync listing and ZK token distribution program demonstrate the importance Binance places on Layer 2 solutions. This move could contribute to the growth of zkSync ecosystem and the adoption of the ZK token. However, it is important that investors, as always, make investment decisions based on their own research and risk tolerance.

There are also listings on other cryptocurrency exchanges.

Meanwhile, others cryptocurrency exchanges other than Binance have also taken action. Also today, the zkSync token (ZK) has created great excitement in the market by being listed on exchanges such as Gate.io, Bitrue, and MEXC Global. In addition to these listings, different projects such as ARTFI and STYLE Protocol have also been listed on Bitget, KuCoin and BitMart exchanges. The listings are as follows:

• Binance: zkSync (ZK)
• Gate.io: zkSync (ZK)
• Bitrue: zkSync (ZK)
• Global MEXC: zkSync (ZK)
• Bitget: ARTFI
• MEXC Global: ARTFI
• KuCoin: ARTFI
• BitMart: STYLE protocol
• MEXC Global: Legion Ventures ($LEGION)
• MEXC Global: VIP Gems (GEMS)

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