PancakeSwap rate

CAKE

What is PancakeSwap

PancakeSwap (CAKE) is an automated market maker (AMM), a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain (BSC). It allows users to exchange tokens, provide liquidity via "farming" and earning fees in return. PancakeSwap uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return. These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. You can safely and reliably buy and sell CAKE on LiteBit.

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