Hot New Binance DEX Launched – Explained & Review – BNB Cryptocurrency Exchange

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Binance DEX launches their testnet – check out my quick overview of Binance chain and review of the DEX.
Check it out here https://testnet.binance.org

Disclosure: This is an unpaid review for a project that was deemed worthy of research time, recording and posting for educational purposes. Furthermore, I hold BNB

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Hot New Binance DEX Launched – Explained & Review – BNB Cryptocurrency Exchange

41 comments

  1. Do you really think BINANCE is honest enough to list or delist tokens? Truth will prevail at last and later or sooner I think people will recognise BINANCE is a big deceiver

  2. Binance shamelessly stole Blocknet’s DEX protocols left, right and center. Why are you shilling for thieves, Lark?

  3. Excited for NASH as well, been a fan of Kyber for a while, and Binance is my go to Centralized exchange so excited to see this in action on the mainnet

  4. Essence of DEX is about against manipulation on centralized exchanges.
    Everyone should use DEX if we want a real market situation. This is a step in the right direction.

  5. Good morning Lark. I too just got outta the shower haha

    You seem to like Binance…. any comment on the “crypto chico” videos about binance?

  6. Once Cosmos is connected to the Interledger Protocol for interoperability, we will have lift off for this DEX.

  7. Binance in it’s essence is a centralised company and it will stay this way. It also did a lot of nasty abusive stuff to get rich fast. Nash will not only be technically and physically way more decentralised (holding yourself all the nodes like binance “dex” is doing is pseudo – decentralised) but also use the dividends model which goes along with the financial principles behind decentralisation in its core.

  8. You are in control of your funds? Funds that do not have any meaning outside of the exchange….. Funds that you will have to exchange for actual coins on Binance…. hoping that they will actually have those? What a load of cr@p!

  9. Manipulation is just question of money and fake news, not question of tools or exchanges. However, it can be good against wash trading and fake volume

  10. So this will be a DEX that trades “backed” tokens that require you to trust Binance to back those tokens with actual coins…. Kinda not seeing the decentralization in this setup. Now if these tokens were backed using a smart contract like DAI on ETH then you are trusting the free market and the network with backing the tokens, but to allow binance to be only source of trust feels like a standard DEX. Also you are not in control of your funds, you are in control of your “backed” tokens, if binances is hacked then the actual coins that are suppose to be backing your “backed tokens” might be gone.

  11. Thanks Lark!
    Nice to see some further movement towards ‘decentralization’, but ultimately most exchanges facilitate price speculation and wealth transfer and don’t really create a huge amount of value in the space. (the past year has seen a huge wealth transfer from the many to the few as is usually the case with ‘trading’)
    It would be good to see ‘exchanges’ like the stellar marketplace being used for an application like ebay or amazon, or a freelancers website (like Ethlance) where true value is created and exchanged; but hopefully the binance dex is a step toward that possibility!

  12. Binance is shady, Lark. Have a look at Blocknet leak video where it shows that their means of obtaining knowledge is shady.

  13. I concur. The crypto to get is not bc or monero or xrp or etc. The Binance exchange is killer and the BNB reflects that.

  14. +The Catmother lol the youtuber was not hardly anonymous, and he showed quite a lot of evidence.. SEC hasn’t even approved a single bitcoin ETF, so I have little confidence they will do anything. Saying a centralized crypto exchange is ethical has come back to bite us mutliple time. Like Lark says, question everything.. clearly some won’t question binance here.

  15. +The Catmother I don’t know to whom you’re addressing your point, but the Binance accusers, Tyler Swope and Blocknet, are hardly anonymous. Binance is beyond the jurisdiction of SEC so rather dumb to say ‘call SEC’. You do know Binance was kicked out of Japan for dodgy practices?

  16. +neogeojr we use shady banks out of necessity. Cryptos are the 1st good alternative to the shady banks. Since when did doing shady business become ok? Thats the whole point of decwntralization. Also not sure what exactly do you mean by “grow up” lol

  17. Can you cover how Binance and NEO’s Erik Zhang actually stole the code from Blocknet to develop Binance’s DEX?

  18. +Dudie DudeA DEX??? 7 operational Nodes all controlled by Binance…. REALLY??? KEEP SMOKING TIDE PODS….

  19. +Vikrant S granting an ETF is probably a bit different than a fraud accusation against an exchange. neither the less they are two seperate fields you are basically saying you lost faith in apples therefore you dont consume oranges. If you have any fraudulent proof provide it to SEC and watch the gates of hell open. If not stfu because it’s just another conspiracy theory.

  20. Keen for NASH also! I’m pretty impressed with HALO DEX as well they will be competitive in the dexverse, very fast!

  21. Crypto Lark, you must do a review on Apollo Currency APL all in one currency. We have got so much more then all these other Alts and ico. DEX almost done and going to be in the wallet. SHARDING almost done. 2secblocks. No hard fork. ever. Decentralized bank. Decentralized market place. 171000 locations to buy cash. I know you do good research and when you see what we got and its real you will do a good review for us.

  22. +JohnJacobJingleHimer Schmit tied pods? I like the sound of that.. I never said anything bout anyone being centralised or decentralised… But hey wecome.

  23. Can you steal open source software? I thought that was the point, even blocknet said that they said nothing to Binance that was not publicly available.

  24. Crypto Lark!! Please do a review on Apollo, it is an all in one currency with Groundbreaking technology and is leaps and bounds ahead of all the other cryptos out there.

  25. Not a fan of the pegged tokens, I suspect that it will not become super popular until they roll out interchain operability

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