The interesting part is that on DEX we are trading not BTC, but BTC-B - token of Binance Chain that is equivalent of BTC. You will still need to have an account on Binance Centralized Exchange to withdraw BTC from DEX.

That is right. The worlkflow where you can launch an ICO, collect funds and then get listed at least on DEX within one ecosystem can become a game changer.

That is right. We will see what will happen next.

The rumors say listing on DEX will be $100.000. Take into account that you will be trading tokens on Binance exchange which are equivalent of tokens or coins and not the coins. So it will be BTC-B and not BTC.

The fact that half of Binance Chain nodes will belong to Binance proves that DEX is not quite decentralized. But we will see how that thing will go. Gaining popularity will make some people parse into database the chain records and if something changes shit will float above water anyway. That is some kind of overvwatch. Lets see what the chain will look like.

Looks like Binance can push another wave of ICO/STO/Other crowdfunding using cryptocurrency if their launch pad will start working the way they plan it.

The only question is why the trading volume is that low?
https://coinmarketcap.com/exchanges/bisq/

Right. Look at SEC applying fine to the founder of etherdelta. That example showed that everybody is under the gun.

I think that DEX is useful for more qualified people rather than mass adoption. Remembering way back the flipping activity and also trading for groups that like to stay unknown.
Due to the lack of interface and UI it is not helping mass adoption. Binance DEX is better than what we saw before: loads quicker, interface a bit nicer. But lets be honest which exchange has more users: centralized or decentralized? And the reason is mostly in user friendlyness (in terms of UX and UI) and ability to have orders of varius size being matched. May be Binance will somehow cross match with orders from centralized exchange and that will do it. We will see.

Do you really think that DEX will help mass adoption? Or what do you mean by that message?

Yes. DEX means Decentralized Exchange.



It looks like Binance has huge plans on remaking the overall tokenization landscape. Alone with DEX they have launchpad where ICOs will take place using BNB (Binance Token). So you make an ICO with greater chance to be listed on Binance Exchange. If not listed on Centralized Exchange you get listed on Binance DEX. The difference in listing pricing (rumors):
Listing on Binance Exchange - $4-5 millions
Listing on Binance DEX $100 K

Lets see where it will lead us.

There are a lot of discussion of new DEX from Binance being released soon on its own blockchain with BNB tokens. Lets clearify a few things so nobody inside our community will have misunderstanding about what is taking place.

Nowadays founders of centralized cryptocurrency exchanges try to transfer them to decentralized one as CEX fall under various regulations. However, to make such transformation in the way that decentralized exchanges work properly and quickly and have the liquidity is almost impossible. Either something like DEX is done, or DEX is done which works slowly. There is no possibility for the moment to make a secure blockchain with 1 billion transactions.

Everyone is aware of DEX from Binance. Binance took an existing solution on the Tendermint, changed it a bit and made its own blockchain. Such blockchain will consist of 11 nodes that will work on the principle of proof-of-stake, i.e. those who will have more binance tokens will make decisions. Half of the nodes will belong to the Binance. It turns out that there are only 11 transaction confirmation centers so it is very hard to name such platform as decentralized one. For example, EOS also has only 21 nodes, which provide the governance on the blockchain, but these 21 nodes are those which have been already selected and another 200-300 nodes are in the queue for the moment.

Governance at DEX decides which projects to list or not to list. A listing at Binance DEX will cost $ 100,000 in binance tokens. Blocks will appear every second, that is, transactions will be so fast that they will be able to fit the entire volume of transactions that are at Binance CEX now. But the truth is that they will fit the deals of those users who trade with each other and who place limit orders, but there are 10-15% of such deals at the exchange. The rest of the volume, which is inflated by market makers, will not be there. In the first days of the Binance DEX operation, it will be clear what real volume is. The founder CZ says that they want to list all the tokens, but they do not have enough technical power to do this. On the other hand, he claims that Binance DEX can turn around the 10 times volume. There are a number of nuances. Firstly, it is a fear to list new tokens. Secondly, few people are now ready to pay 3-5 million dollars to be listed at the Binance DEX.

