Binance DEX
Binance Chain is a blockchain software system developed by Binance and its community. Binance DEX refers to the decentralized exchange features developed on top of Binance Chain. The purpose of the new blockchain and DEX is to create an alternative marketplace for issuing and exchanging digital assets in a decentralized manner. Users are able to: Send and receive BNB Issue new tokens to digitalize assets, and use Binance Chain as underlying exchange/transfer network for the assets Send, receive, burn/mint and freeze/unfreeze tokens Propose to create trading pairs between two different tokens Send orders to buy or sell assets through trading pairs created on the chain Watch the DEX market to confirm price and market activity of certain assets Telegram | Discord.
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Trading fees are subject to complex logic that may mean that individual trades are not charged exactly by the rates below, but between them instead; this is due to the block-based matching engine in use on the DEX. The current fee for trades, applied on the settled amounts is: 0.1% Pay in non-BNB Asset 0.04% Pay in BNB For more detailed information regarding fees, please visit the following link: https://docs.binance.org/trading-spec.html#current-fees-table-on-mainnet
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