How much does listing at Binance DEX cost?
Now the cost of issuing an asset is 1000 BNB, and its listing is 2000 BNB. Since each individual user is allowed to register up to 20 addresses in order to receive 200 BNBs in a test network for each of them. One account at the main exchange is enough to accumulate a sufficient number of tokens and perform the indicated actions independently.
To release assets, users should use the Binance Chain command line interface, where they can set parameters such as the name of the token, the amount of emission, the possibility of additional emission, as well as burn and freeze the tokens.
To list the issued asset, the user must enter the appropriate command and specify the cryptocurrency, then make a deposit of the required size and wait for the approval of the proposal by the validators.
Topic: Decentralized vs centralized cryptocurrency exchanges, which one is better? - page 7. (Read 1099 times)
February 26, 2019, 09:39:16 AM
February 25, 2019, 10:27:05 AM
depending on my needs, I personally use CEX more. centralized exchange (CEX) I like more because it has a large trading volume and there are many choices of types of coins that can be traded. but sometimes only using DEX for a number of tokens that I got from bounty campaign, DEX is used because there is no official market for the token.
February 25, 2019, 10:10:56 AM
Will Mt.Gox relaunch?
Everybody is aware of the history of Mt.Gox cryptocurrency exchange. Nowadays Brok Pierce is running a project Gox Rising. The aim of the project is to relaunch the cryptocurrency exchange and to pay damages to the creditors. So the main points of Gox Rising are:
Also, Brok Pierce claims he bought 12% of McCaleb's share, although this is nowhere confirmed.
Such a case can create a positive influence on the future of the crypto world and restore the confidence to cryptocurrency.
But can the project be implemented? What do you think?
Everybody is aware of the history of Mt.Gox cryptocurrency exchange. Nowadays Brok Pierce is running a project Gox Rising. The aim of the project is to relaunch the cryptocurrency exchange and to pay damages to the creditors. So the main points of Gox Rising are:
- Restore brand of the cryptocurrency exchange
- Get domain
- Make all payments and the entire financial structure of the exchange transparent. Pay not at the rate of $ 400 for Bitcoin how it was set by the court but at the rate of the current situation
- If there is no money left, then past creditors will receive income from the future operation of the exchange, and thus debts will be repaid.
Also, Brok Pierce claims he bought 12% of McCaleb's share, although this is nowhere confirmed.
Such a case can create a positive influence on the future of the crypto world and restore the confidence to cryptocurrency.
But can the project be implemented? What do you think?
February 23, 2019, 01:36:46 PM
Its depends on you that what you want in a exchange platform. For me I don't like to give access of my coins to others so I always like to use decentralised one. For me. And security is also a matter for me that's why decentralised is the most best kind of exchange for me. But i also face many kind of problem in centralised exchange the main problem is volume of the coin in most of the cases there is very low volume and its fine to buy for dex for its very hard sometimes to sell in dex. That's why I have to use centralised exchange sometimes.
February 23, 2019, 12:27:47 PM
This is a very difficult question and this depends on what you want to have by an exchange. If it is important for you to have control over your funds, you need to chose decentralised exchanges, but if you need a lot of trading pairs, you should enter Binance or Okex.
February 23, 2019, 09:19:37 AM
If decentralized exchanges had similar functionality and interface as centralized exchanges, then they would not have flaws. But unfortunately, decentralized exchanges are very slow, they have an unfriendly interface and lack of functionality.
February 22, 2019, 10:49:11 AM
Binance DEX is decentralized or not?
Interesting post is here https://bitcointalksearch.org/topic/m.49862651
Interesting post is here https://bitcointalksearch.org/topic/m.49862651
February 21, 2019, 12:47:25 AM
I think the exchangeable exchanges are very promising although there is still no 100% in this definition. It's sad to see that only exchanges with big players add their favorite projects causing many to have prices that are not justifiable by their values. It's a market that is warming up and every month we see more discussions on the subject. Governments already have problems dealing with centralized exchanges, what will happen when there is 100% DEX in your proposal?
February 20, 2019, 11:57:08 PM
For a decentralized currency, the sense is most likely more precisely in such exchanges. Many now even refuse to identify in the projects.
February 20, 2019, 10:08:31 PM
I think centralized cryptocurrency exchange is better than decentralized one because it is more responsive.
But some peoples prefer to using decentralized exchange to remain anonymous because usually in centralized exchange, you will need
to submit your identity data to withdraw some amounts of coins or tokens there.
But some peoples prefer to using decentralized exchange to remain anonymous because usually in centralized exchange, you will need
to submit your identity data to withdraw some amounts of coins or tokens there.
February 20, 2019, 04:33:20 PM
I will go for decentralized exchange because i always love to be anonymous when carrying out transactions especially financial transactions. Apart from being anonymous, decentralized exchange is better than using centralized exchange in terms of security, in the past years, we have seen how centralized exchange has lost a lot of its users money due to failure in good security of the exchange.
I will advise everyone to use decentralized exchange, but if you must use centralized exchange, make sure you send money to external wallet after trade.
I will advise everyone to use decentralized exchange, but if you must use centralized exchange, make sure you send money to external wallet after trade.
February 20, 2019, 01:14:16 PM
Today, for some reason, it is customary to speak positively about decentralized cryptocurrencies. I think that today it is not just that and I’ll probably give more opportunities to this particular cryptocurrency exchange.
