By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Binance debuts centralized exchange to decentralized exchange trades
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Crypto > Binance debuts centralized exchange to decentralized exchange trades
Crypto

Binance debuts centralized exchange to decentralized exchange trades

By Viral Trending Content 3 Min Read
Share
SHARE

Crypto exchange Binance has debuted centralized exchange (CEX) to decentralized exchange trades (DEX), allowing customers to use funds from their Binance wallets to execute DEX trades — eliminating the need for asset bridging or manual transfers.

According to the exchange, customers can use Circle’s USDC (USDC) and other supported stablecoins to acquire tokens on the Ethereum, Solana, Base, and BNB Smart Chain networks.

The new CEX to DEX feature is also compatible with other tools on the platform, including Binance Alpha, which gives users the ability to discover emerging tokens in early-stage development, and the Binance quick buy tool.

Incorporating CEX to DEX trading unlocks a smoother user experience and reduces the complexity of swapping digital assets.

This reduction in complexity addresses the technical barrier to entry inherent in the user experience that makes it difficult for new users to interact with digital assets. Complex user interfaces and clunky user experience is one of the most widely cited issues in crypto.

<p><em>An online meme poking fun at the complexities in crypto. Source: </em><a data-ct-non-breakable="null" href="https://x.com/owocki/status/1887905278307484095" rel="nofollow noopener" target="_blank" text="null" title="https://x.com/owocki/status/1887905278307484095"><em>Kev.Eth</em></a></p>

Related: Web3’s UX problem — and how to fix it, feat. Ponder One

Overcoming crypto’s user experience problem and getting crypto out of the AOL era

In November 2024, The WalletConnect Foundation and Reown established a standard framework for crypto wallets to enhance the user experience and promote ease of use.

Pedro Gomes, director of the WalletConnect Foundation, told Cointelegraph that the wallet standards framework focused on several key areas including, “minimizing clicks, reducing transaction friction, interoperability, and providing clear and accessible information.”

Anurag Arjun, co-founder of Avail — a unified chain abstraction solution — and the Polygon layer-2 network, also told Cointelegraph that current blockchain abstraction techniques are fragmenting liquidity across the ecosystem.

The Polygon co-founder said that each blockchain network has its own set of security assumptions, presenting challenges for interoperability; Arjun specifically cited bridging techniques as cumbersome for the end user.

Sandeep Nailwal, who founded Polygon alongside Arjun, recently voiced similar sentiments and said that crypto needs to enhance user experience before achieving mass adoption, likening the current state of crypto to the internet in the late 1990s.

Nailwal told Cointelegraph that crypto needs to adopt smoother fiat onboarding, better custody solutions that feature key recovery, and hardware wallets built into mobile devices to bring crypto out of the “AOL era” and achieve mass appeal.

Magazine: They solved crypto’s janky UX problem — you just haven’t noticed yet

You Might Also Like

Ledger and Trezor 2025 hardware wallets released: What’s new for users?

Binance Founder CZ Receives Presidential Pardon From Donald Trump

Blockchain.com secures MiCA license, hires Malta insider to head EU expansion

Best Crypto to Buy Now as Crypto RWA Hits $8.3 Billion

Solana’s RWA market surpasses $700M all-time high as adoption accelerates

TAGGED: Crypto, Crypto News, News
Share This Article
Facebook Twitter Copy Link
Previous Article Trump roars down multiple paths of retribution as he vowed. Some targets yield while others fight.
Next Article Tonga rocked by 7.1 quake amid rising tsunami concerns
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Anker’s Soundcore Select 4 Go Speaker Is Practically a Steal After Dropping to an All-Time Low
Gaming News
Corporate debt surge: Commercial paper issuances hit highest since April
Business
Ledger and Trezor 2025 hardware wallets released: What’s new for users?
Crypto
Binance Founder CZ Receives Presidential Pardon From Donald Trump
Crypto
White House Staffers Couldn’t Care Less About the East Wing Demolition
Tech News
CISA warns of Lanscope Endpoint Manager flaw exploited in attacks
Tech News
North Korean Hackers Lure Defense Engineers With Fake Jobs to Steal Drone Secrets
Tech News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Anker’s Soundcore Select 4 Go Speaker Is Practically a Steal After Dropping to an All-Time Low

Investing £5 a day could help me build a second income of £329 a month!

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Anker’s Soundcore Select 4 Go Speaker Is Practically a Steal After Dropping to an All-Time Low
October 23, 2025
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?