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Launch Of DEX Platform May Occur In April — Binance CEO

15:32 07/04/2019
Binance DEX Platform May Be Launched As Early As April

Changpeng Zhao, CEO of the Binance crypto company, stated at the Deconomy conference that the decentralized trading platform Binance DEX may start working by the end of April 2019, according to the company's Twitter.


In late January, the platform announced the launch of the testnet of Binance DEX, which was developed based on the Binance Chain blockchain network. In the test version, users can create crypto wallets and use the exchange API. Back then the developers announced that user reviews will determine the date of the official launch of the trading platform.


During the conference, Zhao also announced that the Binance Singapore crypto exchange, which will support fiat currencies, will be launched before the end of this month. The testing of this platform began in 2018.


Another news was that the BNB coin balances snapshot will take place shortly before the upcoming token sale of the Matic Network project. The sale of MATIC tokens will occur in a lottery format under the new rules. The exchange lowered the minimum user participation threshold to 50 BNB.


Earlier, Zhao stated that inaccurate information of some crypto platforms on trading volumes may be useful for the whole crypto sphere.

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