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Binance Takes Bold Step Away From Ethereum, Makes Preparations To Launch DEX

From smartereum.com

Binance, the largest cryptocurrency exchange per trading volume hosted its cryptocurrency, BNB, on the Ethereum blockchain. However, the company is making plans to launch a decentralized exchange and leave the Ethereum network. The DEX testnet was developed on the Binance Chain and it is going to be launched next week or next two weeks according to Changpeng CZ Zhao, the CEO of Binance. During a live stream question and answer segment on Thursday, CZ gave the community insight into the Binance Chain. According to him, the BNB token will be moved from the ERC20 platform to the Binance Chain. It will become the native ... (full story)

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  • Category: Fundamental Analysis