Binance, the world’s largest cryptocurrency exchange by trading volume, is preparing to launch its own decentralized exchange (DEX). The new platform, called Binance DEX, is set to launch in early 2019.
Binance has been working on the DEX for over a year and it’s one of the most anticipated cryptocurrency projects of 2019.
The launch of Binance DEX will be a major milestone for the cryptocurrency industry. Binance is the largest exchange in the world and it has a proven track record of success.
The launch of the Binance DEX will bring much-needed competition to the decentralized exchange space and could lead to mass adoption of decentralized exchanges.
Binance DEX will use the same technology as the Binance Chain blockchain. The Binance Chain blockchain is a high-performance blockchain that is designed for fast and secure token transfers.
The Binance Chain blockchain has been live since April 2018 and it’s already processing over $1 billion worth of transactions per day.
Binance DEX will be a trustless, decentralized exchange that offers high levels of security and privacy. Users will be able to control their own private keys and trade with confidence knowing that their funds are safe.
The launch of Binance DEX is a highly anticipated event that could have a major impact on the cryptocurrency industry. If successful, Binance DEX could lead to mass adoption of decentralized exchanges and help to build a more secure and private internet.