Binance Decentralized Exchange and Public Blockchain Coming Soon?


In the past few weeks, we have gotten to see another side of Binance…

After getting hacked, they immediately retaliated by reversing the trades and even putting up a bounty to find this thief and any that come up in the future (to a tune of $10 million).

Now CZ and Binance are at it again.

Is A Binance Decentralized Exchange and Public Blockchain Impending?


That’s the simple answer.

In a twitter thread today, CZ put out the news:

This Binance Chain will be the next evolution of growth for Binance.

In their newest release,  they started by documenting the crazy growth that Binance has had in the last six months and the achievements that they have accomplished, namely:

  • Binance Labs (A Binance Blockchain Incubator)
  • Binance Info (their Codex)

And, well, this isn’t enough in the growth trajectory for Binance and CZ.

Here’s what they had to say about Binance Chain:

As a public blockchain, 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 Chain will focus on performance, ease-of-use, and liquidity. Binance Coin (BNB) will be upgraded to exist on its own blockchain mainnet, becoming a native coin. At the same time, Binance will transition from being a company to a community.

Binance is currently one of the only exchanges giving airdrops, ensuring the EOS token swap to mainnet, and even supplying GAS to NEO holders every month.

With all of this, plus their bounty for hackers, Binance is quickly outpacing exchanges like Gemini, Bittrex, and Poloniex.

We look forward to the growth and if you aren’t on Binance make sure to join below:

The GCA Team

Verified on

March 13th 2018, 10:09

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