Binance DEX Decentralized Exchange Review (2020)

Distributed Exchanges to disrupt financial systems #DEX

Distributed Exchanges Reddit group is the place to discuss distributed exchanges such as 0x, Stellar, Bancor, Waves, DDEX, KyberNetwork, BitShares, Ripple, Omega, NVO, Madarin/Tangerine and Bisq
[link]

Komodo Platform

Komodo is an open, composable multi-chain platform. With blockchain development roots going back to 2014, Komodo is consistently recognized as a pioneer of multi-chain architecture in the blockchain space. Komodo's current technology suite, the Antara framework, offers tools for end-to-end blockchain development, including a customizable, application-specific Smart Chain complete with a library of built-in modules and an open API for building blockchain-based applications.
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Loopring: Open Protocol for Scalable DEXes on Ethereum

Loopring is an open protocol for building high-performance, non-custodial orderbook exchanges on Ethereum. Our infrastructure leverages zkSNARKs to scale throughput, lower cost, and build DEXs that feel as performant as centralized alternatives - with 100% Ethereum security guarantees.
[link]

Travala.com (AVA) Will List on The Binance Decentralized Exchange (DEX)

Travala.com (AVA) Will List on The Binance Decentralized Exchange (DEX) submitted by xenzor to Travala [link] [comments]

Binance Launches Native Trust Wallet on Binance Decentralized Exchange (DEX)

Binance Launches Native Trust Wallet on Binance Decentralized Exchange (DEX) submitted by Ranzware to BitNewsLive [link] [comments]

🔥💥🔥#Infinito Wallet is bringing Binance's decentralized exchange (DEX) and BNB Coin to you!🔁💰🌟

🔥💥🔥#Infinito Wallet is bringing Binance's decentralized exchange (DEX) and BNB Coin to you!🔁💰🌟

https://preview.redd.it/17uf0ydr6dq21.jpg?width=2813&format=pjpg&auto=webp&s=601dffaa720f2e598d21de209c6b5c9d998165da
⚡️⚡️⚡️Get ready to trade millions of leading cryptocurrencies instantly on Binance DEX and conveniently use #BNB Coin soon on Infinito Wallet’s most scalable #DApp Browser, App Square!

https://reddit.com/link/b9m998/video/8ujqmva47dq21/player
⭐️See our blog for more details! http://bit.ly/infinito-binance



submitted by infinitowallet to InfinitoWallet [link] [comments]

Binance Decentralized Exchange(DEX) Second Demo

Binance Decentralized Exchange(DEX) Second Demo submitted by cryptoallbot to cryptoall [link] [comments]

CZ - "A first (rough, pre-alpha) demo of the Binance Decentralized Exchange (DEX), showing issuing, listing and trading of tokens. All cli based, no GUI yet."

CZ - submitted by mijimijim to BinanceExchange [link] [comments]

A first (rough, pre-alpha) demo of the Binance Decentralized Exchange (DEX)

A first (rough, pre-alpha) demo of the Binance Decentralized Exchange (DEX) submitted by SynonymOfHeat to CryptoCurrencies [link] [comments]

Ledger Supported on the Binance Decentralized Exchange (DEX) Testnet

Ledger Supported on the Binance Decentralized Exchange (DEX) Testnet submitted by cryptoallbot1 to cryptoall [link] [comments]

Binance Decentralized Exchange(DEX) Second Demo

Binance Decentralized Exchange(DEX) Second Demo submitted by DeveloperThing to Bitcoin [link] [comments]

Trust Wallet Goes Live on Binance Decentralized Exchange (DEX)

Trust Wallet Goes Live on Binance Decentralized Exchange (DEX) submitted by n4bb to CoinPath [link] [comments]

Trust Wallet Goes Live on Binance Decentralized Exchange (DEX)

Trust Wallet Goes Live on Binance Decentralized Exchange (DEX) submitted by MundoMoedas to Cryptochillout [link] [comments]

Binance Decentralized Exchange(DEX) Second Demo

Binance Decentralized Exchange(DEX) Second Demo submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

MCS | What is DeFi's Playground Uniswap?

MCS | What is DeFi's Playground Uniswap?
\This post has been written by Hedgehog, an MCS influencer and one of Korea's famous cryptocurrency key opinion leaders.*

https://preview.redd.it/15cn7c8sg4i51.png?width=1024&format=png&auto=webp&s=a8cf9ee278cfe942cc536ae875d1bec4b331b00d
#Be_a_Trader!
Greetings from MCS, the derivatives trading platform where traders ALWAYS come first.

If you are an MCS trader interested in Defi, that is emerging and trending in the cryptocurrency industry, you will have heard of an exchange called Uniswap and know that Uniswap is a decentralized exchange. The concept of Uniswap's decentralized exchange is very different from the decentralized exchange (DEX) which trended in 2017-2018.

