Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
Cake
What Is PancakeSwap and How Does It Work?
PancakeSwap is a decentralized exchange (DEX) built on the BNB Chain. It allows users to trade cryptocurrencies in a decentralized manner without the need for a central authority or intermediary. Users can trade cryptocurrencies on PancakeSwap using the Binance Coin (BNB), CAKE, BUSD, or other cryptocurrencies as the base currency. The platform utilizes an automated market maker (AMM) model, which uses liquidity pools to determine the prices of the traded assets. To trade on PancakeSwap, users must first connect their…
Block Education
@BlockEducation
2 weeks ago 68 views