Curious about binance DEX

[Phoenix_PROG]

Hi, I will like to know if listing on binance DEX is free? If uniswap DEX listing is free why not binance DEX? And again isn't binance DEX a d good option for projects that can't afford the CEX? Or is listing fee same price thank you?

[Squezzi55]

Those tokens that listed on binance DEX for free earned it through voting, binance DEX is not free unlike uniswap where anybody can list their token either legit or fake, to list on binance DEX you still have to drop a proposal and the team will still have to decide whether to allow such token on their platform or not and I don't blame binance for that

[Inkdull]

Binance is a big exchange, if they allow any tokens to list in their DEX it will affects their reputation because I'm sure that Scammers will start listing their junk tokens on the platform, just because it's a DEX doesn't mean that the door is always open to any tokens

[bluebit25]

Hi, I will like to know if listing on binance DEX is free? If uniswap DEX listing is free why not binance DEX? And again isn't binance DEX a d good option for projects that can't afford the CEX? Or is listing fee same price thank you?

Listing on binance DEX is not free, when i was told that the project had to be proposed and waited for confirmation, it was basically not as simple and easy as it was on uniswap and i thought that binance came out. Adding DEX eyes just helps it further perfect the binance ecosystem

[Kunnu]

Binance is a big exchange, if they allow any tokens to list in their DEX it will affects their reputation because I'm sure that Scammers will start listing their junk tokens on the platform, just because it's a DEX doesn't mean that the door is always open to any tokens

You point of view is correct, if Binance allows all projects to list their tokens on Binance dex for free of cost it's mean they're opening doors for scammers to ruin the clean environment of their dex which may cause for Binance to loose the reputation and trust which the exchanged has earned between crypto community from the last couple of years.

[Twinkledoe]

Binance is a big exchange, if they allow any tokens to list in their DEX it will affects their reputation because I'm sure that Scammers will start listing their junk tokens on the platform, just because it's a DEX doesn't mean that the door is always open to any tokens

You point of view is correct, if Binance allows all projects to list their tokens on Binance dex for free of cost it's mean they're opening doors for scammers to ruin the clean environment of their dex which may cause for Binance to loose the reputation and trust which the exchanged has earned between crypto community from the last couple of years.

I think that's good move on their part, even if it is Dex, the project still needs to pass thru their requirements. It is better to have a DEX with valuable tokens rather than full of crap tokens. They will just waste their resources listing all those worthless tokens. Though I haven't used their DEX yet, but I believe they have good list of tokens there as compared to other DEXs.

[New_order]

Binance is a big exchange, if they allow any tokens to list in their DEX it will affects their reputation because I'm sure that Scammers will start listing their junk tokens on the platform, just because it's a DEX doesn't mean that the door is always open to any tokens

You point of view is correct, if Binance allows all projects to list their tokens on Binance dex for free of cost it's mean they're opening doors for scammers to ruin the clean environment of their dex which may cause for Binance to loose the reputation and trust which the exchanged has earned between crypto community from the last couple of years.

I think that's good move on their part, even if it is Dex, the project still needs to pass thru their requirements. It is better to have a DEX with valuable tokens rather than full of crap tokens. They will just waste their resources listing all those worthless tokens. Though I haven't used their DEX yet, but I believe they have good list of tokens there as compared to other DEXs.

You are right, that's why you won't find too many new tokens getting listed on binance DEX, sometimes freedom is a destroyer, the freedom of listing on Uniswap is why scammers are cloning tokens on the platform, binance team are smart 👍

[cabron]

Its not worth listing there. There is not much volume to that DEX and you as part of the team will just make it hard for your users to move from BEP20 to ERC20.  Just pay to list your coin on some exchange or just do it on Uniswap thereby allowing your users to earn from its liquidity pool as well. By the time your users see there are no trades to your token, it could mean you team has to do better.

[joseyphil82]

Its not worth listing there. There is not much volume to that DEX and you as part of the team will just make it hard for your users to move from BEP20 to ERC20.  Just pay to list your coin on some exchange or just do it on Uniswap thereby allowing your users to earn from its liquidity pool as well. By the time your users see there are no trades to your token, it could mean you team has to do better.

Are you saying that binance DEX is a low quality exchange compare to UNISWAP? What lack of volume you talking about anyway? The whole verified coins and tokens on this DEX is just 89 and majority of them are listed on binance CEX itself so many people and traders choose to use the CEX instead

[joseyphil82]

Its not worth listing there. There is not much volume to that DEX and you as part of the team will just make it hard for your users to move from BEP20 to ERC20.  Just pay to list your coin on some exchange or just do it on Uniswap thereby allowing your users to earn from its liquidity pool as well. By the time your users see there are no trades to your token, it could mean you team has to do better.

People have no choice but to trade on Uniswap if the token isn't listed on any top exchanges, many people prefer CEX over DEX for one good reason, trading, you can only buy and swap on DEX, majority of tokens listed on UNISWAP is available on Uniswap only or with few low rated exchanges

[fvb]

Hi, I will like to know if listing on binance DEX is free? If uniswap DEX listing is free why not binance DEX? And again isn't binance DEX a d good option for projects that can't afford the CEX? Or is listing fee same price thank you?

