Binance – the top-tier China-based major crypto exchange firm – has introduced its plan to launch a decentralized order-matching engine Binance DEX this April.

Specifically, Binance CEO Changpeng Zhao – a.k.a CZ in the field – has revealed 2 primary developments in the “Centralized vs Decentralized” section of the conference in South Korea.

Firstly, traders can officially perform transactions on the Binace DEX – a Blockchain-powered crypto exchange platform designed by Binance – starting April. Specific details regarding the technology will be provided in the future.

Secondly, the Binance Singapore – a fiat-to-crypto exchange designed for the country’s market and support the Singaporean Dollar (SGD) – will be set to open this month.

A testnet for the Binance DEX has been released in February 2019 by Binance, which enabled customers to create and manage wallets as well as start selling or purchasing digital currency on the platform. The Binance DEX is expected to provide support for proven secure and decentralized software and hardware wallets.

Binance is also working on adding the Binance’s Trust Wallet into its current system, together with the integration of the Ledger Nano S. More compatible wallets. a new staking tool is reportedly being prepared for official introduction somewhere around the end of Q2, 2019. Furthermore, Binance has also added support for Tezos (XTZ) — currently the 19th biggest coin by market cap.