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PancakeSwap is the leading decentralized exchange on Binance Smart Chain, with the highest trading volumes in the market
Basic Information
PancakeSwap is a decentralized exchange (DEX), allowing investors to swap BEP-20 tokens. BEP-20 tokens are tokens built on top of the Binance Smart Chain that don't have their own blockchain. The platform is built on Binance Smart Chain instead of Ethereum. PancakeSwap’s fees are a much more manageable 0.2% for users who use liquidity in their pools. Additionally, these fees are not paid in Ether. This allows for more transactions and higher profit margins for traders and investors. PancakeSwap's (CRYPTO:CAKE) native token Cake is an emerging opportunity to invest in a diverse ecosystem and own a governance token with real utility.
Founding Date
:
2020
No. of Employees
:
251 to 500