Binance, the world’s largest cryptocurrency exchange by trading volume, announced the new platform – called Binance DEX – is now up for public testing where users can create their own wallets and interact with the trading platform’s interface.
In addition, Binance revealed the blockchain explorer for the testnet of its proprietary public network called Binance Chain, which empowers the DEX so that traders can participate as individual nodes and hold their own private keys to their crypto assets
“With Binance DEX, we provide a different balance of security, freedom, and ease-of-use, where you take more responsibility and are in more control of personal assets,” said Binance’s co-founder and CEO Changpeng Zhao.
Low Trading Fees
Trade with no withdrawal, deposit, or order placement fees — and BNB holders benefit even more.
Experience direct wallet to wallet trading without any third party or central authority.
Safe and Secure
Your funds are stored on a blockchain address with a private key that only you control.
Create a wallet, unlock your wallet, and you’re ready to trade.
No need to deposit or withdraw.
It’s a Community Initiative
Binance DEX is powered by on-chain governance and open source software components.