Binance Officially Announces Binance Alpha 2.0, Aiming to Bridge the CEX-DEX Trading Gap

Blockbeats

03-18

BlockBeats News, March 18th, according to an official announcement, Binance has announced Binance Alpha 2.0. The announcement states that Binance Alpha 2.0 expands Binance Alpha by directly integrating it into the Binance trading platform, while still being usable on the Binance Wallet. This innovative solution bridges the gap between centralized (CEX) and decentralized (DEX) trading, enhancing liquidity, capital efficiency, and user accessibility.

With Binance Alpha 2.0, users can seamlessly explore and purchase on-chain assets directly on the Binance exchange without the need to withdraw assets to an external wallet or create an on-chain wallet. This product enables Binance exchange users to seamlessly utilize funds from their spot, margin, and other accounts supported by Binance Pay to purchase Alpha tokens.

By leveraging CEX funds for DEX trading, Binance Alpha 2.0 eliminates unnecessary steps, reduces transaction costs, and simplifies the trading experience, making it easier for Binance users to engage in decentralized trading.

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The announcement states that Binance Alpha 2.0 expands Binance Alpha by directly integrating it into the Binance trading platform, while still being usable on the Binance Wallet. This innovative solution bridges the gap between centralized (CEX) and decentralized (DEX) trading, enhancing liquidity, capital efficiency, and user accessibility.</p><p>With Binance Alpha 2.0, users can seamlessly explore and purchase on-chain assets directly on the Binance exchange without the need to withdraw assets to an external wallet or create an on-chain wallet. 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