One of the largest cryptocurrency markets, Binance, released on Thursday a demo version of its upcoming decentralized exchange (DEX), called Binance Chain, that will allow users to list trading pairs without centralized control. The crypto market will decide how Binance will develop its current centralized exchange and the new DEX trading platform, the company CEO Changpeng Zhao said.
“We will let the market decide. I expect they will co-exist for some time,” Zhao said.
Still, it is unclear when Binance Chain will be officially launched, but the so-called pre-alfa version, published as Zhao video presentation on YouTube, gave many technical insights. Zhao explained the process of issuing coins, listing trading pairs and making orders. The presentation is based on an example with Binance own token, BNB, which will be the native coin of the future Binance ...
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