Does PancakeSwap charge a fee?

When you make a token swap or trade on the exchange, you need to pay a 0.25% trading fee , which is divided into three pieces. First, there’s 0.17% that gets returned to the liquidity pools in the form of a fee reward for the liquidity providers (LPs). Then there’s a 0.03% fee sent to the PancakeSwap Treasury.10 Oca 2022

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Is CAKE a good coin?

Cake has extremely high daily volume , and that’s great news for an investor looking for a token to stake. It’s effortless to get in and out of Cake. Not every token in the cryptocurrency space can say that. In fact, most can’t.

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What is pancake coin?

PancakeSwap is a decentralized exchange built on Binance Smart Chain, a fast and inexpensive alternative to Ethereum . Much like the celebrated Uniswap DeFi AMM protocol running on Ethereum, PancakeSwap enables users to swap between cryptocurrency assets by tapping into user-generated liquidity pools.

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