Binance is in for another big month with the launch of both the DEX and a fiat-to-crypto exchange in Singapore. Binance CEO Changpeng Zhao made the two announcements during the Deconomy 2019 conference in Seoul.
Read more: These are the 3 coins to watch for April
Binance opened the DEX for public testing in February already, and will launch the mainnet soon, CZ said. “Binance DEX anticipated mainnet launch will happen this month”, the Twitter account of Binance cites the CEO during a talk on the conference. It’s still unclear with which cryptocurrencies the DEX will start, but more announcements are expected throughout the month.
“@Binance_DEX anticipated mainnet launch will happen this month” – @cz_binance #deconomy2019 #Binance
— Binance (@binance) April 4, 2019
Next to that, Binance is about to open its third fiat-to-crypto exchange. After launching the Uganda (for UGX-crypto trading) and Jersey exchange, which allows 58 nationalities to buy Bitcoin and Ethereum with Euro and British Pounds, the exchange will now open up shop in Singapore, enabling users to buy cryptocurrencies with the Singapore Dollar. It’s not yet clear which cryptocurrencies will be listed on that fiat exchange.
“#Binance Singapore will come online in April. It will be our next Fiat to Crypto exchange servicing $SGD ” – @cz_binance #deconomy2019 #Binance
— Binance (@binance) April 4, 2019
On Wednesday, Binance announced that the first steps have been taken to enable staking on the Trust Wallet by integrating Tezos.
Tired of just #hodling but staking looks to complicated? ? Lets change that perception !! #TrustWallet is working on an entirely native solution, that will allow you to stake all your Tokens from one single interface.
What to learn more about #staking? https://t.co/3QH3UACfnN pic.twitter.com/hEROS4prMf
— Trust – Crypto Wallet (@TrustWalletApp) April 3, 2019
Binance Coin, the Binance native token, is currently trading for close to $20. On January 1, BNB was still valued at $6.
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