Connect with us

Hi, what are you looking for?

Crypto News

Binance Expands Trade Offerings For Scroll, SCR Price Gains Ahead?

Crypto exchange behemoth Binance sparked substantial optimism surrounding the zero-knowledge rollup crypto Scroll (SCR) on Friday, enhancing trade offerings for the token. The exchange revealed that it is ending pre-market listing for the asset, although additional trade offerings are to commence shortly ahead. Meanwhile, SCR price rallied over 200% to date after its pre-market listing began the previous month.

Binance Unveils New Listings For Scroll Sparking Optimism

In an official announcement dated October 18, it was revealed that the exchange is ending ‘pre-market’ trading for Scroll on October 21 at 09:00 UTC. Subsequently, the exchange will open spot trading for certain pairs starting October 22 at 08:00 UTC.

As per the Binance announcement, the new spot trading pairs that will be available for trading are SCR/BTC, SCR/USDT, SCR/FDUSD, and SCR/TRY. Users can start depositing SCR in preparation for trading. Withdrawals for the same are set to commence on October 23 at 08:00 UTC. Further, the transfer function will resume before October 21, the announcement added. Meanwhile, the listing fee was set at 0 BNB, underscoring the crypto exchange’s efforts to back the zk rollup crypto project.

Further, the exchange also revealed that it will apply the seed tag next to SCR. This indicates that the asset offers high risk and volatility. “All Pre-Market orders will be automatically removed after trading ceases for the Pre-Market trading pair,” the exchange notified. Overall, the enhanced trade offerings for users pave a bullish path for the coin’s future price action.

SCR Price To Gain Ahead?

Although SCR price traded down nearly 5% today, resting at $1.27, market watchers anticipate further gains in the asset’s price ahead. This bullish projection is primarily attributable to Binance’s enhanced offerings. Further, the token’s intraday low and high were recorded as $1.25 and $1.39, respectively.

Besides, it’s worth mentioning that SCR price extended gains to over 200% since October 11 in light of its pre-market listing. Further enhanced offerings by the exchange pave the way for additional money inflow into the coin, painting an optimistic picture of the price ahead.

Also, it’s worth mentioning that the exchange expanded offerings for SUI & TURBO recently, further cementing its foothold as one of the leading crypto exchanges.

The post Binance Expands Trade Offerings For Scroll, SCR Price Gains Ahead? appeared first on CoinGape.

You May Also Like

World News

US Secretary of State Marco Rubio will discuss the possibility of deporting suspected Tren de Aragua gang members to El Salvador in an upcoming...

Science&Tech News

Consumer rights group Which? is suing Apple for £3bn over the way it deploys the iCloud. If the lawsuit succeeds, around 40 million Apple...

Science&Tech News

Battle lines have been drawn between the almost 200 countries meeting in Azerbaijan as they seek to agree a new pot of money to...

Crypto News

The Bank of Russia has issued a directive for financial institutions to prepare for the integration of the digital ruble. The move aims to...