One more thing is that you do not trade tokens at Binance DEX, but trade b-tokens, at the rate of 1 b token to 1 real token. In order to exchange your b-tokens for regular tokens, you need to come to CEX in any way. This is all done in order to increase the rate of bnb.


There are two different technologies that are necessary to distinguish. They are Binance DEX technology as a cryptocurrency exchange and marketing company in order to make a pump of binance token. The founder of Binance says that there are a huge number of projects that are ready to do ICO with the help of a launchpad on the Binance blockchain and they will be given a priority. And now all start-ups will seek the opportunity to be placed there, but before they come there in addition to the BitTorent Binance DEX need to place Netscape Navigator, Qip, WinRAR, Skype, as there are a large number of companies that are dying without a token. (smile goes here) So, they can be tokenized and brought back to life by placing them in the blockchain of Binance.

A kind of ecosystem is being developed in which the token of Binance is used. The more binance tokens are kept in the stack, in the node that verifies the transaction, are used as a bitcoin substitute tokens, which are traded at the IDEX and as an investment in ICO the bigger reduction in circulation and reduction in supply are caused. And when some projects need to buy bnb tokens and pay 100,000 dollars for the listing at Binance DEX, they will come to the market, but no one will sell bnb tokens to them. Such cases will cause an increase in prices of bnb tokens. So the truth is that CZ has created a good market condition for increasing of the bnb token price, but the Binance DEX is not decentralized cryptocurrency exchange as it is. But as the mass do not use DEXes, Binance gave us a hybrid of a private blockchain in order to trade and make an imitation of DEX.

One more interesting fact is that Binance declares that you can immediately trade from your hard wallet at DEX. You connect it in 2fa, synchronized it in blockchain and your keys remain with you and the exchange cannot do anything with them. However, the keys are stored in the private blockchain of Binance. But the truth is that it is an enterprise blockchain solution in order to pump bnb token.

The more transaction in the blockchain, the less security. There will be a lot of transactions in the Binance DEX and thus the question arises if there is any problem with the Binance services, whether the Binance will be held the responsibility. Perhaps this is the first step of decentralization. But for now, this is a very successful, very good, excellent marketing campaign, which pretends to be not what it is.

Most of the english chats can be devided into three major groups:
1. Project Chats
2. Chats that throw sh*t on projects plate
3. General promotion chats.

The last group that is not part of those three are private chats within communities that are analyzing project for a year/1.5 years. If you are not part of them than I guess there is almost no way getting there right now.

I think it depends on language. What language do you prefer?

There are quite few question about the game itself:

What will the game play include?
How will be the fight process implemented?
Will there be a reward for fights only during tournaments?
Will the player community be able to choose tournament organizers to select those worth trusting?
How will the tokens be distributed?
Will the game be on chain or offchain?
What types of items or creatures there will be?
Will you guys allow items from other games to be used inside your game?
How will the experience grow and affect stats or fight process?
What will it take for you to make the initial prototype?
What do you need to understand that you need to start development of this project?

I might get more questions but this is enough to start with. Thanks.

Investing into your own education is the best choice at this stage of the market because it may still go down. There was an interesting article about crypto winter that we are potentially in. Let`s hope it is not that bad.

If we will get into a fiancial crysis then crypto will be a preferable storage of value. But the resutls of crysis could be various as far as we undrestand that it might have huge effect on local economies and currencies.

Some people receive tokens for bounty program.
Some get discounts on early stage of token sale.
Some want to leave the project asap because of market situation, token price fall for any reason to save at least some money invested.

There are quite few motivations:
1) Get quick profits.
2) Use it value storage to save some money for the future.
3) Get connected to the technology and be up to speed.
4) Get funds for an idea.
5) Understand financing as a new knowledge area.
6) Join early market to become a professional in the future.

Are there any services connected to ICO reviews or ICO Due Diligence where my skills can be exchanged for money?