Hello Tron Fan Club Community.
How are you my lovely friends ?
I hope my all friends will be good and happy. by the grace of almighty God, I am also Good and well. Today i again come back with new crypto concept in which i will share the basic information for PancakeSwap website. First i will give basic information about PancakeSwap, what is PancakeSwap and what are the functionalities that provides us. Then gradually i will take you in advance about this website.
Basically PancakeSwap is a decentralized exchange. In the era of modern crypto world, it provide great opportunities to us for making more assets. This blockchain is used for many purpose like yield Farming, staking and swapping etc. Pancakeswap depends on the binance smart chain network. It requires Automated Marketing Protocol to manage liquidity pools. It is the biggest decentralized exchange that provide many functionalities to traders and investors. In this lecture we just introduce those websites that provide Yield Farming but in the next lecture we will do practical on this website by connecting our decentralized wallets.
The main functionalities of PancakeSwap is that whenever, a coin is listing on Binance Smart chain and we want to buy it, so we can buy this coin using swapping process. I hope you can understand easily that, what is the function of swapping. For Yield farming and staking, I have already upload a post. After the completion of all these theory base lecture, we will go in advance and will move on practical things.
If you want to go PancakeSwap decentralized platform, so just click on the link below.
PancakeSwap website link is here Link.
Interface of PancakeSwap website is here.
Now, we talk about the advantages of PancakeSwap platform. Basically it provide the high security due to decentralization. No any third party is involved in it. The transection fee is very low. Every transaction requires fee in term of BnB because it work on the base of Binance smart chain network. It provide to us faster transection that is the biggest advantage.
Thank You Guys For giving your precious time on my Post.
