Binance Reveals Pre-Alpha Demo of Decentralized Exchange & Binance Chain Amidst Listing Fee Criticism

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Cryptocurrency exchange giant Binance has unveiled a pre-alpha demonstration of its own decentralized exchange in a move that foreshadows the future of the crypto trading ecosystem. First announced in May, the Binance Decentralized Exchange (DEX) is part of a greater project that will see the exchange platform launch a tailored blockchain, called “Binance Chain.” The preview of Binance’s DEX represents a significant milestone in the crypto market, where centralized exchanges are frequently compromised by hacks and fraud.

A first (rough, pre-alpha) demo of the Binance Decentralized Exchange (DEX), showing issuing, listing and trading of tokens. All cli based, no GUI yet. A small step for #BinanceChain, a big step for #binance. https://t.co/2aXkR0gclP

— CZ (not giving crypto away) (@cz_binance) August 9, 2018 Binance DEX Development Powers Ahead In a statement issued via Twitter, Binance CEO Changpeng Zhao noted that, while there isn’t an official release deadline for the