Binance Chain and DEX Demo

The leading cryptocurrency exchange Binance has released a video as preview for its upcoming decentralized exchange.  This happened after their recent reveal that the creation of project Binance Chain and as the CEO Changpeng Zhao confirmed it will feature one-second block time for transactions and will allow users full control of their funds. Binance DEX seems to use a slight variation of the already tried and true interface that Binance exchange uses, but users will control their private keys themselves eliminating potential loss of funds by hacking or other form of security breach of the exchange.

As Binance DEX will be operating alongside the Binance Blockchain it is estimated to attract and support a variety of crypto assets and in a few months that it will be available to the public we might even notice some tokens migrating or being entirely developed for it.

Video preview:





1 Comment on this Post

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