What is pancakeswap?

PancakeSwap is a Binance Smart Chain-based decentralized exchange ( DEX) that was launched by anonymous developers with an apparent passion for pancakes. What Makes PancakeSwap Unique? PancakeSwap uses an automated market maker model, meaning that there are no order books and liquidity pools are used instead.

What are pancakeswap LP tokens?

These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. These LP tokens are known as FLIP. PancakeSwap also allows users to farm additional tokens such as CAKE and SYRUP. On the farm, users can deposit LP tokens and get rewarded with CAKE.

How to buy pancakesswap coin?

To purchase PancakesSwap Coin, users can perform a standard Bitcoin or Komodo exchange through the peer-to-peer exchange. For larger trades, it is recommended to utilize a verified atomic swap exchange. Exchanges like Bittrex, Poloniex, or Binance are excellent options for larger trades.

Where can I store pancakeswap (cake)?

PancakeSwap can be securely stored on supported wallets that are connected to the Binance Smart Chain. These include MetaMask, TrustWallet, TokenPocket and WalletConnect. Where Can You Buy PancakeSwap (CAKE)?