Major Crypto Exchanges List zkSync (ZK) Token Amidst Migration

Twitter icon  •  Published 5 months ago  •  Nikolas Sargeant

Many top cryptocurrency exchanges announced today that they will start listing and allowing trading for the zkSync (ZK) token.

Many top cryptocurrency exchanges announced today that they will start listing and allowing trading for the zkSync (ZK) token. This is a Layer 2 scaling solution for Ethereum using ZK-SNARK roll-up technology. These new listings happen as the project, which was called Polyhedra Network before, changes its name to zkSync.

KuCoin Exchange Listing

Kucoin will start to accept ZK token deposits right away, supporting the ZKS20 network. Trading pairs for ZK/USDT will be available from 8:00 UTC on June 17th. Withdrawals can be made starting at 10:00 UTC on June 18th. KuCoin says zkSync is "an Ethereum Layer 2 scaling solution that uses EVM-compatible ZK-SNARK roll-up technology."

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Phemex Token Swap

Phemex said it would help with moving the ZK token. They are starting spot trading for the new name ZKJ token against USDT at 10:00 UTC on June 17th. The old ZK tokens will be exchanged one-to-one for the new ZKJ tokens.

Read more and sign up from our Phemex review.

Binance Listing with Airdrop

Binance, biggest crypto exchange by trading volume, will list ZK and start trading for ZK/BTC, ZK/USDT, ZK/FDUSD, and ZK/TRY pairs at 8:00 UTC on June 17th. Binance users can deposit their ZK now. The withdrawal option will be available from 8:00 UTC on June 18th.

Also, Binance said there is a ZK token distribution program happening from June 17th to July 16th. They will give out 10,500,000 ZK tokens to as many as 52,500 Binance users who qualify. Read more and sign up from our full Binance review.

The zkSync project tries to make Ethereum bigger with ZK-rollup technology, which helps speed up transactions and reduce costs. When big exchanges list its tokens or give away airdrops, it means an important step forward for this Layer 2 scaling solution, and more people starting to use it.

 

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Author

Nikolas Sargeant

Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.