Coinone to List ZKL on KRW Market: Deposits Live Now

IconCryptoNewsTerminal Staff21 Jul, 2024

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Coinone to List ZKL on KRW Market: Deposits Live Now

Coinone, a popular South Korean cryptocurrency exchange, has officially listed ZKLink (ZKL) on its KRW market today. Trading for the ZKL/KRW pair went live at 9:30 PM KST, while deposits became available an hour earlier at 9:00 PM KST. This listing marks a significant milestone for ZKL, as it increases its accessibility to Korean investors and traders. ZKL is a native token of the ZKLink network, a Layer 2 scaling solution built on top of Ethereum. The ZKLink network utilizes zero-knowledge proofs to provide fast and low-cost transactions, making it an attractive option for DeFi applications and other blockchain-based use cases. The addition of ZKL to Coinone's platform further expands the exchange's diverse offerings and provides its users with access to a wider range of cryptocurrencies. Coinone is known for its strong security measures and user-friendly interface, making it a preferred choice for many Korean crypto enthusiasts. With this new listing, ZKL holders can now easily buy, sell, and trade the token using the Korean won (KRW), one of the most widely used currencies in South Korea. The listing is expected to increase ZKL's liquidity and trading volume, as well as raise awareness of the ZKLink network and its potential benefits for the blockchain ecosystem.