What is Uniswap?


https://preview.redd.it/g0d9s77tg4i51.png?width=470&format=png&auto=webp&s=2611450177d7a107a42f401c0f749f7693ce80e1
Uniswap is a decentralized exchange protocol. In short, it is an Ethereum-based protocol designed to facilitate automatic exchange transactions between Ethereum and ERC20 tokens. Uniswap is installed on-chain, so anyone can use this Uniswap protocol by installing a decentralized wallet like Metamask. Uniswap is loved by the cryptocurrency enthusiasts as it is a DeFi project that provides protection of assets when trading by decentralization.

How Does It Differ From Other DEXes?


https://preview.redd.it/4t7ijzxtg4i51.png?width=1922&format=png&auto=webp&s=1b9daba69637a54a82f92791a23401e13cd9f19e
The image above is a screenshot of Binance's Decentralized Exchange (DEX). Most Decentralized Exchanges (DEX) have similar UI/UXs as above. These decentralized exchanges (DEX) are different from centralized exchanges as they do not require deposits of cryptocurrency assets on the exchange but rather links it with personal wallets. The trading concept is no different from centralized exchanges.

https://preview.redd.it/y3zhz0vug4i51.png?width=868&format=png&auto=webp&s=b07d075b55a2e17c6822e0f124860a1411d61d5f
The image above is a screenshot of Uniswap's trade page. MCS traders who are new to Uniswap will have many questions like "What is this?" and "Can I trade with this?" Unlike traditional decentralized exchanges (DEXs), Uniswap has removed the order book. Instead, Uniswap introduced the Oracle concept and uses a pricing mechanism which guarantees liquidity and provide low spreads and slippage. These mechanisms are working successfully and are equipped with the concept of receiving incentives by providing liquidity utilizing the pool function on Uniswap.

Uniswap's Simple Market Making Mechanism

Uniswap guarantees liquidity using an automated market making mechanism. ERC-20 tokens traded in Uniswap has an Ethereum pool and token pool, and at a specific time, the token price is determined by the ratio of the Ethereum pool and the token pool size. Every time someone receives Ethereum from Uniswap by selling tokens, the amount of tokens increase and Ethereum decreases. In this case, the token price will gradually decrease by mechanism. Conversely, whenever someone gives Ethereum and buys a token, the corresponding token in the pool decreases, and the Ethereum quantity increases, so the mechanism increases the token price. As such, the token price is determined by an automated market making algorithm by checking the amount of Ethereum and token remaining in the token pool.

Incentivized Liquidity on Uniswap

Uniswap's automatic market making mechanism provides its own liquidity. However, it requires a significant pool of Ethereum and tokens to run smoothly. Uniswap incentivizes this liquidity by rewarding those who contribute to Ethereum and token pools. When each transaction occurs, part of the transaction fee is compensated to those who provide liquidity, and the size of the reward is proportional to the contribution ratio of the token pool liquidity.

Uniswap's Exponential Growth


https://preview.redd.it/sxcmgsqvg4i51.png?width=1340&format=png&auto=webp&s=57dfbfc8b44ea40a92b9b7ea1bb00ee3e5d23d69
According to an article on coinDesk on the 13th, citing Dune Analytics data, Uniswap's trading volume from August 1st to 12th was approximately $1.76 billion. This volume has already exceeded the monthly volume of July which was $1.75 billion. As shown in the chart above, the monthly trading volume of Uniswap has succeeded in breaking a record high for 4 consecutive months and it still continues to grow.

I am a Bitcoin margin trader, Hedgehog. Thank you for reading this post.

🔸 MCS Official Website : https://mycoinstory.com
🔸 MCS Telegram : https://t.me/mycoinstory_en

Traders ALWAYS come first on MCS.
Thank you.

MCS Official Twitter (EN): https://twitter.com/mycoinstory_mcs
MCS Official Facebook: https://www.facebook.com/MyCoinStory.official
submitted by MyCoinStory to MyCoinStory [link] [comments]

Binance Coin (BNB) Rallies 118 Percent In 2 Months And Breaks Into Top 10 On CoinMarketCap As Binance DEX Launch Approaches

Binance Coin (BNB) Rallies 118 Percent In 2 Months And Breaks Into Top 10 On CoinMarketCap As Binance DEX Launch Approaches

