One of the major cryptocurrency trading platforms – Binance – reportedly launched trials of its decentralized exchange Binance DEX. The platform is now available to the public and supports test tokens.
The company stated in the notice to the users:
"Binance is pleased to announce that both the Binance Chain and the Binance DEX have now entered public testnet phase at https://testnet(dot)binance(dot)org".
According to the released guides, a user needs to create a new wallet via Keystore and password or unlock already opened wallet via the Keystore file, Ledger or private key.
Moreover, everyone can just take a look at the platform without a need to open wallets and make trades. For new users, the company has attached to the notice links to the guides that may assist in starting operations at the exchange.
The test BNB can be received via the link on the website, though it should be mentioned that a user must have at least 1 BNB to restore DEX account.
"When complete, you will receive 200 testnet BNB so that you can interact with the Binance DEX testnet...Note: To obtain Binance Chain testnet funds, you must have a Binance account that has a minimum of 1 BNB in it," the statement reads.
In fact, the DEX exchange is very similar to the main platform Binance. The exchange supports BNB, BTC, ETH and USDT. Notably, the BNB price is rising now hitting new highs against bitcoin. In the notice, the exchange also noted that it would release the start-up date of Binance Chain Mainnet somewhat later.
Along with the test launch of the DEX platform, Binance has lately got in the wrong box after it made undesigned airdrop of BitTorrent. As a result, some users received BTT tokens. As the exchange CEO Changpeng Zhao stated on Twitter, this accident happened during testing for Fetch when "one tester inadvertently clicked an airdrop button for BTT". The platform stated that they were working on this issue.