CEO Binance announced the creation of a new decentralized stock exchange
Source:
CEO Binance, Chanpen Zhao has announced a demo version of the private decentralized exchange. Tweet the Director General of the exchange published a short presentation of the main features of the new service. About it writes .
theBinance creates a new crypto currency exchange
Zhao also warned that while «users should not put too high expectation». DEX Binance is still in development and does not yet have the final version of the interface. Zhao revealed three main functions exchanger: the video shows the creation, listing and trading tokens. Date of release of the platform has not been announced.
Recall that DEX is much safer than centralized exchanges. They do not accumulate all tokens in «common shopping», which can hack the hackers. In decentralized exchange, each user can access their assets using private keys.
Looks Like Binance strives to occupy a dominant position in the industry. Previously, the company Trust Wallet startup, which is developing an open decentralized wallet with 20 000 tokens on the basis of Ethereum. Zhao mentioned that Trust Wallet will appear as a standard purse on DEX Binance.
A first (rough, pre-alpha) demo of the Binance Decentralized Exchange (DEX), showing issuing, listing and trading of tokens. All cli based, no GUI yet. A small step for a big step for .
— CZ (not giving away crypto) (@cz_binance)
Now Binance ranks first in trading volume on Coinmarketcap. Recall that in late July the company Zhao plans investments in start-up loans in the cryptocurrency.
Visit our cozy , to be the first to know what coins of Selestat on Binance.
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