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Binance DEX Review

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Very good

Revainrating 4 out of 5  
Rating 
4.1
Crypto Exchanges

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Revainrating 5 out of 5

Binance DEX

Binance Dex is a decentralized, very secure and super smart exchange. Through it we can trade directly without intermediaries, and best of all, transfer your traded assets directly to external portfolios, not necessarily inside the exchange. Binance Dex is an excellent exchange within the dex's event, because in addition to being fast and without bureaucratization, it has very attractive rates within the platform, an innovative and differentiated product among Dex's. I've used and use Binance…

Pros
  • low rates
  • above average security
  • practicality and intelligence in movements within the exchange
  • nice and modern layout
Cons
  • nothing negative to address

Revainrating 5 out of 5

About Binance DEX

The world has the highest transaction volume and the most used crypto money exchange binance has launched the Binance DEX without centers in the beginning of 2019. Binance Dex; The Binance was built on Chain and serves web wallets and BlockChain Explorer infrastructures. In addition, there is a trading interface similar to Binance's traditional stock market and trading can be done easily. Block Explorer service is also available from Binance dex. In other words; Address, operation id or…

Pros
  • In ventilated stock exchanges such as Binance Dex, users do not have to create an account. All transactions are performed directly on the BlockChain and the non-escrow is provided with the user's own wallet.
  • The main return of using a central system is freedom and increases the control of users on their own money
  • simple and user friendly interface
  • High Level Security and Encryption
Cons
  • none

Revainrating 3 out of 5

Binance Dex review

Binance Dex was launched in Feb 2019 so it is relatively new. Since Binance dot com is a centralized exchange, Binance Dex was introduced so that traders can now have the option of trading and keeping the custody of their Private keys. The exchange was built on Binance chain blockchain which allow it to support similar trading Volume like Binance. Although since it was created its trading volume is in nowhere comparable with to that of Binance dot com. Another good spot about Binance Dex…

Pros
  • It eliminates the issues related to takers and makers
  • It supports external software and hardware wallet
  • The interface is easy to use and navigate
  • For deposit it accepts bank wire, credit and cryptocurrency
  • Users enjoy the liberty of keeping the Private keys as in other DEx
  • Offers all security common to DExs
Cons
  • Does not support crypto to flat exchange yet
  • Daily trading volume is very low

Revainrating 4 out of 5

The fees are very affordable and cheap

Binance Dex exchange is a decentralized exchange which is very popular. This exchange been decentralized is very safe and reliable. No user ha complained on the social media accounts like the telegram that his or her account is been tempted with, so during registration, account safety should jot be your fear. The exchange has a very low fee and even the withdrawal fee seems affordable. The exchange has it stable coin to trade against with. I don't have any issue with what I experienced in he…

Pros
  • It is decentralized
  • Attractive trading environment
  • Good liquid
  • Fast and reliable
Cons
  • Nothing

Revainrating 4 out of 5

My review about the project Binance DEX

Hello friends! Binance DEX is a decentralized cryptocurrency exchange from the Binance team, built on the Binance Chain blockchain. The developers claim that it will combine the advantages of conventional Binance (high turnover, fast execution) and the advantages of a decentralized approach. In terms of trading opportunities, they offer the same thing as on the Binance exchange. The bonus is a quick listing of new tokens, in June IDO (Initial DEX Offering) Ravencoin was successfully passed…

Pros
  • There is a lot of criticism on Binance DEX, skeptics doubt that the platform is truly decentralized. So far, everything is going well. BNB Binance is transferring to its own blockchain, the network has already been launched and the first projects that have successfully passed IDO have appeared.
Cons
  • Among the shortcomings, we can only single out a small set of assets and support only for limit orders. In the future, this will most likely be corrected, and DEX may well enter the purely top exchanges.

Revainrating 4 out of 5

BINANCE DEX CRYPTOCURRENCY EXCHANGE.

Binance DEX changed into released in February 2019 and presents a very good possibility for its Cex version to offer offerings for folks who like privacy, due to the fact personal registration isn't required. Decentralized enterprise brings a few super benefits, such as: B. Not a 3rd of the party, and also you don’t need to place cash on a primary tool to update each event of your day. Your password, this means that the safety of your account is yours. DEX buying and selling servers are used…

Pros
  • It is network initiative.
  • It is person friendly, this means that not like different DEX the evaluate isn't bulky to understand.
  • No private records is given out earlier than one could use the trade.
  • There is low buying and selling charge specially in case you are paying with BNB token.
  • Since it's far a decentralized trade you're in overall manipulate of your non-public key, even need to the server be hacked the hacker can't get get right of entry to to customers fund.
Cons
  • It isn't to be had to US investors.
  • No fiat deposit, this means that isn't an access stage for overall strangers to crypto.

