Binance Completes Mainnet Swap, Launches DEX for New Binance Coin (BNB)

23 Apr 2019

Binance Completes Mainnet Swap, Launches DEX for New Binance Coin (BNB)

Just days after the Binance Chain genesis block launch, the leading Malta-based exchange swapped out its holdings of the old ERC-20 tokens. With this, Binance Coin (BNB) “graduated” from the Ethereum network. Changpeng Zhao, the CEO of Binance, underlined the fact that Binance Chain was using the more energy-efficient proof-of-stake protocol.

Immediately, Binance also launched the long-awaited Binance DEX.

https://twitter.com/binance/status/1120610471650816001

While Binance will support deposits and withdrawals, the DEX will allow for direct trading through wallets su...

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