https://preview.redd.it/sc9roj30r5g21.png?width=690&format=png&auto=webp&s=9109f93ce1918eb29905cbe7fdce2d9bbc81cb40
https://cryptoiq.co/binance-coin-bnb-rallies-118-percent-in-2-months-and-breaks-into-top-10-on-coinmarketcap-as-binance-dex-launch-approaches/
Binance Coin (BNB) has become the first crypto exchange utility token to break into the top 10 on CoinMarketCap, following a 118 percent rally in 2 months. Binance Coin (BNB) now has a market cap of $1.31 billion, surpassing Bitcoin SV’s (BSV) market cap of $1.16 billion and Cardano’s (ADA) market cap of $1.07 billion. If this rally continues it is possible that Binance Coin (BNB) could surpass the Stellar (XLM) and Tron (TRX) market caps.
This rally is also likely being fueled by anticipation for the launch of the Binance decentralized exchange (DEX). Binance CEO Changpeng Zhao says the testnet of the DEX will go live on Feb. 20. Presumably, the mainnet will go live soon after that.
https://twitter.com/cz\_binance/status/1095187500056772608
The Binance DEX is entirely run on a blockchain called Binance Chain. Binance Coin (BNB) will transition from being an Ethereum (ETH) ERC-20 token to a native Binance Chain asset. Traders, speculators, and investors are perhaps buying up Binance Coin (BNB) ahead of the DEX launch since Binance Coin (BNB) will be needed for all DEX transaction fees.
The Binance DEX will be used to trade cryptocurrencies, issue new tokens, and propose new trading pairs that are voted on by the community. All Binance DEX actions and transactions will be recorded on the Binance Chain. Since Binance is the biggest crypto exchange in the world, the Binance DEX has the potential to be the biggest DEX in the world. A key point is that all users of Binance DEX will hold their private keys instead of the exchange holding the keys.
Ethereum’s (ETH) price may be negatively impacted by Binance Coin (BNB) leaving the Ethereum network since Binance Coin (BNB) is the top ERC-20 token. Further, Binance Chain will compete with Ethereum (ETH) since it will be an easier way to create a token and get it listed on a major exchange.
Another factor that may have accelerated the Binance Coin (BNB) rally is the quarterly burn, which removed 1.62 million Binance Coins (BNB) from circulation. Binance uses 20 percent of its quarterly profits to buy back and burn Binance Coin (BNB) and plans on ultimately removing 100 million of the total 200 million Binance Coins (BNB) in circulation. Longterm, this should help increase the price of Binance Coin (BNB).
Further, Binance Coin (BNB) has numerous uses beyond the DEX, which is why it has gained so much value even before the DEX has launched. Binance traders who use Binance Coin (BNB) receive a 25 percent trading discount, which when aggregated amounts to tremendous savings since Binance is the top cryptocurrency exchange in the world with $500 million to $1 billion of volume per day.
Also, Binance Coin (BNB) is accepted by numerous blockchain and cryptocurrency platforms including Crypto.com, Monetha, ETHLend, LNDR, Coinpayments, CoinGate, Nexo, Adamant Messenger, BytePay, TravelbyBit, Mithril, Propy, Tripio, CenterServ, InvestFeed, Kyber Network, NAGA, Pundi X, Gifto, Decentraland, VIBE, MoreCoin, Eidoo, AERON, DENT, Moeda, Storm, and CanYa. This makes Binance Coin (BNB) the equivalent of a utility token on steroids.
Binance Coin (BNB) is currently trading at $9.17, well less than the all-time high of $24.91 during the major crypto rally that peaked in January 2018. However, Binance Coin (BNB) has been having success even in the worst of the bear market and is in a good position to gain value when the next big crypto rally comes.
submitted by turtlecane to CryptoCurrency [link] [comments]

I'm trying to put together a list of what's coming out this year. Have this very simple list so far. Anyone care to add anything or suggest some better dates?