February 20, 2019, 01:02:14 AM
For a couple of reasons, CEX is better. Every exchange gets hacked one way or the other one can be phished but CEX offers more liquidity and great UI.
February 18, 2019, 03:17:05 PM
Centralized cryptocurrency exchanges were more popular among the cryptocurrency users. Risk is also high with these exchanges, these exchanges have got the large trading volumes. This easily grabs the attention of crypto people compared to the decentralized exchanges which has got very small trading volume with larger trading pairs and listed tokens.
February 18, 2019, 02:59:14 PM
The security of CEX is very fragile
A hacker ExploitDOT is trying to sell data from users of the leading Bitcoin exchanges (Bittrex, Poloniex, Bitfinex and Binance), which they provided as part of the KYC procedure. It is noteworthy that a pack of hundreds of identity cards costs only $ 10, according to CCN.
As the newspaper notes, ExploitDOT places its offers on the dark-marketplace Dread. Moreover, an independent cybersecurity researcher, who wished to remain anonymous, allegedly managed to get the real data of three users of the Binance exchange, pretending to be a buyer.
ExploitDOT even offers documents in bulk: up to $ 1 per 1000 copies, if the buyer places an order from 25 thousand.
A hacker ExploitDOT is trying to sell data from users of the leading Bitcoin exchanges (Bittrex, Poloniex, Bitfinex and Binance), which they provided as part of the KYC procedure. It is noteworthy that a pack of hundreds of identity cards costs only $ 10, according to CCN.
As the newspaper notes, ExploitDOT places its offers on the dark-marketplace Dread. Moreover, an independent cybersecurity researcher, who wished to remain anonymous, allegedly managed to get the real data of three users of the Binance exchange, pretending to be a buyer.
ExploitDOT even offers documents in bulk: up to $ 1 per 1000 copies, if the buyer places an order from 25 thousand.
February 16, 2019, 02:34:02 PM
We need decentralized platforms with a convenient interface and good liquidity. But this sector is not attractive for big money yet as it is unprofitable for them. They will better create a dozen more projects like TRON or GRIN, parasitizing on the community's natural desire for decentralization and anonymity. If each user realized that he needed to withdraw all the funds from the centralized exchanges and at least half of them did so, then there would not be enough liquidity to withdraw all the cryptocurrency to cold wallets. If you do not trade every day, withdraw your funds from centralized exchanges, otherwise, you will lose them sooner or later.
February 15, 2019, 10:51:57 AM
Its up to you which function you like about an exchange. For me I always like fully decentralised exchange cause in most of the decentralised exchange which don't access my fund. So I use exchange like switcheo idex some other decentralised exchange based in EPs and trim. But the problem with decentralised exchange is the trading volume. They don't have much trading volume in decentralised exchange and a lot of scams on it. For some coin i have to use centralised exchange like binance kicking bitter. That's it. But in centralised exchange the security is doubtable.
February 15, 2019, 06:18:59 AM
Centralized exchange is against cryptography.
it has nothing to do with cryptography to be for it or against it.
centralized exchanges are simply special services that you have the option to use because they offer certain benefits that decentralized exchanges don't.
February 15, 2019, 04:56:53 AM
If we look at the real story of the crypto money, it's one of the biggest features that it has to be decentralized. After bitcoin, centralized or half-decentralized crypto coins also appeared, but this cannot change the actual event.
The same goes for Blockchain. The fact that the book that records a transaction is decentralized can make it safe and reliable.
DEXs should definitely be preferred if we look at the subject from this perspective. But I'm not sure yet the market is ready for it! DEXs should become more preferable. Unfortunately, people are not ready for this. CEXs are preferred because they are more popular.
With the spread of DEX,
1) Market entry exit barriers and controls are eliminated.
2) KYC problems are eliminated.
3) Transparency increases.
4) The coins with the trade of blockchain and crypto money can reach their real value.
5) Manipulation and speculation is reduced.
6) ... I think we can increase this too much ...
NOTE: In some non-virtuous subjects, use may also increase. It may not be an obstacle for malicious use.
The same goes for Blockchain. The fact that the book that records a transaction is decentralized can make it safe and reliable.
DEXs should definitely be preferred if we look at the subject from this perspective. But I'm not sure yet the market is ready for it! DEXs should become more preferable. Unfortunately, people are not ready for this. CEXs are preferred because they are more popular.
With the spread of DEX,
1) Market entry exit barriers and controls are eliminated.
2) KYC problems are eliminated.
3) Transparency increases.
4) The coins with the trade of blockchain and crypto money can reach their real value.
5) Manipulation and speculation is reduced.
6) ... I think we can increase this too much ...
NOTE: In some non-virtuous subjects, use may also increase. It may not be an obstacle for malicious use.
February 15, 2019, 04:39:48 AM
Security and privacy, 2 major benefit of decentralized exchange. In DEX, the process of transaction is peer to peer. Means between 2 parties and funds remain in escrow till the end of deal and both parties get fund after the closing of deal.
Your wallet is not yours unless you secure the private key. DEX is getting popularity. Centralized exchange is against cryptography.
Your wallet is not yours unless you secure the private key. DEX is getting popularity. Centralized exchange is against cryptography.
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