Finally got a date. Targeting to release Binance Chain testnet (@binance_dex) for public testing on Feb 20th. This is a testnet, your feedback would be most valuable.
— CZ Binance (@cz_binance) February 12, 2019
According to the tweet, the exchange is “targeting” a February 20 release date. The DEX is designed to give users greater freedom, allowing them to send and receive Binance Coin (BNB), issue new tokens built on Binance Chain and invest using community-created trading pairs.
CZ recently revealed in a Periscope video that he is deliberately making the listing fee for new exchange high to reduce the number of spam and scam projects. While the number isn’t set in stone, he anticipates the fee will be around $100,000.
Binance Coin is up nearly 55% in the past month, making it one of the best performing digital assets over the period. The token now holds a $1.31 billion market cap, making it the 10th largest cryptocurrency.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.