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LayerZero (ZRO) Gains Momentum with Listings on Major Crypto Exchanges

source-logo  thenewscrypto.com 20 June 2024 12:33, UTC
  • LayerZero’s native token, ZRO, has been listed on Binance with a seed tag.
  • Beyond Binance, ZRO has also been listed on other major exchanges like Upbit, Bybit, Bitget, OKX, and others.

Despite a sluggish performance in the global cryptocurrency market over the past fortnight, new projects and developments continue to create buzz. In the queue, LayerZero, an omnichain interoperability protocol, has garnered significant support from the crypto community following a successful airdrop. This led to the listing of its native token, ZRO, on several prominent exchanges.

Leading the charge, Binance, the world’s largest cryptocurrency exchange by trading volume, has announced that it will list LayerZero (ZRO) starting June 20 at 12:00 UTC. In an official statement, Binance noted that the token will be listed with a “seed” tag. That indicating that it is part of an innovative project with potentially higher volatility and risk than other listed tokens.

Not to be outdone, South Korea’s top crypto exchange, Upbit, has also confirmed the listing of ZRO. Upbit will support trading of ZRO in KRW, BTC, and USDT pairs, with deposits and withdrawals facilitated exclusively through the Ethereum network. Additionally, Upbit has implemented a minimum selling price limit for ZRO to ensure stability.

Other major exchanges have followed suit, with Bybit, Bitget, OKX, KuCoin, and Bithumb all announcing their support for ZRO. Top-tier exchanges adopting ZRO will significantly boost the token’s visibility and trading volume.

The listing of ZRO on these exchanges will attract substantial interest. That emphasizing the ongoing enthusiasm for new and innovative projects within the crypto space, even amid broader market challenges.

thenewscrypto.com