Binance Wallet Adds Direct CEX-to-DEX Trading Feature
The post Binance Wallet Adds Direct CEX-to-DEX Trading Feature appeared on BitcoinEthereumNews.com.
Binance Wallet users can now trade directly using exchange balances across Ethereum, Solana, Base, and BNB Chain. Feature requires KYC and a non-custodial wallet, with purchased tokens sent directly to user-controlled addresses. Binance Wallet has released a new feature that makes traders’ lives more convenient: “CEX-to-DEX trading.” This feature allows users to trade directly from their Binance Wallet using their account balance on Binance Exchange. So, without the hassle of sending assets here and there, users can directly transact on various networks, including Ethereum, Solana, Base, and BNB Smart Chain. Previously, you had to move assets from your exchange account to your personal wallet before you could trade on DEX, but now you can skip that process. Simply open Binance Wallet, select the token you want to buy, and the transaction is processed directly from your exchange balance. This not only saves time, but also avoids wrong transfers or additional fees that usually occur when transferring across wallets. Eligibility and Bonus Perks to Watch For However, there are some important notes for those of you who want to try this feature. First, users must have completed the identity verification process or KYC. Second, only non-custodial wallets from Binance Wallet can enjoy this feature. After a successful transaction, the token will go directly to the user’s personal wallet address, not stored on the exchange anymore. Uniquely, to celebrate the launch of this feature, Binance is giving away free BR (Bedrock) tokens to users who make a minimum transaction of $50 using their Spot or Funding balance via Binance Wallet. The prize is quite attractive, getting 100 BR, which is equivalent to $10. New Memecoins Join the Spotlight On the other hand, Binance is not stopping at just the wallet feature. CNF reports that the platform has just added four new memecoins…
Filed under: News - @ March 30, 2025 7:13 am