Binance DEX to Launch Public Test

Community's feedback will help determine the date of the official launch of the new decentralized platform
20 February 2019   556

The largest daily trading volume, Binance cryptocurrency exchange, has launched a public testing of a decentralized trading platform based on its own blockchain

So, users can already create wallets and interact with the Binance DEX interface. At the same time, the exchange introduced the block explorer for Binance Chain.

It is noteworthy that traders in the Binance Chain network can act as nodes and independently store private keys.

Trust Wallet and Ledger hardware wallets have been added to Binance DEX.

Representatives of the exchange said that the feedback from the community will help determine the date of the official launch of the decentralized platform.

Binance DEX to Launch Trading

Mithril is the first asset, that is trading on new platform; also, the exchange presented the listing rules for assets
25 April 2019   83

Binance DEX announced the start of trading in the Mithril token (MITH) together with Binance Coin (BNB). This is the first asset in the listing site.

At the same time, the exchange presented the listing rules for assets. So, anyone can release a token on the Binance Chain, but listing it to the marketplace takes place in several stages.

First of all, the issuer must place a listing application on the Binance Chain community forum, providing answers to a number of questions relating to the innovativeness of the project, its scope and other characteristics.

After that, the issuer must make a deposit in the amount of 1,000 BNB within two days, which will be returned later. Note that the listing of an asset on Binance DEX must be approved by at least half of the validators.