Is binance dex a truly decentralized exchange?

[cvasy]

I think binance dex is a decentralized exchange like etherdelta, forkdelta, etc. Maybe the reason they give a price on their exchange is because as the development costs or their existence are already very good in the eyes of traders, bianance provides prices like the usual central exchange.

[alexsandria]

When I heard binance dex, my thought was that it will like exchanges such as etherdelta, forkdelta, tokenjar and Index but recently I got to know that once the binance validator approves application, the applicant still have to pay whooping $48k to list on the dex. The question here is that, is binance dex really a decentralized exchange?

Being decentralized do really need some standards and procedures, but I do not think that  payment to be listed is really something that we need to consider in order to say that it is a decentralize exchange. What we need to figure out is that, if your private keys are encrypted to this exchange, in order to say that they really are a good and proven dex exchange.

[kanmo]

Sincerely I don't see any feature of decentralized exchange in the binance dex. The listing procedure itself makes the exchange look like a centralized one because to my knowledge, decentralized exchanges don't charge fees to get listed on the exchange but in the case of binance dex, 2000 BNB token is their listing fee.