The world’s largest crypto trade Binance on Tuesday mentioned it should record the much-awaited Ethereum layer-2 community Starknet (STRK) with seed tag at this time. The crypto trade additionally introduced assist for Starknet (STRK) distribution for Binance ETH staking customers. Users can begin buying and selling STRK in a number of spot buying and selling pairs from February 20 at 13:00 UTC.
Binance Announces Starknet (STRK) Listing
Crypto trade Binance in an official announcement on February 20 revealed new spot buying and selling pairs for Starknet (STRK). The trade will record STRK/BTC, STRK/USDT, STRK/FDUSD, and STRK/TRY pairs, that are key pairs bringing greater buying and selling volumes.
Users can begin depositing STRK for buying and selling at 12:00 UTC, an hour earlier than buying and selling commences on February 20 at 13:00 UTC. Users can withdraw STRK from 13:00 on February 21.
Notably, Binance itemizing STRK with a seed tag, contemplating the token might exhibit greater volatility and dangers. Starknet is a permissionless, validity rollup for the Ethereum community that’s also referred to as a zero-knowledge rollup (ZK rollup).
Read More: Starknet Foundation’s Empowers STRK Token Distribution Plan
Starknet (STRK) Distribution Plan for Binance ETH Staking Users
Furthermore, Binance Earn will assist the Starknet Provisions Program for all eligible customers who staked ETH on Binance. These customers will obtain STRK tokens in spot wallets as per their whole BETH balances throughout wallets on the snapshot time of September 15, 2022 at 23:59 (UTC). To verify eligibility:
Let us intro:
The Starknet Provisions Program
Claiming begins Feb 20, 2024, 12pm UTC
Check your eligibility 👇https://t.co/jcQQuD8uOX pic.twitter.com/rAMSSzTu5p
— Starknet Foundation (@StarknetFndn) February 14, 2024
STRK token distribution to eligible customers shall be accomplished inside 30 days from Starknet Provisions Program date, reported Binance. Ethereum-based Layer-2 scaling resolution, Starknet, earmarked 1.8 billion STRK token airdrop to reward builders and early community contributors.
Crypto exchanges corresponding to OKX, KuCoin, HTX Global, Bybit, Bitfinix, MEXC, Gateio, BitMEX, and Bitget have introduced Starknet (STRK) itemizing.
The market expects itemizing at $0.80, based mostly on principle that the FDV shall be equal to its newest funding spherical valuation at $8 billion with 720M tokens in circulation. The OTC buying and selling value of STRK on Whales Market and KuCoin rose to the $2 vary.
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