Binance Alpha 2.0 Launches: CEX Users Can Now Trade DEX Tokens Directly
Binance has now integrated the upgraded version of Binance Alpha into its exchange, allowing users to purchase tokens on-chain directly.ProductBinance Alpha 2.0 Launches: CEX Users Can Now Trade DEX Tokens Directly
Binance, in a much anticipated move, has announced the launch of Binance Alpha 2.0, expanding the offerings of its pre-listing token selection pool, Binance Alpha.
After this major upgrade of Alpha 2.0, Binance has now integrated the upgraded version into its exchange, allowing users to explore and purchase tokens on-chain directly on the Binance Exchange.
In simple words, this latest upgrade will allow centralized exchange (CEX) users to directly purchase decentralized exchange (DEX) tokens without the need for external wallets or cross-platform transfers. This major enhancement is set to improve accessibility, liquidity, and user experience for crypto traders and investors.Key Features of Binance Alpha 2.0
1. Direct Trading of DEX Tokens- Previously, purchasing and trading DEX tokens required users to navigate decentralized exchanges, connect wallets, and manage gas fees. With Alpha 2.0, Binance eliminates these barriers, allowing seamless transactions within the Binance platform.Recent Market Reactions
Since the announcement, several Alpha-listed tokens have experienced significant price surges. For example, MUBARAK Coin, one of the first tokens featured on Binance Alpha, saw a 200% price increase within 48 hours of its listing. This also came after Binance futures launched a MUBARAKUSDT perpetual contract yesterday with significant activity from Binance founder, CZ
