Binance has announced plans to conclude pre-market trading for Scroll (SCR) and initiate spot trading soon, generating optimism about SCR’s price outlook.
Binance Expands Trading Options for Scroll (SCR), Price Set for Gains?
The crypto exchange giant unveiled new spot trading pairs for Scroll (SCR) and notified users that pre-market trading for the token will end. Despite a slight dip in SCR’s price today, the token has seen gains of over 200% since pre-market trading began last month, reflecting increased investor interest.
New Spot Trading Pairs for Scroll Announced:
In an official announcement on October 18, Binance stated that it would end ‘pre-market’ trading for Scroll on October 21 at 09:00 UTC. Spot trading for new pairs, including SCR/BTC, SCR/USDT, SCR/FDUSD, and SCR/TRY, will begin on October 22 at 08:00 UTC. Users can deposit SCR in preparation for trading, and withdrawals will be available starting October 23 at 08:00 UTC. Additionally, the transfer function for SCR will be reactivated before October 21. The listing fee has been set at 0 BNB, highlighting Binance’s support for the zk-rollup crypto project.
The exchange also indicated that SCR would carry a seed tag, signaling high risk and volatility. Pre-market orders will be automatically removed once pre-market trading ceases. Binance’s expanded trading options aim to provide users with greater access to the token, potentially boosting its future price action.
SCR Price Outlook:
Currently, SCR’s price is down nearly 5% at $1.27, with intraday lows and highs recorded at $1.25 and $1.39, respectively. However, market observers expect further gains driven by Binance’s expanded offerings. Since its pre-market listing began on October 11, SCR has surged over 200%. The upcoming spot trading launch is likely to attract more investment, signaling a positive outlook for SCR’s price.
Additionally, Binance’s recent expansion of offerings for other tokens, such as SUI and TURBO, reinforces its position as a leading crypto exchange and highlights its ongoing commitment to supporting emerging projects.
