How much does PancakeSwap cost?

Best Software Wallet: Trust Wallet The wallet is free to download on iOS and Android , making it an extremely accessible option for new or experienced crypto investors. Trust Wallet can also connect to PancakeSwap, allowing you to trade crypto directly from your wallet.

Although PancakeSwap has more active users than Uniswap, the trading volume of the latter is higher. This indicates the users at Uniswap are trading at a higher value. Uniswap is an Ethereum based DEX, clearly, its transaction cost is way higher than the Binance smart chain-based PancakeSwap .

When you make a token swap (trade) on the exchange you will pay a 0.25% trading fee, which is broken down as follows: 0.17% – Returned to Liquidity Pools in the form of a fee reward for liquidity providers. 0.03% – Sent to the PancakeSwap Treasury. 0.05% – Sent towards CAKE buyback and burn.

Anybody can “list” any BEP-20 network token on PancakeSwap . You don’t need to contact us or ask permission. You just need to add liquidity to a liquidity pool – that’s it. Traders can then trade your token by entering your token’s contract address.