The third-party lets you connect your Ledger device to their platform, so you can securely trade assets between users (peer to peer) through an automated process.
Binance DEX is an open-source, non-custodial, decentralized exchange based on the Binance Chain blockchain, a fork of the Cosmos network. The exchange utilizes TradingView charting and has rapidly expanded its trading pairs and volumes in recent weeks.
The exchange wallet is TrustWallet, a non-custodial wallet that Binance recently extended to operate across multiple DEXs on Ethereum.
When you own cryptocurrencies, what you really own is a “private key”, a critical piece of information used to authorize outgoing transactions on the blockchain network. Whoever has the knowledge of this key can spend the associated funds. Hence the famous expression “not your (private) keys, not your bitcoins”. Owning your private keys gives you much more power and control.
Enhanced security
Keep control of your private keys by combining Binance DEX with our state-of-the-art security hardware wallets.
Trade your assets
Log directly into your Binance DEX account with your Ledger device and access trading services with peace of mind.
Preserve your privacy
You don't have to make a KYC, a DEX does not hold any customer records.
Ledger Hardware
To make sure you securely manage your crypto, we designed two hardware wallets: the Ledger Nano S and the Ledger Nano X.
Our devices allow you to manage multiple assets with a single hardware wallet, in a secured environment.
State-of-the-art
security
Simplicity
Multicurrency
Ledger Nano S
Protect your crypto with the first and only independtly-
certified hardware wallet on the market.
Ledger Nano X
The Ledger Nano X is a new Bluetooth enabled secure device that protects your crypto.
Please do not store more coins on an exchange (including @krakenfx) than you need to actively trade. Use Ledger or Trezor. DEXes are not a panacea — look at the DAO. Open source just means exploits will be discovered sooner (probably not by good guys).
Jesse Powell, CEO Kraken
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