Latest News (most recent first) - Instant channels enable safe Lightning payments with unconfirmed funding Beta - Feb 10, 2019 - Voyager, New trading app from Uber & E-Trade execs announce launch date - Feb 9, 2019 - bumi/blockstream_satellite ruby gem for the Blockstream Satellite API - Feb 8, 2019 - New Zap Desktop 0.3.4 is out. New features, massive performance - Feb 8, 2019 - New release: @lightning desktop app v0.4.0-alpha - Feb 8, 2019 - valerio-vaccaro/Liquid-dashboard - Feb 7, 2019 - Japanese SBI Holdings will allow trading of coins - March 2019 - lnd v0.5.2-beta released - Feb 6, 2019 - Koala studios launches online LN gaming platform - Feb 6, 2019 - Independent Reserve has become the first #crypto exchange in Australia to be insured, with coverage underwritten by Lloyd's of London. - Feb 6, 2019 - Coinbase announces BTC support for their mobile (keep your own keys) wallet - Feb 6, 2019 - Blockstream published a new open source Proof of Reserves tool. - Feb 5, 2019 - RTL release v0.1.14-alpha - Feb 5, 2019 - dr-orlovsky/typhon-spec spec for new trestles side chain published - Feb 5, 2019 - Payment requests coming soon to BTCPay. - Feb 5th, 2019 - Kraken Acquires Futures Startup In Deal Worth At Least $100 Million - Feb 5th, 2019 - Next Blockchain cruise scheduled for June 9-13 - Feb 4, 2019 - Work on a GoTenna plugin to Electrum wallet in progress - Feb 4, 2019 - Bitcoin Candy Dispensers being open sourced - Feb 4, 2019 - New release of JoinMarket v0.5.3 - Feb 4, 2019 - Prime Trust won’t charge its clients to custody digital assets any longer. - Feb 4, 2019 - nodogsplash/nodogsplash wifi access using LN - Feb 3, 2019 - @tippin_me Receive tips using Lightning Network adds message feature - Feb 3, 2019 - Bitcoin-for-Taxes Bill in NH Unanimously Approved by House Subcommittee - Feb 3, 2019 - Full support for native segwit merged into bitcoinj - Feb 3, 2019 - Bitfury is partnering with financial services firm Final Frontier! - Feb 2, 2019 - Now you can open #LightningNetwork channels in @LightningJoule - Feb 2, 2019 - Integrating Blockstream’s Liquid payments on SideShift AI - Feb 1, 2019 - Wyoming legislature passes bill to recognize cryptocurrency as money - Feb 1, 2019 - Casa is open sourcing the code for the Casa Node - Feb 1, 2019 - Casa Browser Extension released - v0.5.2-beta-rc6 of lnd, full release getting very close now - Feb 1, 2019 - Tallycoin adds subscriptions and paywall features in bid to rival Patreon - Jan 31, 2019 - Static channel backup PR merged into LN - Jan 31, 2019 - The NYDFS grants another Bitlicense to ATM operator - Jan 31, 2019 - @pwuille currently proposing the “MiniScript” language to describe BTC output locking conditions for practical composition - Jan 31, 2019 - Fidelity is in the “final testing” phase for its new digital asset business - Jan 31, 2019 - Hardware wallet PR #109 just got merged so that @Trezor no longer requires user interaction for PIN - Jan 31, 2019 - CBOE, VanEck & SolidX filed a new & improved bitcoin ETF proposal. - Jan 31, 2019 - Casa Node code is now open sourced - Jan 31, 2019 - Next Bitoin halving in roughly 497 days - Jan 31, 2019 - BTCPay released 1.0.3.53 - Jan 31, 2019 - @binance now lets users purchase cryptos using Visa and Mastercard credit. - Jan 31, 2019 - Bitfury to Launch Bitcoin Operations in Paraguay - Jan 31, 2019 - Coinbase introduces very generous affiliate program - Jan 30, 2019 - DOJO Trusted Node bitcoin full node. Coming Early 2019 - Jan 30, 2019 - FastBitcoins.com Enables Cash-for-Bitcoin Exchange Via the Lightning Network - Jan 30, 2019 - TD Ameritrade says clients want cryptocurrency investment options - company plans major announcement in 'first half of 2019' - Jan 30, 2019 - Storage component of Fidelity's @DigitalAssets live, with some assets under management, @nikhileshde - Jan 29, 2019 - lightning mainnet has reached 600 BTC capacity - Jan 29, 2019 - Drivechain shows picture of Grin side chain and suggests might be ready in 2 month - Jan 29, 2019 - Lightning labs iOS neutrino wallet in testing stage now - Jan 29, 2019 - Aliant offering cryptocurrency processing free-of-charge - Jan 29, 2019 - Chainstone’s Regulator product to manage assets on the way - Jan 29, 2019 - Fidelity Investments’ new crypto custody service may officially launch in March. - Jan 29, 2019 - Gemini's becomes FIRST crypto EXCHANGE and CUSTODIAN to complete a SOC 2 Review by Deloitte - Jan 29, 2019 - Iran has lifted the ban on Bitcoin and cryptocurrency - Jan 29, 2019 - Confidential Transactions being added into Litecoin announcement - Jan 28, 2019 - http://FastBitcoins.com Enables Cash-for-Bitcoin Exchange Via the Lightning Network - Jan 28, 2019 - Germany’s largest online food delivery platform now accepts btc - Jan 27, 2019 - Launching a Bitcoin Developers School in Switzerland - Jan 27, 2019 - RTL release v0.1.13-alpha Lightning Build repository released - Jan 27, 2019 - The first pay-per-page fantasy novel available to Lightning Network. - Jan 27, 2019 - Numerous tools become available to write messages transmitted with Blockstream Satellite - Jan 26, 2019; - BTCPay 1.0.3.47 released - Jan 26,2019 - WordPress + WooCommerce + BTCPay Plugin is now live - Jan 25, 2019 - Juan Guaido has been promoting #Bitcoin since 2014 is new interim president of Venezuela - Jan 25, 2019 - Morgan Creek funds @RealBlocks - Jan 25, 2019 - Coinbase integrates TurboTax - Jan 25, 2019 - Robinhood received Bitlicense - Jan 25, 2019 - Anchor Labs launches custody - Jan 25, 2019 - NYSE Arca files w/ @BitwiseInvest for BTC ETF approval - Jan 25, 2019 - South Korea, Seoul, Busan & Jeju Island currently working to create pro crypto economic zones. - Jan 25, 2019 - valerio-vaccaro/Liquid-dashboard - Jan 25, 2019 - Bermuda to launch crypto friendly bank - Jan 25, 2019 - Mobile Bitcoin Wallet BRD Raises $15 Million, Plans for Expansion in Asia - Jan 25, 2019 - BullBitcoin rolling out alpha access of platform - Jan 25, 2019 - Electrum Wallet Release 3.3.3 - Jan 25, 2019 - Bitrefill, purchase Bitcoin and have it delivered directly over LN - Jan 25, 2019 - South Korean crypto exchange Bithumb looking to go public in USA - Jan 24, 2019 - Bitcoin Exchanges Don’t Need Money Transmitter Licenses in Pennsylvania - Jan 24, 2019 - US; New Hampshire Bill Aims to Legalize Bitcoin for State Payments in 2020 - Jan 24, 2019 - Robinhood, LibertyX Receive Licenses from New York Regulators - Jan 24, 2019 - Bakkt Bitcoin futures contract details released - Jan 24, 2019 - Blockstream CryptoFeed V3 now includes 30+ venues and 200M+ updates per day - Jan 24, 2019 - Binance Jersey – The Latest Binance European Exchange - Jan 2019
Commit Activity
Nodes and Market Dominance
Bitcoin
Financial
Lightning:
ASIC Miners:
Will update this section when I hear new developments
Wallets:
Hardware wallets:
LN
LN Apps:
LN Extensions / Launchers
LN Desktop wallets:
LN Mobile wallets:
LN Network:
LN Nodes:
LN Plugins:
LN Services:
Liquid Network
Rgulatory:
Exchanges:
Payments:
Please comment if you have any ideas on dates. Many of these dates are placeholders waiting for me to update. If you comment then I will update the post.
submitted by kolinHall to Bitcoin [link] [comments]

