Binance Announces Binance Alpha 2.0, Aiming to Bridge the Gap Between CEX and DEX Trading

BlockBeats News, March 18, according to an official announcement, Binance has announced Binance Alpha 2.0. The announcement stated that Binance Alpha 2.0 expands Binance Alpha by directly integrating it into the Binance trading platform, while still being usable on the Binance Wallet. This innovative solution bridges the gap between centralized (CEX) and decentralized (DEX) trading, improving liquidity, capital efficiency, and user accessibility.

With Binance Alpha 2.0, users can seamlessly explore and purchase on-chain assets directly on the Binance exchange without the need to withdraw assets to an external wallet or create an on-chain wallet. This product enables Binance exchange users to seamlessly utilize funds from their spot, margin, and other Binance Pay-supported accounts to purchase Alpha tokens.

By utilizing CEX funds for DEX trading, Binance Alpha 2.0 eliminates unnecessary steps, reduces trading costs, and simplifies the trading experience, making it easier for Binance users to engage in decentralized trading.

BlockBeats reported yesterday that Binance has enabled users to trade Binance Alpha assets on the CEX interface.