Bitfinex Among First Exchanges to List SCR, Native Token of Scroll

ROAD TOWN, Tortola, British Virgin Islands – 21 October, 2024 – Bitfinex (https://www.bitfinex.com), a premier digital asset trading platform, announced today that it will be among the first exchanges to list SCR, the native token of Scroll, a layer-2 scaling solution built on Ethereum.

Scroll, an Ethereum-compatible Layer 2 network, leverages zero-knowledge (ZK) technology to deliver lower transaction costs and faster speeds while preserving Ethereum’s security. Founded in 2021 with a stated mission to “scale Ethereum,” Scroll has fostered grassroots development by keeping its technology open-source, allowing the Ethereum community to contribute voluntarily. Upon launching its mainnet in October 2023, Scroll reported impressive testnet results: over 450,000 smart contracts deployed, more than 90 million transactions processed, and an average of 305,000 daily transactions over 15 months. 

“Scroll’s community-driven efforts to scale Ethereum are so important as part of our industry’s efforts to bring Web3 into the mainstream. We are thrilled to add SCR to our vast slate of digital assets available for customers to trade,” said Henry Child, Head of Tokens at Bitfinex.

Deposits for SCR are expected to open at approximately 12:00 PM UTC on 21 October, 2024, subject to network conditions. Trading is planned to commence at approximately 08:00 AM UTC on 22 October 2024, contingent upon liquidity requirements being met. SCR will be tradable against US Dollars (SCR/USD) and Tether tokens (SCR/USDt). 

To obtain access to SCR on Bitfinex, customers can visit https://www.bitfinex.com/.

*All users of www.bitfinex.com are subject to Bitfinex’s terms of service (“TOS”). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com. 

About Bitfinex

Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.

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