Blockmason and Binance Announce the Launch of Blockmason’s Credit Protocol Token on Binance Chain

In partnership with Binance, Blockmason is excited to launch Blockmason Credit Protocol Token (BCPT) on Binance Chain, a blockchain software system developed by Binance and the community, and the forthcoming Binance Decentralized Exchange (DEX), as one of the first tokens to be available to users. Binance DEX is the decentralized exchange feature developed on top of the Binance Chain blockchain, offering low latency and high throughput with one-second block times and one-second confirmation finality.
BCPT is a utility token which is required to enable the recording of data through the Credit Protocol to programmatic blockchains, such as Ethereum. As a developer of base-layer blockchain technologies, the Blockmason team is always looking for ways to expand the usability of our innovations. Launching BCPT on Binance Chain allows us to explore a new blockchain venue, assess the potential and suitability of cross-blockchain Credit Protocol transaction recording as well as the scaling of transaction capacity beyond what is currently capable on Ethereum. As Binance Chain grows, the Credit Protocol and BCPT will grow with it, presenting new opportunities for decentralized app developers and users alike.
Binance DEX carries over the best features of Binance.com in a decentralized setting while offering the benefits and security of a DEX. On Binance DEX, users maintain control of private keys and funds, ushering in a new era of peer-to-peer trading. Listing BCPT on Binance DEX ensures that DApp developers and others who build Credit Protocol-powered DApps that interact with Binance Chain will be able to obtain BCPT for their needs.
The initial migration of BCPT from ERC20 to BEP2 will begin in the days following the Binance Chain mainnet launch. Once the 12-hour migration period has started, deposits and withdrawals of BCPT on Binance.com will be disabled until the process is complete. Once complete, Binance users will be able to withdraw BCPT to BEP2-compatible wallets. Note that ERC20 BCPT held in private wallets or on other exchanges will not be impacted.
Read the full article here : https://blockmason.io/binance-chain/
submitted by cryptoiphy to ico [link] [comments]

Blockmason and Binance Announce the Launch of Blockmason’s Credit Protocol Token on Binance Chain

In partnership with Binance, Blockmason is excited to launch Blockmason Credit Protocol Token (BCPT) on Binance Chain, a blockchain software system developed by Binance and the community, and the forthcoming Binance Decentralized Exchange (DEX), as one of the first tokens to be available to users. Binance DEX is the decentralized exchange feature developed on top of the Binance Chain blockchain, offering low latency and high throughput with one-second block times and one-second confirmation finality.
BCPT is a utility token which is required to enable the recording of data through the Credit Protocol to programmatic blockchains, such as Ethereum. As a developer of base-layer blockchain technologies, the Blockmason team is always looking for ways to expand the usability of our innovations. Launching BCPT on Binance Chain allows us to explore a new blockchain venue, assess the potential and suitability of cross-blockchain Credit Protocol transaction recording as well as the scaling of transaction capacity beyond what is currently capable on Ethereum. As Binance Chain grows, the Credit Protocol and BCPT will grow with it, presenting new opportunities for decentralized app developers and users alike.
Binance DEX carries over the best features of Binance.com in a decentralized setting while offering the benefits and security of a DEX. On Binance DEX, users maintain control of private keys and funds, ushering in a new era of peer-to-peer trading. Listing BCPT on Binance DEX ensures that DApp developers and others who build Credit Protocol-powered DApps that interact with Binance Chain will be able to obtain BCPT for their needs.
The initial migration of BCPT from ERC20 to BEP2 will begin in the days following the Binance Chain mainnet launch. Once the 12-hour migration period has started, deposits and withdrawals of BCPT on Binance.com will be disabled until the process is complete. Once complete, Binance users will be able to withdraw BCPT to BEP2-compatible wallets. Note that ERC20 BCPT held in private wallets or on other exchanges will not be impacted.
Read the full article here : https://blockmason.io/binance-chain/
submitted by emrah0406 to Crypto_General [link] [comments]

