Develop an Incredible Exchange Platform like PancakeSwap

Scott
Security Token Offering
4 min readMar 25, 2021

An Exchange platform, like PancakeSwap, is a DeFi powered Decentralized Exchange (DEX) developed using Binance Smart Chain (BSC) for BEP-20 token swap. The decentralized Exchange, like PancakeSwap, is created with Automated Market Maker (AMM) and Decentralized Applications (DApps) for fast and low transaction fees.

The PancakeSwap exchange is a food-themed Decentralized Exchange trending in the crypto world since the end of 2020. It is specially developed and designed to improve the user experience and contribute to the DEX platform usage. The cryptocurrency exchange platform offers significant features like swapping, a lottery system and a liquidity pool.

What does DeFi like PancakeSwap Development mean?

The DeFi like PancakeSwap development is globally trending since it is designed based on food theme tokens with decentralized exchanges’ ultimate performance. The food-based Pancake-token runs on Binance Smart Chain by providing an efficient service like yield farming, Automated Market Making with exciting features to improve the share of token usage. It is mainly focused on the betterment of user experience and its contribution to the DEX platform.

Efficient features of Exchange Platform like PancakeSwap :

Staking and Yield Farming :

An Exchange Platform like PancakeSwap intensifies yield farming by holding cryptocurrency in pools to offer liquidity for other crypto traders, and the DeFi platform rewards them with Pancake-tokens. Liquidity pool tokens do support yield farming during the trade.

Exchange Process :

The DEX platform, like PancakeSwap, is developed with decentralized Exchange based on the AMM model. The Automated Market Makers ensures to remove order books from the trading platform. A platform like PancakeSwap is not limited to swap and trade.

Lottery System :

The users holding Pancake-tokens from yield farming or another way can involve in the lottery exchange system on PancakeSwap. The user needs to have at least one pancake token to participate in a lottery exchange.

NFTs :

It has unique features that help users to earn using Binance Smart Chain.

Swapping :

Swapping lets the user swap BEP-20 or other crypto-tokens with other traders and also earn tokens.

Liquidity Pool :

The user can deposit their crypto-tokens in this pool for earning the trade fee from trading that happened inside.

Voting System :

The users and token-holders need to have the right to vote for correcting the error or minor changes to be updated in the DeFi platform like PancakeSwap.

Bug Bounty Source :

The users are allowed to find bugs or errors in the DEX platform for availing of rewards.

Profile Updation :

The user can create their profile and update it for accessing the trade using the DeFi platform.

Structured Components of DeFi Platform like PancakeSwap :

  • Payment transaction gateway.
  • Crypto-Wallet Exchange.
  • High-level security process.
  • Highly intensified consensus mechanism of Blockchain.
  • Smart Contract System.
  • Efficient Liquidity Pools.
  • Safe and secure exchange APIs.
  • Swap Mechanism Process.

Stunning development process like PancakeSwap :

  • Integration Exchange API.
  • Developing and deploying DeFi-Smart Contract.
  • Crypto-Wallet Initialization.
  • Eye-catchy UX & UI designs.
  • Instant solutions for liquidity pools.
  • Payment transaction integration.
  • Affiliate link programs.
  • Yield farming methods.
  • Staking Integration of APIs.

Reasons to choose a Decentralized platform like PancakeSwap :

  • Attractive menu bars.
  • Stage-wise Integration.
  • Highly customized dashboard.
  • Efficient Liquidity Portals.
  • Reward System.
  • Improved Portfolio.
  • High-level security.
  • Compatible with Chrome Plugins.
  • Safe and Secure payment gateway.

How efficiently does our DEX, like PancakeSwap, work?

Our Exchange platform, like PancakeSwap, maintains high-level security and transparency among users to have hassle-free access. The traders can operate this DEX platform for transactions to take place without any traffic occurring. It allows the user to engage round the clock during an exchange in trading. Read further to know how efficiently it works.

— Integrate your crypto-wallet like Metamask or Walletconnect to our DeFi like PancakeSwap initially and begin to trade, liquidity and swap.

— The traders can decide whether to start with the trade or earn through liquidity after registering inside the DeFi platform.

— The traders are notified for choosing the units to be transferred, like Ethereum (ETH) to Bitcoins.

— Select the Swap or Pool for the transaction to take place instantly.

— Traders involved during the pool in the marketplace will receive LP tokens as an additional reward.

Why prefer Blockchain App Factory for Exchange like PancakeSwap?

We at Blockchain App Factory have been the leading industry in the Blockchain platform for several years. Our professional developers are highly skilled and specialized in developing DeFi platforms like PancakeSwap using Binance Smart Chain. We have happy clients satisfied exceptionally with our work and experienced their business growth in less time. Still, wondering how to get started? Just get connected with our team to avail the best benefits for your future business growth :

  • Technical Support round the clock.
  • White-label solutions.
  • Hassle-free, safe and secure access.
  • High-level security initialized.
  • Easy customization and scalable.
  • Professional Experts in Blockchain Platform

Originally published at https://www.blockchainappfactory.com on March 25, 2021.

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