- Binance and Upbit are set to list the highly anticipated LayerZero (ZRO) token.
- This $3 billion altcoin project will become available for trading today.
- “ZRO will be listed with trading pairs including ZRO/BTC and ZRO/USDT,” according to Binance.
Discover the latest developments in the world of crypto as Binance and Upbit prepare to list LayerZero (ZRO), an exciting $3 billion altcoin project, for trading today.
Binance to List LayerZero (ZRO) Token
In a major development for the cryptocurrency market, Binance has announced that it will list LayerZero (ZRO), a cutting-edge altcoin project, on June 20th at 15:00 UTC. The token will be available for trading with multiple pairs including ZRO/BTC, ZRO/USDT, ZRO/FDUSD, and ZRO/TRY. The listing indicates Binance’s confidence in LayerZero’s potential and will make the token accessible to millions of traders globally.
Trading and Withdrawal Details
Following the listing announcement, Binance confirmed that withdrawals for ZRO will commence on June 21st at 15:00 UTC. This extensive preparation highlights the seamless trading experience Binance aims to provide for its user base. The availability of ZRO in various trading pairs will offer investors multiple strategies for engagement, emphasizing the flexibility and liquidity associated with the token.
Upbit Joins Binance in Listing LayerZero (ZRO)
Mirroring Binance’s move, South Korea’s leading cryptocurrency exchange, Upbit, will also list LayerZero (ZRO) at the same time, 15:00 UTC on June 20th. This simultaneous listing on two major exchanges represents a significant milestone for LayerZero, marking its entry into the mainstream crypto trading ecosystem.
Upbit’s Listing Criteria
Upbit will support trading for ZRO in KRW, BTC, and USDT pairs. All deposits and withdrawals will be processed exclusively via the Ethereum network, highlighting the importance of network compatibility in Upbit’s operational framework. Users are advised to ensure their ZRO tokens are sent through the correct network to avoid any transactional issues.
Project Overview and Airdrop
LayerZero is an open-source, permission-less Omnichain interoperability protocol designed to enhance blockchain connectivity. The project recently announced an airdrop for nearly 1 million wallets, allowing eligible users to withdraw their ZRO tokens. This airdrop signifies LayerZero’s commitment to decentralized distribution and community engagement.
Concluding Thoughts
The concurrent listing of LayerZero (ZRO) by Binance and Upbit is a testament to the growing appeal and potential of this innovative altcoin. As it gains traction in the market, traders and investors will be keen to monitor its performance and impact on the broader cryptocurrency landscape. Stay tuned for further updates as LayerZero continues to develop and expand its presence in the crypto world.
