Binance launches its decentralized exchange (DEX) on the Binance Smart Chain, allowing users to trade cryptocurrencies without intermediaries. The new DEX is set to increase liquidity and reduce trading fees, making it a major competitor in the DeFi space.

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Exciting move by Binance into the DEX space with Binance Smart Chain! This could significantly boost decentralized trading and liquidity for users. Looking forward to seeing how it competes in the DeFi market.