Post
Topic
Board Service Discussion (Altcoins)
Re: Binance DEX is decentralized or not? BNB token will go up or down?
by
tokenlife
on 22/02/2019, 09:20:58 UTC
What does DEX mean? decentralized exchange.lol
I guess Binance DEX will bring a different perspective to the meaning of decentralized exchange. Until now, the decentralized exchange seemed useless, but many things will change if the name is Binance.

Yes. DEX means Decentralized Exchange.


I guess Binance DEX will bring a different perspective to the meaning of decentralized exchange. Until now, the decentralized exchange seemed useless, but many things will change if the name is Binance.

It looks like Binance has huge plans on remaking the overall tokenization landscape. Alone with DEX they have launchpad where ICOs will take place using BNB (Binance Token). So you make an ICO with greater chance to be listed on Binance Exchange. If not listed on Centralized Exchange you get listed on Binance DEX. The difference in listing pricing (rumors):
Listing on Binance Exchange - $4-5 millions
Listing on Binance DEX $100 K

Lets see where it will lead us.