Why binance token (BNB) has mooned during the past day? This question we are going to answer!
Cryptocurrency exchange giant Binance announced Tuesday that it will launch its own “tailored blockchain” in an apparent first step toward building a decentralized exchange (DEX).
The Hong Kong-based company which regularly ranks as a top-three cryptocurrency exchange as measured by daily trading volume made the announcement in a blog post, explaining that Binance Chain will “mainly focus on the transfer and trading of blockchain assets, as well as provide new possibilities for the future flow of blockchain assets.”
“Binance was growing too quickly, and too busy to start anything else,” CEO Changpeng Zhao said on Twitter. “So, all we could do is, to just start one more Binance.”
The company said that it made the decision to launch Binance Chain after conducting extensive research into currently-existent DEX frameworks.
Binance token(BNB) price now: 9,75$
coinmarketcap: $965.044.902 USD
Buy cryptocurrencies on no.1 exchange: http://bit.ly/binance_exchange_altcoins
