Cybersecurity

Binance Decentralized Exchange to List Almost Any Coin, CEO Says

  • Crypto platform expects to introduce network this year
  • Zhao says exchange offers freedom, but also chance of scams

Bitcoin: What’s Coming in the Year Ahead

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Binance is planning to launch a decentralized exchange in the coming months and almost everyone is invited, founder and Chief Executive Officer Changpeng Zhao said.

The Binance team will either have no say or a loose grasp on the coins that list on the network, steering away from the current model of tight control on the digital assets that are traded on its exchange, Zhao said in an interview. Conditions to list on the centralized exchange, which will coexist with the decentralized platform, will remain the same.