SELFKEY ($KEY) Delisting

Notification
Website https://www.binance.com/Binance
Submit Crypto Listing
Notification

SelfKey ($KEY)) token will be delisted on Binance Exchange with KEY/USDT pair on 10th December 2024, At 03:00 (UTC).

About

SelfKey ($KEY) Project


Kroma Network is an innovative Layer 2 solution built on Ethereum, designed to enhance scalability and reduce transaction costs for decentralized applications (dApps). It is powered by the OP Stack and utilizes Optimistic Rollups (ORUs) combined with zkEVM technology, providing high throughput and low fees while maintaining Ethereum’s security. This makes Kroma an attractive platform for developers, particularly in the gaming sector, aiming to support a new wave of decentralized gaming experiences.A key feature of Kroma is its focus on seamless user experience and gamification, offering a mobile-first, low-fee platform for both developers and users. It is part of the larger Superchain ecosystem, aimed at creating a connected, efficient blockchain network. Kroma also introduces a novel account abstraction system, reducing transaction costs further and enhancing the platform's appeal to Web3 users. Additionally, the project envisions a future where it fully transitions to a ZK rollup, boosting its scalability and fault-proof mechanisms. Through initiatives like Kroma Creative Universe (KCU), it aims to foster a thriving ecosystem with fair reward distribution.


Also read: Binance Exchange Delisting - IRISnet ($IRIS)
Submit Crypto Listing
SelfKey ($KEY)
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Frequently Asked Questions (FAQs) View All
Crypto listing refers to the process of adding a new cryptocurrency to a crypto exchange platform, allowing users to trade, buy, and sell the newly listed token.
Cryptocurrencies get listed on exchanges through a rigorous evaluation process by the exchange's team. This typically involves considerations such as the project's technology, team, community support, market demand, and legal compliance.
The time it takes for a cryptocurrency to get listed on an exchange varies widely. It can range from a few weeks to several months, depending on the exchange's listing criteria, the complexity of the project, and the volume of applications the exchange receives.
Being listed on a cryptocurrency exchange can provide several benefits, including increased liquidity, access to a broader user base, heightened visibility and credibility for the project, and the potential for price appreciation due to increased trading activity.
Listing fees can vary significantly depending on the exchange and the project's perceived value. These fees can range from thousands to millions of dollars, and there may be additional costs such as legal fees, due diligence expenses, and marketing expenses.
Yes, exchanges typically have specific requirements that a cryptocurrency must meet to be eligible for listing. These requirements may include having a working product, a dedicated development team, a certain level of community support, legal compliance, and security standards.
Yes, most exchanges allow anyone to submit a listing request for a cryptocurrency. However, meeting the exchange's listing criteria is crucial for the request to be considered seriously.
After a cryptocurrency is listed on an exchange, users can start trading it against other cryptocurrencies or fiat currencies available on the platform. The project's team may also engage in marketing activities to promote the listing and increase trading volume.
Yes, exchanges reserve the right to delist cryptocurrencies that no longer meet their listing criteria or pose a risk to their users. Reasons for delisting may include low trading volume, security issues, lack of developer support, or regulatory concerns.
You can stay informed about new cryptocurrency listings by following exchange announcements, monitoring crypto news websites, joining project communities, and following social media channels of exchanges and cryptocurrency projects.