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.
Exchange concentrates are not necessarily useless, but they still do not have many advantages over centralized exchange. But Binance is developing a product that has the advantage of concentration and decentralization like Binance CEO said. Also one thing that makes Binance DEX not completely decentralized is that it will charge $ 100k for any coin that wants to be listed on it.