PancakeSwap logo
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PancakeSwap


Decentralized Exchanges
Description

PancakeSwap is an AMM DEX, or automated market maker decentralized exchange, which was launched in 2020 running natively to the Binance or BNB blockchain. CAKE is the native token of PancakeSwap, and can be used in the ecosystem for staking, trading, yield farming, and playing in a lottery, as well as a (partial) governance token. PancakeSwap does charge a fee of 0.2% per transaction, does not run a maker-taker pricing scheme, nor do they charge withdrawal or transfer fees, By DEX standards, PancakeSwap's fees are considered above average, and clients also have to pay network, or gas, fees. PancakeSwap does not enable limit orders. Like most DEXs, PancakeSwap does not accept fiat, instead, PancakeSwap integrates with several wallets including Metamask, TrustWallet, and Binance Chain Wallet. PancakeSwap handles NFTs. PancakeSwap is considered secure and decentralized. As of this writing, PancakeSwap is the third-largest DEX by volume, after Uniswap, and nearly tied with Curve Finance.


Platforms
Web

Tags
decentralized exchange dex binance dex

Links
Goto Homepage
Screenshot of PancakeSwap.

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5. 1Inch

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1Inch is a DEX, or decentralized exchange, as well as the 1Inch governance token, used to control the 1Inch Dao, or Decentralized Autonomous Organization. The 1Inch network was launched in 2019, and the token in 2020. 1Inch's mission is to optimize trading across blockchains by searching for the best prices...

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Reviews



2022-06-21 18:47:08

Using this platform to swap and farm on Binance blockchain, cheap fees for transaction, alot of liquidity for alot of crypto coin and seem the dev keep update with new stuff and feature. One of the best DeFi on crypto universe.