Binance DEX's adjusted volume over the past 24 hours is $139,303.25. A total of 61 currencies are trading across 68 markets on Binance DEX.
What is Binance DEX?
Binance Chain is a blockchain software system developed by Binance and its community. Binance DEX refers to the decentralized exchange features developed on top of Binance Chain.
The purpose of the new blockchain and DEX is to create an alternative marketplace for issuing and exchanging digital assets in a decentralized manner.
Users are able to:
Send and receive BNB
Issue new tokens to digitalize assets, and use Binance Chain as underlying exchange/transfer network for the assets
Send, receive, burn/mint and freeze/unfreeze tokens
Propose to create trading pairs between two different tokens
Send orders to buy or sell assets through trading pairs created on the chain
Watch the DEX market to confirm price and market activity of certain assets
Where is Binance DEX located?
Binance DEX is in Malta.