Launch of the Binance DEX testnet

Today saw the eagerly anticipated launch of the Binance DEX testnet. Always willing and eager to give his customers as much of what they ask for as possible, Changpeng Zhao has been busy behind the scenes with his team for a number of months.

The launch of the Binance DEX testnet is a culmination of all the hard work, but is exactly what the packaging states, namely a testnet. Primary purpose of the testnet being to garner as much information and feedback from the customer base as possible.

Launch of the Binance DEX testnet- The initial feedback

A public launch of a testnet is a bold action on the part of Binance, many would have employed an army of qualified (by certification) testers to carryout this work. Preferring this avenue shows a proactive approach by “laying their balls on the line” to have real users run tests instead those that might never have a traded a cryptocurrency in their life.

It is safe to say that many of the projects we see in the blockchain world are rushed to launch without appropriate testing, possibly due to over eagerness on the part of the teams, maybe due to lack of finance, sometimes due to the shady nature of those behind the project.

Sadly however, the Twitter trolls have been quick to attack Binance with a wide range of comments ranging from “This is not a DEX” to “The mobile version sucks”. As usual the trolls miss the point entirely (remember, testnet) or maybe they just love to hate and desperate for follows and likes.

Fortunately the trolls seem to have been outnumbered by those with a basic understanding of what the launch of the Binance DEX testnet is aiming to do, and are providing the team at Binance the valuable advice and suggestions they need for further development.

Exciting times in the cryptocurrency world continue and we will be tracking this project with a keen interest.

Announcement of launch of the Binance DEX testnet

Fellow Binancians,

Binance is pleased to announce that both the Binance Chain and the Binance DEX have now entered public testnet phase Binance DEX Testnet .

Binance Chain is a new blockchain developed and released by Binance. Binance DEX is a high performance and user friendly platform built on top of Binance Chain, where users can create, issue and trade digital assets.

Today’s release will also include access to our Web Wallet, the Binance Chain Explorer and other related functions.

The Binance Chain Mainnet launch date will be announced at a later date.

User Guides:

• How to set up a wallet on the Binance DEX
• Accessing Your Wallet
• Interface Guide
• Funding Your Testnet Account
• Binance Chain Explorer Guide

Other Related Links:

Website

Technical Documentation & FAQ

Telegram

Thanks for your support!

Binance Team

2019/02/20

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