Why PancakeSwap Is Up 7%

Why PancakeSwap Is Up 7%
·3 min read

PancakeSwap has been a big player in the DEX, or decentralized exchange sector, for quite some time. A native to BNB Chain, and only slightly different than some other established platforms like UniSwap, PancakeSwap uses BEP20 tokens, a specific token originally developed by Binance. Because they run on BNB smart chain, trading fees are lower and a decentralized exchange allows users to trade directly from their wallet apps.