Binance first showed private decentralized exchange in the work
The company held a demonstration platform where users can exchange digital money without intermediaries
Chapter cryptocurrency exchanges Binance Zhao Chanpen first showed a decentralized trading platform for digital money (DEX), which is currently under development. It is based on the blockchain Binance Chain, the official release will take place in the near future.
Zhao called decentralized exchange something exciting and added that the programmers ahead of time. The entrepreneur said that the platform is in its early stages of development, but the team is actively working.
For the first time Binance announced plans to launch a decentralized exchange in March. In June trading platform Huobi announced its own public Protocol on which to base DEX.
Previously, Ethereum Creator Vitalik Buterin wished all centralized exchanges to burn in hell. He noted that such platforms hinder the development of digital money, they only need to connect a wire between the world of Fiat and cryptocurrencies.
Follow the development of a decentralized exchange on Binance in our telegram channel RBC-Crypto.