Binance launches Binance Alpha 2.0 test version for some countries

PANews March 18th news, according to an update from the Binance Support Center today's article, Binance Alpha 2.0 expands the functionality of Binance Alpha by integrating it directly into the Binance Exchange, while it can still be used in the Binance Wallet. This innovative solution bridges the gap between CEX and DEX transactions, improving user liquidity, capital efficiency and accessibility. With Binance Alpha 2.0, users can explore and buy on-chain tokens directly on the Binance Exchange without having to withdraw assets to external wallets or create on-chain wallets. The product enables Binance Exchange users to seamlessly use funds from their spot accounts, capital accounts, and other accounts supported by Binance Pay to purchase Alpha tokens. By leveraging CEX funds for DEX trading, Binance Alpha 2.0 eliminates unnecessary steps, reduces transaction costs and simplifies the trading experience.

The main difference between Binance Alpha and Binance Alpha 2.0 is the platform they are available: Binance Alpha is available in Binance Wallet, allowing users to explore and purchase featured tokens directly from Binance Wallet. Binance Alpha 2.0 is integrated in the Binance Exchange, allowing users to trade Alpha tokens using their spot and fund accounts without the need for an external Binance wallet.

Binance Alpha 2.0 is currently in beta and is only available to users in a few specific countries.