Binance Chain (BNB)
What are Binance Chain and Binance DEX?
Binance Chain is a blockchain software system developed by Binance and its community. Binance DEX refers to the decentralized exchange features developed on top of the Binance Chain.
What can I do with Binance Chain?
The purpose of the new blockchain and DEX is to create an alternative marketplace for issuing and exchanging digital assets in a decentralized manner.
You can:
Send and receive BNB
Issue new tokens to digitalize assets, and use Binance Chain as underlying exchange/transfer network for the assets
Send, receive, burn/mint and freeze/unfreeze tokens
Propose to create trading pairs between two different tokens
Send orders to buy or sell assets through trading pairs created on the chain
Watch the DEX market to confirm the price and market activity of certain assets
You can also:
Explore the transaction history and blocks on the chain, via Binance Chain Explorer, API and node RPC interfaces.
Run a full node to listen to and broadcast live updates on transactions, blocks, and consensus activities
Extract other data of Binance Chain via full node or APIs
Apply to run a validator node
Develop tools and applications to help users use Binance Chain and Binance DEX
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