Binance has recently introduced ZKsync to its platform and is now offering a reward program to distribute 10.5 million ZK tokens to more than 52,000 eligible users.
ZKsync is now available on Binance for spot trading under various pairs. Trading and deposits for ZK began today at 08:00 (UTC), as stated in a blog post. However, withdrawals will be permitted starting tomorrow, June 18, at 08:00 (UTC).
As part of the ZK listing, Binance has unveiled a reward program where they will be giving away 10.5 million tokens to 52,500 eligible users. The current value of these tokens is $2.69 million. This one-month program will run from June 17 at 02:00 (UTC) to July 16 at 23:59 (UTC).
The distribution of tokens will be based on four criteria. Eligible users must have initiated a minimum of 50 transactions on ZKSync Era between February 2023 and March 2024. These transactions must take place within a seven-month timeframe, excluding self-transfers. Additionally, recipients must not have received ZK tokens from the official ZK Nation airdrop, and their claim address must not be a contract, bridged, or linked to a centralized exchange.
To claim the ZK tokens, users need to deposit at least 0.02 ETH ($69.84) from the ZKsync whitelisted address. Upon completion, eligible users will receive 200 ZK tokens on a first-come, first-served basis. The first ZK airdrop is set to begin on June 25.
Following the launch of ZK, major exchanges such as KuCoin, Bybit, and Gate.io have also listed the token for trading. ZK is currently priced at $0.2566, with a total supply of 21 billion tokens and only 3.675 billion in circulation, resulting in a market cap of $933.72 million. Within a few hours of its debut, ZK has already secured the 76th position on CoinMarketCap, with a 24-hour trading volume of $544.7 million.
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