Crypto-currency exchange Binance has recently launched Binance DEX mainnet, which refers to the decentralized exchange features developed on top of Binance Chain. It is a new decentralized platform to manage crypto-currencies where users will possess the keys of their wallet, unlike Binance.com, where wallets are held by Binance. The major objective of DEX and the new blockchain is to create a new marketplace for exchanging and issuing digital assets in a decentralized way.

This new blockchain technology has come with lots of new features. The major benefit of Binance DEX is the matching system. Binance DEX is created on a great blockchain engine Tendermint Core with one-second block times that offers the speed, which is also the same as centralized exchanges. Binance DEX has many other advantages such as:

Private keys under the user’s control.

Decentralized order book.

Matching with one-second block time.

The mixture of these three benefits can actually take the crypto-currency market to the next level. And that’s why lots of companies and foundations including HorseChain have already started to get themselves on the new Blockchain – Binance blockchain.

HorseChain Foundation is testing this new platform. The company is almost ready to lunch HorseChain project on binance DEX Testnet. The development team is testing the platform to make certain its compile and working so that the developers can go forward for the mainnet.

With the use of this new DEX, the HorseChain platform will work more efficiently, the transactions of the exchanges will be faster and more secure, and will be directly between the users.

HorseChain is delaying the process of IEO and ICO for a few days until the platform is updated to employ these features of Binance DEX. The users of the HorseChain are lucky that they will be using such a great platform from an early stage. And we want to make every effort to utilize this opportunity to provide the better platform.

The updates regarding the new HorseChain platform and Binance mainnet will be announced soon depending upon countless factors such as acceptance, usability, reliability and many more. But we are sure that HorseChain team is working hard on such a platform which will be something interesting for both investors and equine people.