Cryptocurrencies

EXCLUSIVE: Binance DEX will go live ‘as soon as possible’

The founder of Binance’s Trust Wallet, Viktor Radchenko, has confirmed that the highly-anticipated Binance DEX will launch in the next “one or two months”.

Speaking in an exclusive interview with Coin Rivet, Radchenko revealed that Binance’s DEX is just “the turn of a switch” away from being launched to the masses.

The DEX and chain testnet went live in February, with Binance CEO Changpeng Zhao confirming that the platform could facilitate the same level of volume as the company’s centralised exchange.

“I think our plan is to launch as soon as possible, so hopefully a month or two away,” Radchenko told Coin Rivet.

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.”

Trust Wallet currently offers support for a wide range of cryptocurrencies having recently added XRP in addition to Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and more.

The company also announced last week that it had enabled credit card deposits on its mobile app and wallet, offering another vital fiat gateway to the cryptocurrency space.

“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,” said Radchenko.

For more exclusives in regards to Trust Wallet and Binance, stay tuned to Coin Rivet’s YouTube channel this week.

Oliver Knight

Londoner ‘Ollie’ graduated from Birmingham City University with a journalism degree in 2016. He combines his writing with his love of crypto and blockchain here at Coin Rivet, saying “It disrupts well-established institutions (banks) while giving an avenue to the less fortunate to achieve financial freedom.” Like all true Londoners, his pet hate is… “People standing on the left-hand side of the escalators on the Tube!”.

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