Cryptocurrency exchange giant Binance offers its users both exciting new opportunities and delist news. Let's look at the details

ZKsync has arrived on Binance! Binance announced that it has added the ZKsync (ZK) token to the Binance Convert and “Buy Crypto” platforms

Cryptocurrency exchange Binance has announced the addition of the ZKsync (ZK) token to Binance Convert and “Buy Crypto” platforms. This integration will allow users to exchange ZK for BTC, USDT, and other tokens supported by Binance Convert without paying any fees. Users can also purchase ZK directly with their credit/debit card, Google Pay, Apple Pay, or trade from the “Buy Crypto” page with their existing wallet balance.

ZKsync is a layer-2 scaling solution for Ethereum that uses ZK-Rollups technology to increase transaction throughput and reduce gas fees. The integration of ZK into Binance Convert and “Buy Crypto” is expected to make it easier for users to acquire and diversify their crypto holdings.

In a separate announcement, Binance has revealed that margin transactions for the LINA/BTC pair will be ending. As of June 19, 2024, at 09:00 CEST, both Cross Margin and Isolated Margin transactions for LINA/BTC will be suspended. Before this date, isolated margin lending transactions will be stopped on June 18, 2024, at 13:00 CET.

At the specified time on June 19, users’ positions will be closed, settlement will be made automatically, and all pending orders will be canceled. The LINA/BTC pair will be completely removed from the Margin platform. Binance notes that users can still trade the LINA token through other trading pairs.

However, it emphasizes that position updates are not possible during the delist process. Users are strongly advised to close their positions and/or transfer their assets from Margin wallets to Spot wallets before June 19, 09:00 UTC, to avoid potential losses.

In related news, Binance has also added new trading pairs that can be traded with FDUSD, USDC, and USDT to Binance Margin. These new pairs are valid for both Cross Margin and Isolated Margin. The newly added pairs are listed below:

Cross Margin

LUNA/FDUSD

OP/FDUSD

RSR/FDUSD

SAND/FDUSD

UNI/FDUSD

ZEC/FDUSD

ZRX/FDUSD

Isolated Margin

ATOM/USDC

BAL/USDT

BAND/USDT

BNB/USDC

BNX/USDT

BTC/USDC

CEL/USDT

COMP/USDT

CREAM/USDT

CRV/USDT

DOGE/USDT

DOT/USDT

EOS/USDT

ETC/USDT

ETH/USDT

FEI/USDT

FIL/USDT

FLOW/USDT

GALA/USDT

GRT/USDT

HT/USDT

INJ/USDT

KAVA/USDT

KNC/USDT

LINK/USDT

LTC/USDT

LUNA/USDT

MANA/USDT

MATIC/USDT

MKR/USDT

NEAR/USDT

PEOPLE/USDT

PERP/USDT

POLS/USDT

POWR/USDT

QNT/USDT

RAD/USDT

REN/USDT

SAND/USDT

SHIB/USDT

SLP/USDT

SNX/USDT

SOL/USDT

SRK/USDT

SUSHI/USDT

SXP/USDT

THETA/USDT

TRB/USDT

UNI/USDT

VET/USDT

WAVES/USDT

XLM/USDT

XMR/USDT

XRP/USDT

ZEC/USDT

ZRX/USDT