Review on Binance DEX by Gita ayu Roeshalia
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 DEX allows users to create their own Binance Chain wallet to store and trade Binance-based tokens, and trade against BNB pairings on over 100 digital assets.
The Binance DEX has succeeded in bringing many new projects to the exchange, who have either issued a portion of their tokens as Binance Chain assets, or ran token sales through the DEX.
i love using Dex ,because simple
Pros
- trust exchange
- faster transaction
Cons
- just bnb blockchain
