Binance lists Zksync (zk) with token giveaway amid airdrop controversy
Crypto exchange Binance announced the listing of Zksync (ZK) trading pairs and a token distribution program aimed to alleviate community concerns about the token airdrop.
Starting at 10:00 (UTC) on Jun. 17, the ZK token will be available for spot trading on Binance in pairs against Bitcoin (BTC), Tether (USDT), First Digital USD (FDUSD), and the Turkish Lira .
The exchange encouraged users to deposit ZK for trading, with withdrawals becoming available the following day. Additionally, Binance revealed plans for a token giveaway program, intending to allocate 10.5 million tokens to approximately 52,000 users.
To be eligible for the Binance ZK token distribution scheme, users must have conducted a minimum of 50 ZKsync Era transactions between February 2023 and March 2024, spread over at least seven different months during that period. Binance mentioned that those who obtained ZK tokens via the official ZK Nation airdrop program will also be ineligible.
ZK will be given to eligible addresses on a first-come, first-served basis, with the first token airdrop scheduled for Jun. 25, according to Binance.
