Bitget announced it will list zkSync’s upcoming token, ZKSYNC, on its pre-market trading platform, starting at 9:00 UTC today.
The cryptocurrency exchange Bitget announced that it will put zkSync’s upcoming token, ZKSYNC, on its pre-market trading platform. Trading for the token will begin at 9:00 UTC today.
Bitget’s pre-market trade serves as an OTC trading platform for recently issued tokens prior to their formal listing. It enables peer-to-peer trading between buyers and sellers, ensuring competitive prices, ample liquidity, and asset delivery at a convenient time for all parties.
During the procedure, the buyer and seller will hold the money required for the current order in reserve as a transaction guarantee. After deducting the transaction fee, the buyer will transfer their frozen funds to the seller’s spot account, and upon delivery completion, the seller’s spot account will receive the equivalent number of tokens.
Buyers can choose to fund the deals with USDT from their spot accounts. By utilizing the Place Order tool, users can establish a maker order in the order market, specifying the quantity of coins they wish to purchase at a preferred price. After that, Bitget will handle any related costs and secure the funds for the purchase.
ZkSync Teases ZKSYNC’s Future Airdrop and Launch
Matter Labs developed zkSync, a Layer 2 protocol that leverages zero-knowledge technologies to enhance Ethereum’s scalability. It aims to preserve the fundamental principles of the Ethereum network, such as freedom, self-sovereignty, and decentralization, while working at scale, going beyond merely increasing Ethereum’s transaction throughput.
Several well-known investors, including Andreessen Horowitz (a16z), Blockchain Capital, and Dragonfly Capital, backed the company that developed zkSync, Matter Labs. In addition to establishing a $200 million ecosystem fund, the project has raised $258 million in total finance.
ZkSync hinted at the impending launch and airdrop of ZKSYNC by the end of June in a recent post on the social networking site X, where it announced plans to introduce an upgrade aimed at accelerating the decentralization of its protocol.
According to ZkSync, “the next release of v24 is the last planned protocol upgrade needed before handing over network governance to the community.” The project expects the remaining missing pieces to be in place by the end of June.