Binance Wallet Introduces DEX Pro Mode With Potential Gas Fee Savings for Experienced Traders
Main Idea
Binance Wallet introduces DEX Pro mode, enabling advanced traders to place automated limit orders with zero upfront gas fees while maintaining self-custody security.
Key Points
1. Binance Wallet's DEX Pro mode allows automated limit orders with zero upfront gas fees, charging fees only upon order execution.
2. Secure Auto Sign operates within a Trusted Execution Environment (TEE), protecting private keys from external access.
3. The feature enhances trading flexibility and efficiency by enabling multiple pending orders without immediate gas costs.
4. Winson Liu, Global Lead of Binance Wallet, highlights the mode's aim to make advanced Web3 trading tools accessible while ensuring decentralized transparency.
5. Users can cancel or modify limit orders without incurring gas fees, as fees are only charged when orders execute.
Description
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