Binance Releases Demo of its Decentralized Exchange

in binance •  6 years ago 

Binance Release Alpha Version of its Decentralized exchange

Recently, Binance CEO Changpeng Zhao posted a six-minute video on Twitter announcing the release of the demo mode of the company’s decentralized exchange. He was however quick to numb the high expectation from some crypto enthusiast had on the upcoming exchange saying not much should be expected for now. The CEO stated that the system does not currently have a graphic user interface.

A tweet from the CEO mentioning the release stated that the first demo of the binance decentralized exchange was meant to show the issuing, listing, and trading of tokens on the platform. He also stated that the software has no GUI yet. He further states this is a small step for binance chain but a big one for Binance.

In the video posted on twitter, Zhao explained the three essential features of the planned cryptocurrency exchange. The features are; creation, listing, and trading of tokens. However, the CEO didn’t mention the date for launching the exchange. The crypto space still awaits when the exchange will be marketed. Also how much volume it will be able to handle.

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