Revainrating 3 out of 5

Binance DEX with nice user interface

Binance DEX is one of the pleasant decentralized structures That may be observed withinside the cryptocurrency buying and selling marketplace given that with centralized and decentralized buying and selling traits imparting a huge variety of alternatives With this trade platform, it gives more than one buying and selling techniques with which to research with every use In addition to having appealing and coffee prices as compared to different DEX structures It has impeccable safety with which…

Pros
  • It has advanced security features
  • It's easy to use
  • Its decentralised
Cons
  • No negative review at this moment

Revainrating 4 out of 5

Binance DEX exchange review.

In February 2019, Binance DEX was introduced to serve those who love confidentiality as a decent alternative to its CEX version, because no personal information is necessary. The same team that manages the controlled exchange Binance is also responsible for this. There are a lot of advantages to being a decentralized exchange, for example, that there isn't a third party and that you don't have to keep your coins in any centralized system, instead every day you manage your key, which means you…

Pros
  • It's user-friendly, thus unlike other DEX, the overview isn't difficult to grasp.
  • Because it is a decentralized exchange, you have complete control over your cash.
  • Trading charges are minimal.
  • It's the effort of the Community.
Cons
  • No deposit of fiat.

Revainrating 4 out of 5

Binance Dex a safe and reliable Dex platform

Binance has one of the top three performing exchange involved in crypto trading and mostly all other features an exchange can offer. Binance Dex is an decentralized version of Binance. Usually a Centralized Exchange is owned and run by authrorities and founders but a dex platform is more transparent version where you trade with peers without any central or third parties involved. Best thing about binance dex platform is that almost all top quality coins are listed to trade and easy to use web

Pros
  • Binance Dex is easy to use with wallet import features or with hardware wallet
  • Low fees trading make it reliable way to use
  • Binance Dex use make sure that you have complete control of your assets
Cons
  • Lot less coins to trade as compare to Binance Cex version

Revainrating 3 out of 5

Binance DEX Complete Overview

Binance was founded in 2017 and today it's the largest cryptocurrency exchange. Within a few months after its launch, the exchange gained immense popularity and was one of the most striking examples of the successful Ethereum-based ICOs in the history. Binance DEX is a decentralized exchange developed by Binance. Binance DEX operates on Binance's own blockchain (Binance Chain), which is recording and confirming all internal transactions and exchange operations. Testnet was launched on February…

Pros
  • Token issuance is available. Specify a few basic parameters and you good to go. But the tokens themselves will be extremely simple, if we were to compare them with Ethereum-based tokens.
Cons
  • Some people find it discouraging that users can only hold BTC.B and not the real Bitcoin on Binance DEX. And we have to rely on Binance entity to process BTC.B into BTC withdrawals. Some even might say that the whole point of DEX is neglected because of this. But I guess current solutions is not advanced enough to offer instant decentralized exchange of the real assets. This kind of "synthetic" solutions is the choice of many DEXes.
  • Low volume by the centralised standards. But by the DEX standards it's pretty good.
  • By the utopian blockchain standards all we got is famous CZ's "FUNDS ARE SAFU" and low decentralisation levels. But the work continues and this may improve over time. I will update my review then.

Revainrating 4 out of 5

Binance dex

I love privacy in any platform and binance dex, I would say suits me as all my personal details wouldn't be needed to make transaction on these platform which shows it have a very good security system users are in complete control of their account as a personal private keys which a user can use in other to access their exchange account. Binance dex is similar to other exchange platform only difference is binance dex is solely a digital exchange platform where users can conveniently make trade a

Pros
  • Users privacy taken into consideration
  • Low transaction fee for making deposit and withdrawal
  • Connect with other wallets
  • Security is good
Cons
  • Good exchange platform nothing bad for now

Revainrating 4 out of 5

Binance Dex is an important tool.

Binance Dex is an important Exchange service. Though it mainly offers Bep2/BNB pairs, it offers a quick, cheap and simple way to exchange your Binance chain tokens. It has a really simple yet effective user interface and log-in security that supports the idea of decentralization. There isn't much else apart from trading you can do on Binance dex. It is an important tool, and we can see that as it's integrated into popular wallets like Trust and Atomic wallet. If you need quick decentralized

Pros
  • Quick Exchange for Binance tokens.
  • Integrated in many popular wallets like Atomic and Trust.
  • Get a key store file to access your account, which boosts decentralization.
  • Easy UI.
  • Many Exchange options.
Cons
  • Main Exchange pairs are Bep2/BNB
  • Not much else to do on the Dex apart from spot trading.

Revainrating 4 out of 5

Binance DEX Exchange

One year in the market, it is a decentralized exchange that provides services with great security, at very low commercial rates and with ease of use that can be accessed by less experienced investors and with little trading volume. This allows users to have full control of their funds since they are responsible for their access codes, within the exchange they have more than 138 commercial pairs and can carry out P2P operations without the intervention of third parties.

