Binance DEX will now be available on the Trezor wallet, opening a new doorway for trading crypto assets. This also expands the presence of Binance as a hub for all crypto-related services.
Crypto Users Control Their Private Keys
Trezor offers both an agile access to multiple crypto assets, and a hub to control the hardware wallet. This combines a secure approach to cold storage, which keeps the private key offline while letting users quickly access their stored coins.
— CZ Binance (@cz_binance) November 8, 2019
Binance DEX is one of the fastest-growing decentralized exchanges, adding to the influence of the brand. The DEX is global and permissionless and relies on Binance Chain for its operations. Binance DEX also has its native stablecoins, based on the British pound and the US dollar.
It has already registered volumes above $1.24 million, becoming one of the largest decentralized marketplaces. By partnering with Trezor, the assets remain fully controlled by the user until the final transfer of funds.
The addition of Binance DEX would also be a boost to BNB, the native asset of the exchange….
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Author: Christine Vasileva