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How to use PancakeSwap DEX

All you need is a credit card to buy, sell, and swap crypto at this decentralized cryptocurrency exchange

How to use PancakeSwap

What is PancakeSwap?

PancakeSwap is the most widely used decentralized crypto platform. The service is used by more than 2.2 million customers per month, who make more than 26 million trades. PancakeSwap claims to have more than 3.4 billion euros staked in contracts – that is, total value locked, or TVL.

The PancakeSwap platform allows trading of any crypto on the Binance smartchain. 

PancakeSwap implements an automated market maker architecture, which relies upon user-supplied liquidity pools to support crypto swaps. That’s why it offers users passive income for staking tokens.

In addition to swapping, trading, and staking, PancakeSwap supports NFTs, initial farm offerings, yield farms, syrup pools, and other features.

The PancakeSwap’s native cryptocurrency is called CAKE. Users can buy CAKE at PancakeSwap, earn it from participating in farms and syrup pools, or win it in an on-site lottery. Of course the best way to purchase CAKE is to buy it at Kriptomat.

Launched in 2020 by anonymous developers, PancakeSwap allows holders of CAKE tokens to vote on governance proposals.


Year Established: 2020


Blockchain: bnb

How to use PancakeSwap DEX

Here’s the fast, easy way to get started with the PancakeSwap DEX.

  1. Download Kriptomat App
    To start using PancakeSwap DEX, download the Kriptomat app and create your account in minutes. It’s available on both iOS and Android.
  2. Go to your Web3 wallet
    Visit your Web3 wallet. It is the simplest way to access the Web3 world. Click Discover to find PancakeSwap among the most popular DEXs.
  3. Connect your Kriptomat Web3 wallet to PancakeSwap
    Open PancakeSwap and connect your Kriptomat Web3 wallet using WalletConnect. You can easily find Kriptomat among listed wallets and click Connect to confirm.
  4. Begin trading
    Now that you have connected your Kriptomat Web3 wallet, you are ready to begin swapping crypto at PancakeSwap.It’s just that easy!
Kriptomat App
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