- The innovation combines the security and transparency in verifiable self -ratio with speed and simple automated trade.
- Secure Auto Sign Feature enables a new type of limit order that provides more flexibility, increased cost efficiency and more sophisticated order administration.
To give sophisticated users better trading tools and a more effective experience, Binance, the leading blockchain ecosystem in the world behind the largest Cryptocurrency exchange in terms of both trading volume and user base, introduced Dex Pro mode in Binance Wallet. Contrary to conventional decentralized exchanges, the new functionality, which is driven by the groundbreaking secure auto sign function, enables a new type of border order that provides more flexibility, increased cost-effectiveness and more sophisticated order administration.
Winson Liu, Global Lead of Binance Wallet pronounced:
“With Dex Pro mode in Binance Wallet, we wanted to give people more freedom to act as they please. You can set target prices, keep your funds unlocked and allow Secure Auto Sign to manage the execution automatically while keeping in full control of your private keys. This bridges that it is part of doing so that is part of a part of a centralized extension possible. ”
By setting target prices to buy or sell tokens automatically when market conditions are met, users can issue restrictions in Dex Pro mode. Using Secure Auto Sign, users can make and manage orders more efficiently without having to repeatedly approve them by hand. The trusted execution environment (TEE), a safe and segregated component of the hardware that protects private keys from external access, is there secure autosignal features. For seven days when it has been activated, the wallet can sign transactions automatically for the user’s behalf; However, permissions can be handled, revoked or renewed at any time.
The innovation combines the security and transparency in verifiable self -ratio with speed and simple automated trade.
Binance wallet solves typical problems that traders arise on conventional decentralized exchanges by melting secure auto sign with limitation orders. Increased efficiency and flexibility help users as follows:
- Several waiting orders: Trade trader can use the same wallet balance to make several orders at once. This is especially useful when striving for certain price points over many symbols; The token that hits the price target will first be purchased or sold.
- Locked means: Users can continue to handle freely after setting a limitation order as funds are available while orders are waiting. Users must ensure that the required amount is replenished before the target price is achieved for the order to perform if they temporarily spend the money after setting a limit order.
- No gas fees in advance: Since gas fees are only assessed when an order is carried out, traders can change or cancel orders at no additional costs.
In addition, the DEX PRO mode provides a streamlined interface that shows important token measurements in trading flow, including as market value, liquidity, trade volume and holder data. Dex Pro mode makes it faster and easier for users to make well-informed trading selection by centralizing this information, removing the need to go between token description pages and the trading interface.
With this edition, Binance Wallet grows its line with self -beauty solutions that are intended to provide its customers of groundbreaking trade features.
