Binance Confirms Launch Date of Decentralized Exchange Testnet

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Global cryptocurrency exchange Binance will launch the test network of its much anticipated decentralized exchange on February 20, revealed the exchange’s CEO Changpeng Zhao on Twitter.

Last week in an ask-me-anything session on Twitter, Zhao revealed that the firm has already given access to the platform to a few “selected partners” including wallet developers and blockchain explorers to ensure better integration of third-party services.

He also detailed that the platform will have a listing fee of $100,000 to eliminate “spam or scam projects.”

Last month, Binance opened a subsidiary in Jersey to offer fiat-to-crypto trading options to its European clients. The platform also partnered with Simplex to start accepting credit card payments for the purchase of Bitcoin, Ethereum, and Litecoin.

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