Cryptocurrency exchange Binance has announced the listing of the Scroll (SCR) token, with trading set to commence on October 22, 2024. The exchange will offer four trading pairs, including SCR/BTC, SCR/USDT, SCR/FDUSD, and SCR/TRY. Deposits will be possible from October 21, with withdrawals starting on October 23.

Trading Details and Important Dates

Binance, one of the world’s leading cryptocurrency exchanges, will open spot trading for the Scroll (SCR) token on October 22, 2024, at 08:00 UTC. Trading pairs such as SCR/BTC, SCR/USDT, SCR/FDUSD, and SCR/TRY will be available for users. Additionally, deposits for Scroll will be open from October 21, 2024, at 10:00 UTC, while withdrawals will be enabled from October 23 at 08:00 UTC. No listing fee will be applied for SCR, and deposit addresses will be accessible from October 21.

Scroll Token and 'Seed' Label

Scroll is an Ethereum Virtual Machine (EVM) compatible zkEVM Rollup solution, designed to enhance the scalability and privacy of transactions on the Ethereum network. Binance will list the token with a 'Seed' label, indicating it as an innovative and potentially high-risk asset due to its volatility.

Key Information on Spot Trading and Withdrawal Times

The exchange emphasized that the listed withdrawal times are estimates, and users should check the withdrawal page for real-time updates. Additionally, spot copy trading and trading bots will be activated within 24 hours after the listing goes live. For users already engaged in spot copy trading, they can add their preferred trading pairs in their portfolio settings.

Binance's decision to list the Scroll (SCR) token highlights its potential in the crypto market. However, users should exercise caution given the high risks and volatility associated with new tokens. Traders should closely monitor the market and implement appropriate risk management strategies.