PancakeSwap (CAKE)

PancakeSwap is a decentralized cryptocurrency exchange platform that is responsible for exchanging tokens via the BEP-20 route. This platform is completely based on Binance Smart Chain and uses the DEFI system of decentralized finance. It also uses an automated market model that compares buy and sell orders with others in a liquidity sector, which allows it to show the price of each altcoin in real time.

PancakeSwap is considered the leader in exchange volume. Additionally, they use a gamification program (to obtain rewards) that distinguishes them from their competition. It is one more alternative within a wide range that includes other options such as Uniswap, Sushiswap and others.
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