Things to know
Binance will launch Scroll (SCR) spot trading on October 22, 2024, featuring pairs like SCR/BTC, SCR/USDT, SCR/FDUSD, and SCR/TRY. The token aims to address Ethereumâs scalability issues using zkEVM Rollup technology for faster, cheaper transactions without sacrificing security. The initial circulating supply is 190 million, out of a total of 1 billion SCR tokens.
Before the spot trading launch, Binance conducted a farming event through its Launchpool, where users earned SCR by staking BNB or FDUSD. The token's "Seed Tag" designation indicates higher volatility, requiring users to complete a risk-awareness quiz every 90 days.
Key dates include the end of pre-market trading on October 21, spot trading commencement on October 22 at 08:00 UTC, and withdrawals opening on October 23. The listing marks a significant step for Scroll and reflects Binanceâs commitment to expanding its crypto offerings.
For more details, visit Binance's official announcements and cryptocurrency news source
