Review on PancakeSwap by Özgün A
Decentralized swap system
PancakeSwap is a fully decentralized, uncontrolled, investment gateway platform forked from Uniswap. You do not need to be a member of this platform and you cannot already be a member.
I have been using PancakeSwap for a long time and have not had any problems so far and I am quite satisfied. You can earn passive income by keeping your own local token "CAKE" in your wallet on this platform.
You can invest in many investment vehicles through the PancakeSwap platform. On this exchange, you can use your assets as investment tools, rent them and participate in ICOs. It supports a large number of cryptocurrencies.
To use PancakeSwap, you must first connect your offline wallet with this platform. You can then trade with trading pairs on this platform.
Transactions performed at PancakeSwap are very fast. It aims to increase the liquidity rate offered to the market.
As a result; The PancakeSwap platform is one of the most used decentralized platforms in the world and is very popular. It is a platform with proven reliability.
Pros
- You can 'stake' cryptocurrencies through this platform
- Using the platform is very simple
- Uses smart yield farm algorithm
- Lottery winnings are available
Cons
- It does not allow some trading transactions in the cryptocurrency market
