Review on Binance DEX by phuong cong
My favorite decentralized exchange Binance DEX
Binance dex is Binance's own decentralized exchange developed on Binance's Blockchain Bep2 platform that supports listing Bepchain tokens. It is considered an important part of the vast ecosystem of the world's No. 1 exchange. Binance Dex supports hardware and soft wallets compatible with the Binance chain platform, namely the decentralized Trust wallet.
Like other decentralized exchanges, the Binance dex property allows users to store tokens on a decentralized platform without being controlled by Binance, all transactions are conducted onchain and saved to Binance ledger.
Pros
- The decentralized and decentralized user nature fully holds the Bep2 token
- Large volume of transactions, quite easy to use
- You can create new wallets or link to supported wallets like Trust wallet or cold wallets
- Service fees such as withdrawal fees and transaction fees are cheap
Cons
- With the small amount of tokens you cannot convert to BNB, I hope Binance dex will have the same function as cex in the future.