Binance Dex is a great exchange.  Compared to Uniswap where fake tokens can be placed.  Binance has proven itself on the good side for a long time and I think the answer suggests itself.  And all the pluses towards Binance.

[TastyChillySauce00]

Hi, I will like to know if listing on binance DEX is free? If uniswap DEX listing is free why not binance DEX? And again isn't binance DEX a d good option for projects that can't afford the CEX? Or is listing fee same price thank you?

It's wrong. When you wanna listed your coin on the binance dex and it needs 1k BNB as the fees

You must read it here https://community.binance.org/t/guidelines-on-how-to-list-your-token-on-binance-dex/1596

That link will give you a complete guide about how to be listed on binance dex and what's the requirements to be listed on binance dex too.
Binance dex is not the truly decentralized exchange site. It's still a centralized exchange site.

[Davian144]

Hi, I will like to know if listing on binance DEX is free? If uniswap DEX listing is free why not binance DEX? And again isn't binance DEX a d good option for projects that can't afford the CEX? Or is listing fee same price thank you?

For just creating a Binance DEX account it's free, but if I don't know to register tokens on Binance DEX because I've never done it myself, maybe people who have done it can tell you here and if it's not quite right, you can also ask directly to Binance.

[Akiko]

Hi, I will like to know if listing on binance DEX is free? If uniswap DEX listing is free why not binance DEX? And again isn't binance DEX a d good option for projects that can't afford the CEX? Or is listing fee same price thank you?

The exchange built for profit so I don't think you can easily list your token there .they have reputation to protect so there is no scammer allowed to enter that exchange  .so to do that they need to verify every tokens before they list it , if they don't do that they are the same as other Dec around there that also use by different scammers. I can't say its pure decentralized  exchange the only good thing about their DEX is you are infull control of your funds .

[cabron]

Its not worth listing there. There is not much volume to that DEX and you as part of the team will just make it hard for your users to move from BEP20 to ERC20.  Just pay to list your coin on some exchange or just do it on Uniswap thereby allowing your users to earn from its liquidity pool as well. By the time your users see there are no trades to your token, it could mean you team has to do better.

People have no choice but to trade on Uniswap if the token isn't listed on any top exchanges, many people prefer CEX over DEX for one good reason, trading, you can only buy and swap on DEX, majority of tokens listed on UNISWAP is available on Uniswap only or with few low rated exchanges

Same with binance dex, when people find your coins listed nowhere else but on binance dex, they will go there and swap their tokens to BEP just to dump.
Nothing is spent when listing on binance dex but just voting. You'll gonna see that its a lot easy to trade on uniswap than on binance dex. And yes Uniswap is a lot better than binance dex.

[IkonaDro4ku]

Binance very large cryptocurrency exchange therefore, they cannot be given the opportunity to scroll through everything. DEX how should do it but their reputation may suffer from this and they value it. Because the system that they now have seems to me to be optimal.

[ningrum]

Hi, I will like to know if listing on binance DEX is free? If uniswap DEX listing is free why not binance DEX? And again isn't binance DEX a d good option for projects that can't afford the CEX? Or is listing fee same price thank you?

at Uniswap I don't think it's free, because not all ICO tokens are on Uniswap after it ends, let alone Binance Dex,
Binance DEX is not free and very complicated, because erc-20 tokens have to migrate to Binance, after that they can only be traded .

[jessyj48]

Hi, I will like to know if listing on binance DEX is free? If uniswap DEX listing is free why not binance DEX? And again isn't binance DEX a d good option for projects that can't afford the CEX? Or is listing fee same price thank you?

at Uniswap I don't think it's free, because not all ICO tokens are on Uniswap after it ends, let alone Binance Dex,
Binance DEX is not free and very complicated, because erc-20 tokens have to migrate to Binance, after that they can only be traded .

Uniswap listing is 100% free, that's why many cloned tokens are trading on the exchange, anybody can list their tokens on uniswap, the freedom of free listing is what makes uniswap reputation shrinks down and also high transaction fee, I don't think that binance DEX fee is that high

[CryptoTech_]

Hi, I will like to know if listing on binance DEX is free? If uniswap DEX listing is free why not binance DEX? And again isn't binance DEX a d good option for projects that can't afford the CEX? Or is listing fee same price thank you?

Binance DEX is not the same as Uniswap, if you want to be listed there a project must first submit a proposal for approval. I think it's more like a centralized exchange, only with different names.

[zasad@]

The main difference between Binance DEX and Uniswap is that Binance DEX runs on its own blockchain called Binance Chain. Binance Chain's transaction speed is much higher (about 15 times),
but personally I trust UnisWap more.
There are sometimes large commissions on uniswap and you need to pay more commissions to create your own liquidity pool, but this is a good price for decentralization