Blockmason and Binance Announce the Launch of Blockmason’s Credit Protocol Token on Binance Chain

In partnership with Binance, Blockmason is excited to launch Blockmason Credit Protocol Token (BCPT) on Binance Chain, a blockchain software system developed by Binance and the community, and the forthcoming Binance Decentralized Exchange (DEX), as one of the first tokens to be available to users. Binance DEX is the decentralized exchange feature developed on top of the Binance Chain blockchain, offering low latency and high throughput with one-second block times and one-second confirmation finality.
BCPT is a utility token which is required to enable the recording of data through the Credit Protocol to programmatic blockchains, such as Ethereum. As a developer of base-layer blockchain technologies, the Blockmason team is always looking for ways to expand the usability of our innovations. Launching BCPT on Binance Chain allows us to explore a new blockchain venue, assess the potential and suitability of cross-blockchain Credit Protocol transaction recording as well as the scaling of transaction capacity beyond what is currently capable on Ethereum. As Binance Chain grows, the Credit Protocol and BCPT will grow with it, presenting new opportunities for decentralized app developers and users alike.
Binance DEX carries over the best features of Binance.com in a decentralized setting while offering the benefits and security of a DEX. On Binance DEX, users maintain control of private keys and funds, ushering in a new era of peer-to-peer trading. Listing BCPT on Binance DEX ensures that DApp developers and others who build Credit Protocol-powered DApps that interact with Binance Chain will be able to obtain BCPT for their needs.
The initial migration of BCPT from ERC20 to BEP2 will begin in the days following the Binance Chain mainnet launch. Once the 12-hour migration period has started, deposits and withdrawals of BCPT on Binance.com will be disabled until the process is complete. Once complete, Binance users will be able to withdraw BCPT to BEP2-compatible wallets. Note that ERC20 BCPT held in private wallets or on other exchanges will not be impacted.
Read the full article here : https://blockmason.io/binance-chain/
submitted by Bethmotel to blockmason [link] [comments]

TM2 FAQ from the Traxia Telegram channel (https://t.me/traxiafoundation)

