Binance, the leading cryptocurrency exchange, has revealed plans to expand trading for Scroll (SCR), a zero-knowledge rollup crypto. The announcement has sparked optimism about SCR’s future price movements as Binance prepares to end pre-market trading and begin spot trading.
Binance to Launch Spot Trading for Scroll (SCR)
In an October 18 announcement, Binance revealed that pre-market trading for Scroll will end on October 21 at 09:00 UTC. Following this, spot trading will begin for the following pairs: SCR/BTC, SCR/USDT, SCR/FDUSD, and SCR/TRY. Trading will officially start on October 22 at 08:00 UTC, with withdrawals available from October 23 at 08:00 UTC. The exchange emphasized that no listing fee (0 BNB) will be applied, signaling Binance’s strong support for the zk rollup project.
Additionally, Binance will apply a “seed” tag to SCR, indicating that it is a high-risk, volatile asset. All pre-market orders will be automatically removed once pre-market trading ceases, and users are encouraged to deposit SCR ahead of spot trading.
SCR Price Outlook: Will Gains Continue?
SCR has already experienced significant growth, with its price surging over 200% since its pre-market listing in early October. Although the token dipped 5% today, trading at $1.27, market analysts believe Binance’s expanded offerings could lead to more upward momentum. The token’s intraday high reached $1.39, and many expect further gains as new liquidity flows into the market.
The recent performance of SCR highlights the potential for continued growth, especially with Binance’s additional trading pairs offering more exposure. As Binance continues to solidify its role as a top exchange, projects like Scroll may benefit from increased market participation.
Binance Expands Offerings for SUI and TURBO
Alongside Scroll, Binance has also expanded offerings for other projects like SUI and TURBO, reinforcing its reputation as a leading crypto exchange. These new listings and trading options help attract more traders and liquidity, which could further boost the price of SCR and similar assets in the coming months.
