The synergy between centralized and decentralized platforms gives users the best of both worlds.
Binance improves DEX exchange in the app
Binance has integrated PancakeSwap’s decentralized exchange (DEX) platform into the search interface of the Binance mobile app. With this integration, users can now be redirected to the PancakeSwap DEX when searching for tokens not available for trading on the Binance exchange. Tokens can then be traded on the DEX through the app, which is currently in beta with a limited token list.
The integration was captured in PancakeSwap’s monthly report for July. Back in March, PancakeSwap announced a partnership with Binance to launch the PancakeSwap mini program. The built-in implementation of PancakeSwap allows users to directly access PancakeSwap without having to leave the Binance Mobile app.
Search integration gives users more ways to access the PancakeSwap mini program, allowing them to enjoy the benefits of centralized and decentralized finance (CEDEFI) from a single application. The CEDEFI partnership between Binance and PancakeSwap now allows users to open a Binance DeFi wallet and use PancakeSwap’s utilities such as trading, yielding, adding or removing liquidity, and in-app staking Binance mobile.
PancakeSwap claimed in the July monthly report that it will continually update the mini-program with more features. The platform believes that its mini program will expand its user base and help bring new users into decentralized finance.
What is PancakeSwap:
PancakeSwap is a decentralized exchange (DEX) built on the BNB chain. It provides users with various features like Cash Pools, Exchange, Yield Farming, Syrup Pools, Automated Market Maker, Initial Farm Offering (IFO), NFT Profile System and many others.
Additionally, the protocol helps users get the most out of their crypto assets by trading, earning through yield farming, and earning through lottery, prediction, and NFT collectibles. With the highest trading volumes in the market, PancakeSwap is the leading DEX on the BNB chain.
Where to find PancakeSwap:
Website | Twitter | Medium | GitHub
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