FAQ
  1. What is going on?
We are grateful for the continuous support of the Cardano Community and the first investment of Emurgo. We are now very happy to announce that we have expanded our network of friends and supporters to the Binance Chain.
  1. Is TM2 different from TMT? We will issue ‘TM2’ on the Binance Chain and TMT was on Ethereum. TM2 will have a different supply and a different initial price. Details in terms of pricing, supply etc. are not final at this point in time and need to be confirmed with the team at Binance.
  2. I have TMT, how can I get TM2? For each TMT you hold you will be given 10 TM2. But, for that you need to follow this process: a. If you have any of your TMT tokens on an exchange, such as KuCoin, LAToken or similar, please transfer them to an ERC-20 compatible wallet, such as My Ether Wallet (MEW) or a compatible hardware wallet (e.g. Ledger), before the snapshot that will be taken Sunday June 9th, 1pm GMT+8 (see your time zone here: https://www.thetimezoneconverter.com). Note: No pooling of TMT to a single wallet will be permitted unless the wallet owner can proof control and ultimate beneficial ownership of both sending and accepting wallet. b. Once your token transfer is complete, all you need to do is simply keep your TMT tokens in that wallet until further notice. Note, that whilst trading is ceased, withdrawals are still permitted. c. You can now create a binance chain wallet, this is as easy and simple as navigating to https://www.binance.org/en/create and follow the steps. d. Go through a new whitelist at https://traxia.typeform.com/to/iCUpy7, and provide the Binance chain wallet address you have generated in step 3 while whitelisting. If you want to put several wallets just separate the addresses with a comma “,”.
Note:This step is necessary, even for those who participated in the original TMT token sale. This is because new regulation is Switzerland, where the Traxia Foundation is established, require KYC/AML for all new token sales.
e. Send TMT to the adress that will be shown exclusively on https://traxia.co
  1. What will happen to those that miss the snapshot? Send an e-mail to [email protected] and explain the situation. Further questions will be asked from you.
Kucoin delisted TMT? No but we asked them to suspend trades to protect current TMT holders that could be unaware of current changes and deadlines to move TMT to a MEW, Ledger, Nano S or equivalent wallet.
  1. What are the advantages to move to Binance Chain? It depends on which blockchain you compare it to and hence having a live mainnet helps. Also, the use case of your application and business model are relevant in our case a utility token to settle fees within the ecosystem and hence a chain such as the Binance chain that has proven this model with BNB seems to have a lot of advantages for us going forward and an excellent fit. Then there’s improved liquidity if/when we are listed on Binance DEX. Furthermore, not having smart contracts running on the chain seems to improve performance and better targeted at utility tokens to settle. Applications and processes that require those contracts can still be done but won't affect the onchain performance
  2. When will I receive TM2? Us as the team and you as our early community and supporters will need to follow a lock-up period to: A. Even though 60% of the team Tokens would be released in June, we are committed to exactly the same lockup as you as early community plus an additional delay of 1 year to unlock the remaining 40%, not before 2021 and committed to the following distribution: 10% of TM2 before or on October 31st 2019, 20% of TM2 before or on January 31st 2020, 30% of TM2 before or on April 30th 2020 40% of their participation shall be distributed before or on July 31st 2021.
B. For you as our early community the distribution will look as follows: 10% of TM2 before or on October 31st 2019, 20% of TM2 before or on January 31st 2020, 30% of TM2 before or on April 30th 2020 40% of their participation shall be distributed before or on July 31st 2020.
7.Why a lockup period? As a current holder of TMT you will receive a much better deal on your new TM2 than market price. If there was not a lockup period you and all the other holders would, therefore, have a big incentive to dump it in the market. To protect the new and current long-term investors we have created this lock-up period.
  1. KYC Process Who is doing the KYC? R: Traxia Foundation Are Americans accepted? R: Yes, KYC process can be done. I heard that Binance will not Accept 20+ nationalities incl. Americans after July 1st, is it true? R: this seems the most recent statement from Binance to that matter: https://bitcoinist.com/vpn-is-a-necessity-binance-dex-will-not-geoblock-anyone-says-cz/ Can I upload literally any Utility bill? R: Yes, even in another language than English. But, it has to be easily readable so we can let it translate and from the last 3 months. Question 16 of the kyc: Which tmt/eth/bnb/btc address will you use to purchase the tm2 token? Is this the MEW address where I have my TMT? R: Yes. How do you verify it is my address? You need to send TMT to receive TM2 and hence you need to be able to control this wallet
How much do you expect to raise when you launch TM2? This needs to be confirmed with the Binance team first.
  1. Will TM2 be listed on Binance DEX? TM2 will be launched on Binance Chain and most likely on Binance decentralized exchange (DEX). Binance DEX is built on top of Binance Chain, which they started developing and grew into a community initiative, and will use Binance Coin (BNB) as a native asset. Through Binance DEX one can send and receive tokens to anyone on the DEX, send tokens to others on the DEX, and receive some in return, issue and burn tokens as needed, freeze and unfreeze tokens. Additionally one can propose new trading pairs, with the whole community having a say on the merits of the pairing.
  2. Can I store TM2 on my Ledger hardware wallet? Yes. Ledger supports the Binance Chain and therefore will support TM2
  3. Will Traxia not move to the Cardano Blockchain? As most of you know, Traxia and its ecosystem was the first investment Cardano made through its investment arm emurgo (https://emurgo.io/#/en/what-we-do). To be upfront, we still believe that the blockchain developed by the team of IOHK will be one of the leading chains at one point in time. Like Tether (USDT) being issued on multiple blockchains (Omni, Ethereum, EOS), we believe in interoperability between chains and see great opportunity in such an agnostic approach.
  4. How does your roadmap looks like from now on? We understand your request for increased demand in the utility Token and having followed the market closely, so far, the only working utility tokens are tokens such as BNB. To accommodate your wishes, we will exclusively focus on improving our decentralized exchange and what we call listing providers, which is an exchange focused on tokenized debt assets. We aim to get a first offshore license for trading regulated securities within 3-4 months after the TGE and get liquidity on this market before the end of 2019. This is what we believe is the most viable approach to create demand for our new TM2 token. We believe that the move to Binance Chain will be great for the future of the Traxia Ecosystem. We thank you again for all your support and we appreciate your commitment to a better future for Traxia with TM2!
Source: https://docs.google.com/document/d/1eXFH3p1CxoMqoQrku208eydJ-8zdGI6mtIXBdr9Vy9E/edit
submitted by tomynr1 to traxia [link] [comments]

01-24 12:23 - 'I'm trying to put together a list of what's coming out this year. Have this very simple list so far. Anyone care to add anything or suggest some better dates?' (self.Bitcoin) by /u/kolinHall removed from /r/Bitcoin within 7433-7443min

