Review on Binance DEX by Sheila Cova
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 exchanges, with performance issues.
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.
