Review on Binance DEX by Raul Leon
Binance DEX one of the top cryptocurrency exchange with custom wallet.
Binance is one of the main global exchange of cryptocurrencies and it is all thanks to its high volume of operations, this exchange is characterized by having a testnet for Binance DEX, which is a decentralized search engine where this program is characterized by having the Binance Chain technology. Binance DEX being a platform that is managed in a decentralized way has its own nodes, where users can store their private keys and can easily and quickly manage their own wallet, this exchange platform also offers a different balance in what is refers to the security, freedom and ease of operations. One of the main features of this exchange is that it supports proven and decentralized hardware and software wallets. The Binance Trust Wallet is fully integrated with Binance DEX, as well as the Ledger Nano S, with more time-compatible wallets in addition to allowing digital active exchanges to be listed on the DEX network and within Blockchain nodes.
Pros
- It has a main wallet where users can store them without problems which is named Trust Wallet.
- Users will have complete control of the functions and administration of cryptocurrencies through private keys and passwords.
- It is one of the main exchange platforms worldwide due to its high volume of operations and assets.
- It has blockchain technology for the security of the assets that are managed in this exchange.
Cons
- It is an exchange that does not support fiat currency which means that users will not be able to buy cryptocurrencies.