'''
Latest News (most recent first)
Bitcoin
Financial
Lightning:
ASIC Miners:
Will update this section when I hear new developments
Wallets:
Hardware wallets:
LN
LN Apps:
LN Extensions / Launchers
LN Desktop wallets:
LN Mobile wallets:
LN Network:
LN Nodes:
LN Plugins:
LN Services:
Liquid Network
Rgulatory:
Exchanges:
Payments:
Please comment if you have any ideas on dates. Many of these dates are placeholders waiting for me to update. If you comment then I will update the post.
'''
I'm trying to put together a list of what's coming out this year. Have this very simple list so far. Anyone care to add anything or suggest some better dates?
Go1dfish undelete link
unreddit undelete link
Author: kolinHall
1: g*thub*com/mi*h**lsd*n*1/rp**light*ing-no*e-a**ible 2: 2019 - Proof-of-Reserves tool for Bitcoin github.com/stevenroose/reserves 3: A*azon.*om 4: github.c*m*mich*e*sd*nn1/r**-ligh*nin*-**d*-a*sible]*^1
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

NodaWallet-this is a universal cryptographic storage application. Protect, manage, and trade your assets! This easy to use multi-crypt wallet can connect and trade through decentralized exchanges (Binance Dex. KyberSwap. MyEtherWallet) where you can easily buy any crypto asset.

NodaWallet-this is a universal cryptographic storage application. Protect, manage, and trade your assets! This easy to use multi-crypt wallet can connect and trade through decentralized exchanges (Binance Dex. KyberSwap. MyEtherWallet) where you can easily buy any crypto asset. submitted by NodaWallet to u/NodaWallet [link] [comments]

FULL List of Decentralized Exchanges (DEX) - Binance Mentioned!

FULL List of Decentralized Exchanges (DEX) - Binance Mentioned! submitted by bordoisse to BinanceExchange [link] [comments]

@binance: RT @CosmostationVD: Excited to reveal our newest update to @mintscanio🎉 Mintscan for @Binance_DEX. User-friendly block explorer for you to navigate $BNB & $BEP-2 token transactions on @Binance Chain decentralized exchange. https://t.co/vvJtcv2iFl https://t.co/mJGmjk28Bm

@binance: RT @CosmostationVD: Excited to reveal our newest update to @mintscanio🎉 Mintscan for @Binance_DEX. User-friendly block explorer for you to navigate $BNB & $BEP-2 token transactions on @Binance Chain decentralized exchange. https://t.co/vvJtcv2iFl https://t.co/mJGmjk28Bm submitted by rulesforrebels to BinanceTrading [link] [comments]

Binance DEX - NEW DECENTRALIZED EXCHANGE How to trade AWC on Binance DEX *SNEAK PREVIEW* Binance Chain / DEX - YouTube Binance DEX + Nash (Neon Exchange) Launched Binance DEX - Decentralised Exchange Preview (Preview 2 ...

Binance DEX is a decentralized exchange created by the Binance team. It opened its doors in February 2020 and is run on top of Binance Chain - a blockchain created by Binance. Binance Chain has 1 second block times which offers near-instant transaction finality. The exchange also has a wide variety of cryptocurrencies to trade between. A non-custodial version of Binance exchange Binance released its decentralized exchange called Binance DEX in February 2019. It is another excellent addition to Binance who are always expanding their crypto exchange services.. It is a decentralized order machine engine powered by the core Binance Chain technology. Customer Support –As a decentralized exchange, Binance DEX is available traders in a wide range of countries, and the team provide a high level of support compared to other competing DEXs. Binance's official crypto wallet. Categories. ... Decentralized Exchange (DEX) Share. Copied to clipboard! An exchange which does not require users to deposit funds to start trading and does not hold the funds for the user. Instead, users trade directly from their own wallets. Related. Binance caused intrigue in many when it originally announced its latest initiative: a fully-operational decentralized exchange (DEX). The community was more than surprised, as words “Binance” and “decentralization” had as much to do with each other as “banking” and “blockchain”. Still, the upcoming community-focused exchange is very much a reality so we’ll be taking a […]

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Binance DEX - NEW DECENTRALIZED EXCHANGE

Welcome to the world's largest decentralized exchange for EOS! - This video is a review & tutorial covering everything Newdex! ... Binance Exchange - (5% BACK): ... This DEX Blows Binance Away ... Binance CEO, CZ, shares a sneak peak of the current progress of Binance Chain and Binance's future Decentralized Exchange. https://www.binance.com/ AWC is listed on Binance DEX, the new decentralized exchange! Atomic is a decentralized wallet, that is quite easy to use and doesn’t require specific tech skills. Your backup phrase randomly ... J’espère que cette vidéo répond à vos questions sur ce nouveau DEX de Binance et qu'elle couvre bien cette actualité ! Si vous en avez d’autres : vous pouvez laisser un commentaire. J’y ... The 2 most anticipated decentralized exchanges just launched: Binance DEX and Nash (Neon Exchange). The industry of DEXes is pretty much saturated already, but these 2 probably have the highest ...

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