Binance CEO Reveals Testnet Release Date for Decentralized Exchange
Binance DEX will launch a public testnet on Feb. 20, with users invited to submit feedback.
Binance DEX, plans for which first emerged last year, aims to provide a decentralized basis for cryptocurrency holders to trade tokens, removing liability and security hurdles associated with traditional, centralized platforms.
The testnet release will be public, with Zhao requesting feedback from users in the same tweet today.
The date follows previous announcements with more details about Binance DEX, which will include support for cryptocurrency hardware wallets. This feature, Zhao said earlier this month, will allow users to trade while retaining control of their private keys.
At the time DEX was announced, Zhao added that he anticipated it running either in tandem with the original Binance platform or even replacing it altogether, depending on market reactions.
Binance additionally plans to expand into at least two new markets in 2019, a company spokesperson confirmed in January.