Binance.US, the globally acclaimed sister concern of the world’s leading cryptocurrency exchange Binance has announced the news about the listing of Zilliqa (ZIL) virtual currency on its esteemed platform. The addition of ZIL in the leading cryptocurrency trading platform will allow the customers to enjoy access to two new trading pairs, namely ZIL/USD and ZIL/BUSD. Binance.US now proudly has 30 top-rated cryptocurrencies trading on its network.
According to the official announcement, the trading process for the two new market pairs will kickstart on February 20, 2020, at 9:00 PM EST/ 6:00 PM PST. The news was circulated amongst the global customer base of Binance.US through an official Twitter post.
— Binance.US 🇺🇸 (@BinanceAmerica) February 20, 2020
The customers are advised to start depositing USD, BUSD, and ZIL tokens in their wallets to take the maximum advantage of the new trading event. Binance.US has clarified that the ZIL tokens are available temporarily for deposits while the withdrawals will be started only after the trading will get live.
The interested customers who are willing to deposit and trade USD for ZIL will be subjected to clear the fiat verification apart from the basic and advanced verification as well. The customers who are planning to fill in their accounts with USD even before the trading gets activated need to set up any of the three USD payment methods available on the platform. These are:
- Via Debit Card
- Via Wire Payment
- Via ACH
Established in 2017, Zilliqa was the creation of a team of academics, entrepreneurs, and engineers. The revolutionary project was designed focusing on the idea of “Sharding,” a process that divides the mining network into small fragments or shards that help in the processing of transactions in parallel. The dedicated team of experts puts their intelligence in carving out a solution that would improve the scalability of cryptocurrency networks like Ethereum.