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What are the cryptocurrencies that can be traded on the pancakeswap official website?

Karen Carpenter
Release: 2024-09-29 14:59:01
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Cryptocurrencies available for trade on PancakeSwap include: BNB, BUSD, USDT, DOGE, ETH, BTC, SafeMoon, CAKE, ALPHA and NULS. Users can trade these cryptocurrencies by connecting their wallet, entering the transaction amount, and confirming the transaction.

What are the cryptocurrencies that can be traded on the pancakeswap official website?

PancakeSwap official website tradable cryptocurrencies

PancakeSwap is a decentralized exchange (DEX) that allows users to Trade cryptocurrencies on Binance Smart Chain (BSC). The platform offers a wide range of cryptocurrencies for users to trade and liquidity mine.

Tradable Cryptocurrencies

The following are some of the popular cryptocurrencies that can be traded on the PancakeSwap official website:

  • Coin Ancoin (BNB) : BSC’s native token, which can be used to pay transaction fees and participate in staking.
  • Binance USD (BUSD) : A stablecoin pegged to the U.S. dollar that can be used to stabilize asset values.
  • Tether (USDT) : Another USD-pegged stablecoin widely used in cryptocurrency trading.
  • Dogecoin (DOGE) : A popular cryptocurrency known for its adorable dog mascot.
  • Ethereum (ETH) : One of the most important cryptocurrencies in the DeFi ecosystem.
  • Bitcoin (BTC) : The world’s leading cryptocurrency with high liquidity and market capitalization.
  • SafeMoon: A cryptocurrency popular for its community governance and automatic liquidity addition features.
  • CAKE: PancakeSwap’s native token, which can be used to vote, participate in yield farming, and pay transaction fees.
  • ALPHA: A token issued by Alpha Finance Lab, focusing on yield farming and asset management.
  • NULS: A blockchain platform for enterprises and developers, providing support for cross-chain communication and smart contracts.

How to trade

To trade cryptocurrencies on PancakeSwap, users need to:

  • Connect a compatible wallet, e.g. MetaMask or Trust Wallet.
  • Have enough funds to cover transaction fees and purchase cryptocurrencies.
  • Select the cryptocurrency pair you want to trade (e.g. BNB/USDT).
  • Enter the transaction amount and confirm the transaction.

Once a transaction is confirmed, it is processed on the blockchain and recorded in the transaction record.

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