Public Release Date Revealed for the Binance DEX Testnet


Binance CEO Changpeng “CZ” Zhao has finally announced the date for the first public release of Binance Chain’s decentralized exchange (DEX) testnet.

According to the tweet, the exchange is “targeting” a February 20 release date. The DEX is designed to give users greater freedom, allowing them to send and receive Binance Coin (BNB), issue new tokens built on Binance Chain and invest using community-created trading pairs.

CZ recently revealed in a Periscope video that he is deliberately making the listing fee for new exchange high to reduce the number of spam and scam projects. While the number isn’t set in stone, he anticipates the fee will be around $100,000.

BNB/USD via CoinCodex

Binance Coin is up nearly 55% in the past month, making it one of the best performing digital assets over the period. The token now holds a $1.31 billion market cap, making it the 10th largest cryptocurrency.

More: Binance Coin (BNB) Hits All-Time High in Bitcoin Value

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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