CoinDesk on Twitter: "Binance Offers First Look At Planned

in upvote •  6 years ago 

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  • Cryptocurrency exchange Binance unveiled the platform's first look at its upcoming decentralized exchange (DEX) on Thursday.
  • Chain, a platform to transfer and trade different crypto assets without a centralized operator. This week, CEO Changpeng Zhao provided the first demonstration of the Binance Decentralized Exchange and the Binance Chain.
  • The various activities depicted outline the basics of issuing, listing and trading crypto assets on the decentralized exchange.
  • And while there are decentralized exchanges currently in existence in the crypto markets, data by analytics firm Alethio reports that most have varying degrees of centralization built into their model.
  • Crypto exchange by the name of Waves being hacked of funds almost immediately after launching from a year-and-half-long beta period.

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