Binance Acquires Jex Dot Com

Binance cryptocurrency exchange announced that it has acquired Jex.com, a crypto-asset trading platform that offers spot and derivatives trading services. JEX will join the Binance ecosystem.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Binance?src=hash&ref_src=twsrc%5Etfw">#Binance</a> Acquires Cryptoasset Trading Platform JEX<a href="https://t.co/mqm3bXhk63">https://t.co/mqm3bXhk63</a> <a href="https://t.co/P1JMJvbCOB">pic.twitter.com/P1JMJvbCOB</a></p>— Binance (@binance) <a href="https://twitter.com/binance/status/1168533606509101061?ref_src=twsrc%5Etfw">September 2, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

JEX offers trading support for 21 crypto assets, including bitcoin, ether, EOS, BNB, Dash and LTC.

Through this acquisition, Binance will manage the JEX team and its JEX tokens. According to Binance’s annoucement, JEX tokens will be gradually distributed to all users via marketing activities and community incentives; subsequently, the tokens will be gradually retrieved and burned in various forms including trading commission deductions and so on.