PancakeSwap is an Automated Market Maker (AMM), which is a decentralized exchange enabling users to swap tokens, use them for liquidity pools and receive fees. The exchange is built on the Binance Smart Chain. The name PancakeSwap is nothing less than an ode to the pancake.
MoreThe PancakeSwap exchange is meant to be able to swap your BEP-20 tokens on the Binance Smart Chain. By using the AMM-model, users can invest their tokens in a liquidity pool and receive LP-tokens in return. These tokens also go by the name FLIP.
MoreYou can easily buy PancakeSwap (CAKE) at an exchange like Coinmerce. It’s possible to pay with credit card or SEPA and receive the CAKE tokens in your wallet shortly.
MoreAre you interested in buying PancakeSwap? At Coinmerce it is possible to buy PancakeSwap with credit card, SEPA, MyBank, Giropay, and Sofort. When you are logged in, you will see “Coins'' in the top menu. If you click on this, you will be taken to the page with all crypto coins that Coinmerce offers. Don't see PancakeSwap? Then use the search function to find PancakeSwap and click on it. In the right window you can indicate how much you want to spend on PancakeSwap. Below that you will see how much PancakeSwap you get for that. Have you entered the correct amount? Then click on “Buy”. It is also possible to execute a 'Stop limit order'. When you activate it, our system automatically buys PancakeSwap when the price of PancakeSwap reaches your entered value. You can also execute a repeating order. Do you want to buy PancakeSwap with another crypto coin? Then go to the crypto coin you want to pay with and select 'Swap' in the right window to indicate that you want to receive PancakeSwap.
PancakeSwap was launched in September 2020 by anonymous developers. Because it runs on the Binance blockchain, you first need BNB tokens. You can exchange these for CAKE tokens, and then secure them in the liquidity pool. This in turn allows you to earn tokens. You can also farm SYRUP tokens. PancakeSwap also organizes lotteries where you can partake in. Here you can wager your CAKE tokens (10 to participate), with a chance of winning a jackpot worth 50% of the entire wager. Each lottery lasts six hours, during which you will be given 4 numbers between 1 and 14. If you get all four numbers correct, you win the lottery. You can also win NFTs that you can exchange for CAKE tokens.