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Binance Postpones ZKsync (ZK) Listing by One Hour

June 17, 2024
in Blockchain
Reading Time: 2 mins read
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Influencing CAKE,DYDX and LAZIO, Binance Announces Removal of Spot Trading Pairs
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Binance has announced that the trading start time for ZKsync (ZK) will be postponed by one hour. Originally scheduled for 08:00 (UTC) on June 17, 2024, the listing will now commence at 09:00 (UTC) on the same day, according to Binance.

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Reason for Postponement

Although the specific reasons for the delay were not disclosed, Binance assured users that the postponement is merely a slight adjustment in the schedule. The exchange emphasized that they reserve the right to amend or cancel announcements at any time and for any reason without prior notice.

Market Impact

The slight delay in the listing is not expected to have a significant impact on the market. ZKsync, a Layer 2 scaling solution for Ethereum, has garnered considerable interest due to its promise of high throughput and low transaction fees. Market participants are keenly awaiting its listing on Binance, one of the world’s largest cryptocurrency exchanges.

Disclaimer and Risk Warning

Binance reiterated the importance of understanding the risks involved in digital asset trading. The exchange highlighted that digital asset prices are subject to high market risks and price volatility. Investors are advised to make well-informed decisions and consult independent financial advisers if necessary.

For further details, you can visit the official announcement on Binance.

Image source: Shutterstock

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