Pros
  • Without the intervention of third parties that allows peer-to-peer exchange, de-centralized where only the user has control of the assets and full storage of the access codes.
  • Servers in various parts of the world which provide greater security and reduce the possibility of a pirate attack.
Cons
  • Binance DEX does not accept US investors on its platform, which means that US users must turn to another platform.
  • Due to the crisis caused by COVID-19, the 24-hour trading volume fell substantially from $ 2.1 million, which was the volume handled in September months before the pandemic started at just $ 369,944 for March amid the crisis.
  • It does not allow the purchase of cryptocurrencies, to use the exchange you must have crypto previously.

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…

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.

Revainrating 4 out of 5

Binance DEX Exchange

Fast and secure decentralized exchange of digital assets, where users are responsible for safeguarding access codes and have full control of their funds. It allows users to exchange assets among themselves, since it is based on the peer to peer "P2P" protocol, they offer 138 pairs to market and they assure they continue to increase. A notable advantage is that it can handle the same trading volume that Binance currently handles, this feature places the exchange above many other decentralized…

Pros
  • Control of keys and funds by users.
  • Low commission rates.
  • High performance in the market.
  • The orders will be executed at the same time when added to the block, with a maximum time of 72 hours, otherwise they will be canceled.
Cons
  • No exchange of cryptocurrencies and fiat currencies.

Revainrating 5 out of 5

The big decentralized exchange Binance DEX

Decentralized exchange Binance DEX is part of the ecosystem of the world's largest exchange Binance. It was created for the purpose of developing Bep2 standardized tokens of the BNB blockchain and making it easier to access areas where the laws restrict cryptocurrency trading. Decentralization and decentralization and technical superiority turned Binance DEX into the largest decentralized exchange. The user has complete control over his or her assets, the assets will be stored in the user's…

Pros
  • There is Binance behind and backed by the cryptocurrency community
  • The user's property is entirely in their ownership, the exchange will not be able to control or interfere.
  • Users are anonymous when making transactions on Binance DEX
  • Cheap transaction fee
  • Binance dex is the back door for high quality projects that want to be listed on CEX
Cons
  • It does not yet have a mobile application

Binance DEX is the decentralized version of the world's first volume trading platform. This well-known tool allows us to buy or sell cryptocurrencies without third parties. At no time does Binance DEX manage user cryptocurrencies. Users keep their private keys and don't expose themselves to scary hacks. It is therefore a simple interface that allows communication between a buyer and a seller who does not know each other. What is interesting and exceptional is the central role of the BNB. It is…

Pros
  • The user experience is pleasant, Binance DEX is no more difficult to handle than traditional Binance.
  • Commissions are very low
  • Speed
Cons
  • Binance DEX does not allow the exchange of cryptocurrencies for fiat currencies.
  • Limited number of trading pairs

Revainrating 5 out of 5

Binance DEX Doesn't Required Your Personal Information.

Binance DEX was launched in February 2019 as a good alternative to its cex version, to serve those who love privacy because no personal information is required. The same team that is managing Binance centralized exchange is the one managing this one too. Being a decentralized exchange come with some great advantages, for example there is no third party and you don't need to store your coins in any centralized system, instead each time of the day you are in total control of your key, which…

Pros
  • Since it is a decentralized exchange you are in total control of your private key, even should the server be hacked the hacker can not get access to users fund.
  • There is low trading fee especially if you are paying with BNB token.
  • No personal information is given out before one can use the exchange.
  • It is user friendly, which means unlike other DEX the overview is not cumbersome to understand.
  • It is community initiative.
Cons
  • No fiat deposit, which means is not an entry level for total strangers to crypto.
  • It is not available to US investors.

Revainrating 5 out of 5

Binance DEX

The Binance Decentralized Exchange, or ‘DEX’, is part of ‘Binance.org’, which focuses on building decentralized exchange infrastructure where Binance Chain based tokens can be issued and traded. This ties in closely with the Binance Launchpad, where new projects can be created and traded as we’ll discover later, but it’s also a decentralized exchange where users can trade peer to peer without a centralized exchange processing the orders. Similar to IDEX for Ethereum-based tokens, Binance…

Pros
  • trust exchange
  • faster transaction
Cons
  • just bnb blockchain

Revainrating 3 out of 5

Binance DEX

Binance DEX is one of the best decentralized platforms That can be found in the cryptocurrency trading market since with centralized and decentralized trading characteristics providing a wide range of options With this exchange platform, it offers multiple trading strategies with which to learn with each use In addition to having attractive and low rates compared to other DEX platforms It has impeccable security with which it gives you absolute access and full control of your private keys And…

Pros
  • Great security
  • Easy to use interface
  • Decentralized platform
Cons
  • does not accept fiat currencies