Binance DEX and Binance Chain - PowerPoint PPT Presentation

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Binance DEX and Binance Chain

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Binance DEX is a Peer-to-peer protocol of Binance running on Binance Chain that allows users to exchange cryptocurrency directly without the involvement of admin. – PowerPoint PPT presentation

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Title: Binance DEX and Binance Chain


1
Binance DEX and Binance Chain
  • www.bitdeal.net

2
What is Binance ?
  • Binance is one of the popular cryptocurrency
    exchanges that initially offered a centralized
    platform for trading 100 cryptocurrencies. From
    2018, Binance exchange is the world's biggest
    cryptocurrency exchange in terms of global
    trading volume and users.
  • Founder Changpeng Zhao, Yi He
  • Founded Year 2017
  • Headquarters Malta

3
What is Binance DEX?
  • Binance DEX is a Peer-to-peer protocol of Binance
    running on Binance Chain that allows users to
    exchange cryptocurrency directly without the
    involvement of admin.
  • The notable benefit of Binance DEX is its
    matching system as it is created on a high power
    blockchain medium " Tendermint Core " with 1sec
    block time. This provides speed as same as
    centralized exchanges.

4
Key Features of Binance DEX
  • The key aspects of Binance DEX platforms are as
    follows
  • 1. Private keys are under the control of users
  • 2. Decentralized order book
  • 3. Matching mechanism with 1 sec block time
  • These three factors can take the binance and
    crypto market to the next level.

5
What is Binance Chain ?
  • The Binance Chain is a core technology of Binance
    DEX with which it can make trade volume as like
    Binance centralized platform. You can not mine
    crypto coins on Binance Chain, Instead, tokens
    can be created.
  • Binance ?hain uses blockchain mechanism such as
    Byzantine Fault Tolerant (BFT ) and
    Proof-of-Stake (PoS ).The launch of Binance Chain
    on mainnet Galileo has made the migration of
    Binance Coin (BNB ) from ERC 20 to BEP 2, the
    native token standard of Binance.

6
Highlights of Binance DEX
  • 1. Functionality
  • Binance DEX uses a web-based exchange platform
    with UI similar to Binance centralized platform.
    It contains Tradingview charts with full range
    technical indicators. The Binance DEX offers
    users a way to create their own wallet and hold
    their own private keys.
  • 2. Security
  • Binance DEX provides wallet development in which
    the users can store their private keys
    confidential.
  • Know more Highlights Here !!

7
Advantages of Binance DEX
  • 1. As Binance already gained a good reputation,
    this in turns continues to be with Binance DEX.
  • 2. Build with familiar UI and UX.
  • 3. Control of funds is in the hands of users.
  • 4. Users have the rights to test trading tricks.
  • 5. Low or considerable fees.

8
What Bitdeal can afford ?
  • We, Bitdeal help you in developing your own DEX
    platform as like Binance DEX on your own
    blockchain network. We also provide integration
    of DEX features for your already existing
    centralized cryptocurrency exchange platform.
    Develop your DEX platform with live trading and
    cent percent decentralized trading platform.
  • Our Blockchain experts are experienced and they
    can deploy a blockchain network as like Binance
    Chain to maintain the trading on your own DEX
    platform as like Binance DEX.
  • Book a live demo for Binance DEX at Bitdeal Now
    !!
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