Binance has launched the testnet version of its decentralized exchange (DEX), Binance Chain. In a conversation with Forbes, Binance CEO Changpeng Zhao explained Binance's DEX is specifically tailored to meet market criteria for centralized exchanges with the added benefits of decentralization. The DEX will handle volumes similar to Binance.com and focus on speed, security, and user experience. It is expected that Binance Coin ($BNB) will be the native token for Binance Chain and the DEX.