Binance has announced the much-anticipated launch of the testnet of Binance Chain and the decentralized exchange (DEX) built on top of it as Binance Coin (BNB) reached a new all-time high value trading against BTC.
Binance Chain Testnet is Now Live
In an official publication, Binance, the world’s largest cryptocurrency exchange by means of traded volumes, announced that both Binance Chain and Binance DEX have entered their public testnet phase.
This allows users to create their very own wallets and to interact with the platform’s interface which, as Changpeng Zhao puts it, is very similar to the interface of the existing Binance exchange.
As promised earlier, the DEX has added support for hardware wallets. Users can install the Binance Chain app through Ledger Live in order to access the DEX testnet with the Ledger Nano S.