• Binance will listing ZKsync (ZK) on Monday, June 17.
• The trade 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 listing 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 trade 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 broadcasts ZK distribution program

ZKsync’s airdrop distribution has elicited criticism and considerations from throughout the crypto neighborhood.

Binance says it’s going to distribute ZK tokens to its customers that meet sure circumstances, together with the standards that “the claim address 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 option to deal with neighborhood considerations. An estimated 52,500 Binance customers are eligible for the ten.5 million ZK airdrop.

“In light of the ongoing concerns from the community around ZK token distribution, Binance is offering 10,500,000 ZK tokens to up to 52,500 Binance users,” the trade wrote.

Other than the declare pockets not being already eligible for ZKsync airdrop, Binance says its distribution would require that customers will need to have carried out at the very least 50 ZKsync Period transactions over 14 months – between February 2023 and March 2024.

The transactions must also have occurred inside seven totally different months through 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 likely be on a “first-come, first-served basis,” with solely wallets that meet listed standards eligible.