LayerZero, an omnichain interoperability protocol, has received massive support from crypto exchanges to list its native token ZRO after a successful airdrop. Top crypto exchanges in terms of trading volumes Binance and Upbit have announced listing for LayerZero (ZRO). Users can start trading ZRO on June 20.
The world’s largest crypto exchange Binance said it will list LayerZero (ZRO) with seed tag applied, according to an official announcement on June 20. The seed tag is applied to innovative projects that may exhibit higher volatility and risks compared to other listed tokens.
The crypto exchange has announced spot trading pairs ZRO/BTC, ZRO/USDT, ZRO/FDUSD, and ZRO/TRY. Users can start depositing ZRO token on the exchange for trading at 12:00 UTC on June 20. The withdrawals for ZRO will open after a day at 12:00 UTC on June 21.
“ZRO is a relatively new token that poses a higher than normal risk, and will likely be subject to high price volatility. Users must exercise sufficient risk management and DYOR (do your own research) to fully understand the project before opting to trade the token,” Binance reminded users in the announcement.
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South Korea’s top crypto exchange Upbit joins other crypto exchanges such as Bybit, Gate, HTX, Bitget, OKX, MEXC, KuCoin, and Bithumb to list ZRO. The token is likely to get massive traction as several top crypto exchanges announced listing of the LayerZero token.
Upbit has listed ZRO in KRW, BTC, and USDT pairs. Also, it revealed that LayerZero token deposits and withdrawals are supported only through the Ethereum network. The exchange has also set a lowest selling price limit.
LayerZero Foundation began ZRO token airdrop claim. Bryan Pellegrino, the co-founder and CEO of LayerZero Labs, revealed that 1.28 million wallets are eligible for ZRO airdrop.
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