How do I sell my CAKE on BNB LP?

Go to the Farms section and select the section corresponding to the received LP. Confirm LP transfer for staking. Get CAKE and sell it on an exchange convenient for you. You can leave the received CAKE tokens on your PancakeSwap account and invest them in the Pools section to get even more tokens.

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How old is PancakeSwap?

History PancakeSwap was founded by a group of anonymous developers in September 2020 . What made it different at the time of launch was that PancakeSwap was built on Binance Smart Chain (BSC), which offers faster and cheaper transactions compared to Ethereum.

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What is a CAKE LP?

LP Tokens. As an example, if you deposited CAKE and BNB into a Liquidity Pool, you’d receive CAKE-BNB LP tokens . The number of LP tokens you receive represents your portion of the CAKE-BNB Liquidity Pool. You can also redeem your funds at any time by removing your liquidity.

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Who made PancakeSwap?

History PancakeSwap was founded by a group of anonymous developers in September 2020. What made it different at the time of launch was that PancakeSwap was built on Binance Smart Chain (BSC), which offers faster and cheaper transactions compared to Ethereum.

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