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Cryptocurrency News Articles

Binance and Upbit List LayerZero (ZRO) Following a Successful Airdrop

Jun 20, 2024 at 08:06 pm

LayerZero (ZRO), an omnichain interoperability protocol, has garnered significant attention from crypto exchanges following a successful airdrop.

Binance and Upbit List LayerZero (ZRO) Following a Successful Airdrop

Major crypto exchanges Binance and Upbit have announced their support for LayerZero's native token (ZRO), unveiling its listing and trading details.

Binance will list ZRO with a “seed tag,” indicating the token's recent launch and higher volatility. Trading pairs include ZRO/BTC, ZRO/USDT, ZRO/FDUSD, and ZRO/TRY. Deposits begin on June 20 at 12:00 UTC, with withdrawals opening 24 hours later.

Upbit, South Korea's leading exchange, will also list ZRO with trading pairs in KRW, BTC, and USDT. Deposits and withdrawals will be processed only on the Ethereum network, with a minimum selling price limit set for ZRO.

LayerZero's ZRO token operates on multiple blockchains, including Ethereum, BNB Chain, Optimism, Arbitrum, Base, Polygon, and Avalanche, facilitating interoperability across these networks. Despite Binance's seed tag highlighting ZRO's potential, it also emphasizes the token's higher volatility and risks.

The LayerZero Foundation has begun the ZRO token airdrop claim process, with an estimated 1.28 million wallets being eligible for the airdrop.

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