PancakeSwap
ValidatedDeFi
Swapping
Everyone’s Favorite DEX.
- 89 Followers89 Followers
- 116 Likes116 Likes
About PancakeSwap
PancakeSwap is a leading multichain decentralized exchange that operates on an automated market maker (AMM) model built on BNB Chain, Ethereum, Aptos, Polygon zkEVM, Linea, zkSync Era, Base, Arbitrum One and opBNB. Launched in 2020, Pancakeswap is one of the most popular DEXs in the cryptocurrency industry due to it’s low transaction fees, high-speed trading and user-friendly platform.
PancakeSwap is a leading decentralized exchange (DEX) built on the Binance Smart Chain (BSC). It enables users to swap BEP-20 tokens, participate in yield farming, and stake tokens to earn rewards. The platform's mission is to provide a fast, cost-effective alternative to Ethereum-based DEXs, leveraging the efficiency and scalability of BSC. PancakeSwap has become a cornerstone in the DeFi ecosystem on BSC, offering various financial services and products to its users.
PancakeSwap Magic Store Validation Score
See Results ››Validation Score
4.8yes95%
no5%
Validation Date: -
kimkyungmiYes
dhansYes
doantruongYes
MyTuyen10Yes
radYes
NoNameRequiredYes
Aljona35Yes
SilentBYes
SkaziChainYes
cointrader4youYes
IvanYes
DimaYes
maxieflowYes
PancakeSwap Review Score by Real Users
- 3
- 0
- 1
- 0
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Way to go. Not a bad app,..Totally great and reliable. Cool specs and easy to understand, however improvement is neededRead More ››
0 people found this review funny
Who hasn't used it? PancakeSwap has been with us for a long time and I don't think there are any people who don't trust this project.Read More ››
0 people found this review funny
It is not as good as it use to be and staking CAKE is not infinitely more confusing. But it does support many more chains now, and has great rates. It deserves a 4 but I hold CAKE. The IFO used to be great.Read More ››
0 people found this review funny
PancakeSwap looks great! Here, a large, solid team, the ideas of the team and the development trend amazed their greatness! We are looking forward to the possibility of your product! Read More ››
0 people found this review funny
PancakeSwap Magic Store Trust Score
- Security Validators Score
- 20.06.2024Validation Date
PancakeSwap User Trust Reviews
I recently came across PancakeSwap, an innovative decentralized exchange (DEX) that has quickly become a favorite among crypto enthusiasts. The platform offers users a user-friendly interface and access to various trading pairs, making it easy for anyone to buy or sell cryptocurrencies in just a few clicks. One of the key features that sets PancakeSwap apart from other DEXs is its native CAKE token, which provides holders with various benefits such as earning fees and accessing exclusive products within the platform's ecosystem. The platform also offers an auto-liquidity pool feature that automatically creates liquidity pools for new tokens listed on PancakeSwap, ensuring a smooth trading experience for users. In addition to its trading features, PancakeSwap supports yield farming and staking, allowing users to earn passive income by providing liquidity or locking their tokens in smart contracts. The platform also offers various educational resources and guides to help users navigate the world of DeFi (Decentralized Finance) and make informed decisions when using its services. In conclusion, PancakeSwap has quickly established itself as a popular choice for those looking to trade cryptocurrencies in a decentralized environment. Its innovative features, user-friendly interface, and strong community support make it an attractive option for both newcomers and seasoned traders alike.Read More ››
1 person found this review funny
PancakeSwap looks great! Here, a large, solid team, the ideas of the team and the development trend amazed their greatness! We are looking forward to the possibility of your product! Read More ››
0 people found this review funny
PancakeSwap FAQ
PancakeSwap is a decentralized exchange (DEX) built on the Binance Smart Chain (BSC) that allows users to swap BEP-20 tokens, participate in yield farming, and stake tokens to earn rewards.
To connect your wallet, visit the PancakeSwap website, click on "Connect Wallet," and select a Binance Smart Chain-compatible wallet like MetaMask or Trust Wallet.
The CAKE token is used for staking, yield farming, participating in governance, and earning rewards on PancakeSwap. It also plays a role in lotteries and prediction markets.
You can earn CAKE tokens by participating in yield farming, staking in Syrup Pools, and winning lotteries on PancakeSwap.
Yield farming involves providing liquidity to PancakeSwap's pools and earning CAKE tokens as rewards. You deposit pairs of tokens into liquidity pools to facilitate trading on the platform.