Following the example of Bithumb, the major cryptocurrency trading platform Binance is planning to launch a decentralized branch. Binance DEX will officially start operating at the beginning of 2019, whereas the demo version will be available for testing quite soon.
As it can be seen from the introductory video, the interface of Binance DEX is quite similar to that of Binance. However, some upgrades will certainly take place. For example, the decentralized version of Binance will have a blockchain explorer which will help to look for a specific block and the transactions stores there.
Also, Binance DEX will include a decentralized crypto wallet app.
A decentralized exchange is not the only endeavour undertaken by Binance. We remind you:
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