Binance Reveals ZKSync Airdrop Worth Over 2 Million Following ZK Listing

Binance recently added ZKsync to its list of supported cryptocurrencies, prompting the exchange to introduce a reward initiative that will see 10.5 million ZK tokens distributed among more than 52,000 qualifying users.
ZKsync is now available for trading on Binance across multiple spot trading pairs, with trading and deposits for ZK officially commencing at 08:00 (UTC) today, as stated in a blog post. However, withdrawals will only be permitted starting tomorrow, June 18, at 08:00 (UTC).
To coincide with the addition of ZK, Binance revealed a reward program that will see 10.5 million tokens distributed to 52,500 qualifying users. As of now, these ZK tokens are valued at $2.69 million. The reward program will run for one month, starting from June 17 at 02:00 (UTC) until July 16 at 23:59 (UTC).
Binance has outlined four criteria for distributing the tokens. Firstly, eligible users must have initiated a minimum of 50 transactions on ZKSync Era between February 2023 and March 2024. These transactions must have taken place within the specified seven-month period and must not include self-transfers.
Additionally, the airdrop is open to addresses that did not receive ZK tokens from the official ZK Nation airdrop, and the claiming address must not be a contract, bridged, or linked to a centralized exchange.
Users who meet the eligibility requirements can claim their ZK tokens by depositing at least 0.02 ETH ($69.84) from the ZKsync whitelisted address. Upon completion of this step, eligible users will receive 200 ZK tokens on a first-come, first-served basis. The first ZK airdrop is scheduled to begin on June 25.
Following its official launch, ZK has been listed on several major exchanges besides Binance, including KuCoin, Bybit, and Gate.io. The current trading price of ZK is $0.2566, with a total supply of 21 billion tokens and 3.675 billion in circulation. The token’s market cap currently stands at $933.72 million, and it has quickly risen to the 76th position on CoinMarketCap with a 24-hour trading volume of $544.7 million.
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