Binance's CEO, Changpeng Zhao announced the release of Binance Decentralized Exchange (DEX) demo via his Twitter account just hours ago.
One of the top crypto exchanges in the world, Binance released the demo of their decentralized exchange (DEX) to the public recently, as the CEO mentioned in his Twitter account just hours ago.
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
The demo video showed the BinanceChain still in command line interface, although it's already capable of creating, listing and trading of tokens. Changpeng Zhao "warned" the viewers not to expect too much just yet, as the DEX is still in a "casual, early, pre-alpha" demo and that there are still tons need to be done. However, Zhao showed his excitement as his team managed to deliver the demo version about 1-2 months earlier than expected.
As their popularity grows, Binance manages to gain trust from more crypto enthusiasts in the crypto space. Many expect the exchange to have a decentralized version, as it boasts more privacy and less-risk of server downtime, as well as its "trustless" nature where no third party holds the funds but the users themselves.