Our tokens and coins are in our hands in our portfolio. We will be shown instructions about safety rules, in particular informing that if we lose, forget or give someone a private key to our wallet, we may lose the funds on it or access to them. If we already have a wallet Binance in the smartphone application or hardware portfolio of the Ledger or Trezor brand, we can go to login. Wanting to trade on Binance DEX we log in with our Binance (BNB) blockchain wallet portfolio, not with login, email and password. Unlike traditional centralized exchanges, like Coinbase, Bitbay or, no account is created on the Binance DEX decentralized exchange! Binance DEX - server selectionīy default, the most appropriate server should be chosen for us, so if there are no problems when using the Binance DEX exchange, we don't have to bother with it. Next to it you will see information about the delay in communication with the server expressed in milliseconds. Servers that work best for us currently will be displayed in green. When we expand this tab, we will see a list of currently available servers, their addresses and current load. The top left corner of the page is displayed the server we use. Binance DEX - how to create an account?īinance DEX located at Binance DEX - home page In this model the exchange only acts as an intermediary connecting the buyer with the seller at a market price they both agree to. The cryptocurrency we purchased goes to us directly from the investor's portfolio, from which we buy it.Ĭryptocurrencies are not stored on the stock exchange account, but on our portfolioto which we have the private key. In the assumption we transfer funds almost directly to the person from whom we buy cryptocurrency. If you want to buy a cryptocurrency from another investor, you use your own portfolio, not a portfolio on the stock exchange account, as in the centralized version. Examples include Binance Jersey, Binance Uganda, Binance Singapore - local editions of the cryptocurrency exchange that allow you to buy bitcoin and altcoins using local fiat currencies such as the British pound, dollar or euro.īinance DEX is Binance Dcentralized EXchange, i.e. Binance it also has other centralized exchanges.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |