What is Starknet Coin Listed by Binance? When will it be available?

Binance is making another innovative addition to cryptocurrencies. Popular cryptocurrency exchange, starnet (STRK) officially announced its listing. STRK is known as a permissionless validity aggregation (ZK aggregation) for the Ethereum network and stands out with its advanced features.

The listing dates and times are as follows:

  • New Spot Trading Pairs: STRK/BTC, STRK/USDT, STRK/FDUSD and STRK/TRY.
  • Deposit Transactions Start Date and Time: February 20, 2024, at 15:00 (Turkish Time UTC+3).
  • Trading Start Date and Time: February 20, 2024, at 16:00 (UTC+3 Turkey Time).
  • Withdrawal Opening Date and Time: February 21, 2024, 16:00 (UTC+3 Turkey Time).

No BNB will be charged as STRK listing fee.

What is Starknet Coin?

Starknet (STRK) coin is a permissionless decentralized Layer 2 (L2) currency rollup built on Ethereum to provide scaling through STARKs, cryptographic protocols, without compromising Ethereum’s core principles of decentralization, transparent, inclusive and secure. StarkNet Token is vital for operating, maintaining the ecosystem and making decisions within it. It operates as a Validity Rollup (also known as “ZK-Rollup”), allowing any decentralized application (dApp) to achieve unlimited scale for their computations without compromising the granularity and security of Ethereum. This is possible thanks to the fact that StarkNet is based on the STARK cryptographic proof system, which is known for security and scalability.

For detailed, up-to-date information such as current price, market cap and trading information, you can follow the cryptocurrency market platform offered by CoinGecko.

Notes:

  • Ethereum (ETH) deposits and withdrawals are now available on the Starknet network.
  • STRK will be marked with a Seed Tag by Binance, indicating that it may involve high volatility and risk.
  • TRY is a fiat currency and does not represent digital currencies.

Starknet is interpreted as a new token that carries high risk and could potentially be subject to large price fluctuations. This means it is important for investors to practice adequate risk management, do their own research and fully understand the project.

To gain trading access to tokens marked with the Seed Tag, users will need to pass the relevant exams on Binance platforms and agree to the Terms of Use. This is a measure to ensure users are aware of the risks before trading.

BinanceThis new listing of ‘s seems to create excitement in the cryptocurrency market. Investors and interested parties are advised to carefully examine all the details before starting transactions.

Detailed information about the listing from here you can reach.

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