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Home»Altcoins»Crypto Exchange Binance adds newly launched Ethereum (ETH), Layer-2 Altcoins to its Trading Roster

Crypto Exchange Binance adds newly launched Ethereum (ETH), Layer-2 Altcoins to its Trading Roster

Altcoins By Gavin25/10/2024
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Binance is the leading cryptocurrency exchange in the world. It has expanded its offerings by adding a new Ethereum trading pair.ETH) layer-2 altcoin.

Scroll down to find out the current exchange rate.SCRNow, a new era of. available Spot trading is possible using SCR/BTC (SCR/Bitcoin), SCR/USDT (SCR/USDT), SCR/FDUSD (SCR/TRY) and SCR/TRY.

Binance customers can buy Scroll with VISA, MasterCard or Apple Pay.

Binance claims that Scroll is an initiative aimed at reducing Ethereum fees and resolving network congestion.

“Scroll is a Layer-2 zkRollup solution using zero knowledge proof technology to scale Ethereum, making it cheaper and faster without compromising security and compatibility.”

Scroll Tokens have a total supply 1 billion, with 190,000,000 initial tokens circulating. This is 19% of total token supply.

Binance attaches a “seed tag” to SCR. The exchange does this for projects with less liquidity that could have a higher level of volatility than other tokens listed.

Users who have assets that contain seed tags must take quizzes on Binance every 90 days in order to be sure they understand the risks involved before trading.

First token airdrop for project was made available claim Start your Tuesday on a Monday.

“This initial airdrop sets the stage for our goal of becoming the most globally distributed rollup, rewarding those who have contributed to the growth of Scroll’s protocol, ecosystem, and community. A total of 7% of the total supply of SCR has been allocated for our first airdrop.”

Scroll has fallen 21.3% over the past 24 hours, trading at $0.9178. Scroll, with a $174.6-million market cap is currently the 301st most valuable crypto project.

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Disclaimer: The opinions expressed on The Daily Hodl do not constitute investment advice. Investors must do due diligence prior to making high-risk investment in Bitcoin, cryptocurrency and digital assets. Your transfers and trades will be at your risk and you are responsible for losses. The Daily Hodl neither advises the purchase or sale of any digital assets or cryptocurrencies, nor does it act as an investment advisor. The Daily Hodl is an affiliate marketer.

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“This article is not financial advice.”

“Always do your own research before making any type of investment.”

“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”

Source: dailyhodl.com

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