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Binance DEX: “One or Two Months Away”, says Radchenko

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Binance DEX Launch

Viktor Radchenko, the founder of Binance’s Trust Wallet, has said in an interview with Coin Rivet, that the upcoming Binance DEX will launch in “one or two months”.

The new decentralzed exchange that Binance has promised is a big move and possibly marks a change in approach for the company. Radchenko told Coin Rivet:

“I think our plan is to launch as soon as possible, so hopefully a month or two away,” He added: “I think the faster the better. We already have integration on the mobile side. We are just waiting for stability, and once that’s done we’re going to launch it. We just need to turn the switch on.”

Both DEX and chain had testnets last month with Binance CEO Changpeng Zhao claiming that the platform could take on the same level of volume as the company’s centralised exchange.

Binance also announced they have allowed credit card deposits on its mobile app and wallet, offering another vital fiat gateway to the cryptocurrency space. Radchenko said:

“Adding credit card payments is one piece to furthering cryptocurrency adoption and realising our larger vision in helping to bring the freedom of money, and we will continue to integrate more blockchains and features to Trust. Our recent open-sourcing of Trust Wallet Core also makes it easy for developers to integrate new blockchains, and we encourage everyone to check out the library.”

This week Asia Crypto Today reported on the thoughts of podcasters, Tushar Jain and Kyle Samani, managing partners of Austin-based crypto hedge fund Multicoin Capital, who claimed Binance may be the first decentralized business. The launch of DEX may start that process in motion.

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