Binance Will End the Scroll (SCR) Pre-Market and List Scroll (SCR) with Seed Tag Applied

2024-10-18 01:22

Note: Please do your own research before making any trades for the aforementioned token outside Binance to avoid any scams and ensure safety of your funds. 

This is a general announcement. Products and services referred to here may not be available in your region. 

Fellow Binancians, 

Binance will end the Scroll (SCR) Pre-Market at 2024-10-21 09:00 (UTC) and open spot trading for the following pairs at 2024-10-22 08:00 (UTC).

  • New Spot Trading Pairs: SCR/BTC, SCR/USDT, SCR/FDUSD and SCR/TRY.

  • Users can now get the SCR deposit address, and start depositing SCR in preparation for trading at 2024-10-21 10:00 (UTC).

  • Withdrawals will open at 2024-10-23 08:00 (UTC).

  • Transfer function will resume before 2024-10-21 10:00 (UTC)

  • SCR Listing Fee: 0 BNB.

  • Smart Contract/Network Details: Scroll Network (0xd29687c813D741E2F938F4aC377128810E217b1b)

Notes:

  • USDT deposits and withdrawals on the Scroll network are now available, and no further announcement will be made.

  • The seed tag will be applied to SCR.

  • All Pre-Market orders will be automatically removed after trading ceases for the Pre-Market trading pair.

  • TRY is a fiat currency and does not represent any other digital currencies.

  • The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.

  • Trading Bots & Spot Copy Trading will be enabled for the aforementioned token within 24 hours of it being listed on Spot. For users with running Spot Copy Trading portfolios, pairs can be included by enabling them in the [Personal Pair Preference] section of the Spot Copy Trading settings.

  • There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

What Is Scroll (SCR)

Scroll is a Bytecode-level compatible zkEVM Rollup.

Important Notes

  • SCR is a relatively new token that poses a higher than normal risk, and will likely be subject to high price volatility. Users must exercise sufficient risk management and DYOR (do your own research) to fully understand the project before opting to trade the token.

  • Seed tags represent innovative projects that may exhibit higher volatility and risks compared to other listed tokens. Seed tag will be applied to SCR.

  • To gain trading access to tokens marked with seed tag, users will need to pass the corresponding quizzes every 90 days on the Binance Spot and/or Binance Margin platforms, and accept the Terms of Use. The quizzes are set up to ensure users are aware of the risks before trading the tokens with the Seed Tags. Users may find seed tags on the corresponding Binance Spot and Binance Margin trading pages, as well as on the Markets Overview page. A risk warning banner will also be displayed for all tokens with the Seed Tags. 

Additional Information

 Trading of the aforementioned new trading pair(s) is subject to eligibility based on the user's country or region of residence. Please note that the list of restricted countries provided below may be changed from time to time, due to mandatory changes in applicable laws and regulations, or other changes relevant to the trading eligibility of these new trading pair(s). Users need to complete account verification to participate in the trading of these new trading pair(s).

Currently, users residing in the following countries or regions will not be able to trade the above-mentioned spot trading pairs: Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.

Please note that this list may be updated periodically to accommodate changes in legal, regulatory, or other factors.

Thank you for your support!

Binance Team

2024-10-18

Note: This announcement was updated on 2024-10-18 to clarify that users can now get the SCR deposit address, and start depositing SCR in preparation for trading at 2024-10-21 10:00 (UTC).

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: In compliance with MiCA requirements, from 2024-06-30, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here

Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.