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53 Review
16 Karma

Review on Binance DEX by Jeff Shaw

Revainrating 4 out of 5

Binance DEX best decentralized exchange

Binance DEX is the best decentralized blockchain for trading crypto assets. The Binance DEX will eventually disrupt centralized exchanges in the future, but because decentralized exchanges do not have the assets or significant trading volume, it is not the best place to trade right now. The best thing about decentralized exchanges is you never lose ownership of your assets as you do not have to transfer funds to a centralized exchange.



Pros
  • super fast, decentralized, low transaction fees, no counter party risk
Cons
  • not alot of assets on chain, not available in all jurisdictions