Last updated 2025-09-16 03:55:17 (UTC)
ApplyPancakeSwap (V2) is a popular decentralized exchange (DEX) allowing BEP-20 token swaps on the BNB Chain. It is the biggest exchange of the BNB Chain ecosystem and one of the top DEXs by market share. The exchange employs an automated market maker (AMM) model, allowing users to trade against a liquidity pool. You can become a liquidity provider and receive LP tokens, which entitle users to a share of the exchange's trading fees.
LP token holders can also engage in yield farming to earn CAKE, the exchange's utility token. The token can be staked in so-called ‘Syrup Pools’ with flexible or fixed-term staking. Flexible staking allows users to unstake at any time, while fixed-term staking maximizes yield and locks up tokens for up to 52 weeks.
Furthermore, PancakeSwap (V2) offers a lottery, where users can win prizes in CAKE. On the NFT marketplace, collectibles can be traded, and with the NFT Profile System, users can set up personalized profiles. There is also a perpetual trading exchange, developed in partnership with ApolloX, that offers futures trading of several popular token pairs without an expiry date. Users can trade popular token pairs with leverage to enter a bigger position than their account balance.
The PancakeSwap (V2) founders are anonymous and head a two-dozen strong team of anonymous "Chefs" working in the exchange's "Kitchen." The exchange is open-source and has been audited by reputable security firms like Certik and Slowmist.
PancakeSwap (V2) launched in September 2020.
As it is a decentralized exchange, the team works remotely. However, according to Crunchbase, PancakeSwap has its headquarters in Fukuoka, Japan.
There are no restricted countries or regions since the exchange is decentralized. However, the following countries and regions are geoblocked: Cuba, Iran, Zimbabwe, Iraq, Crimea, Syria, Sudan, Belarus and the Democratic Republic of Congo.
All BEP-20 tokens can be traded, as well as several popular futures pairs, such as BTC/USDT, ETH/USDT, BNB/USDT, and all other big layer-one blockchains.
At the time of writing, token swaps incur a 0.25% trading fee, with 0.17% returned to the liquidity pools as a fee reward, 0.03% sent to the treasury and 0.05% sent towards a buyback and burn program.
The perpetual futures exchange allows leverage of up to 150X on the biggest trading pairs and 50X on smaller trading pairs.
Steps | How it works |
---|---|
Joining an Affiliate Program | Similar to traditional affiliate marketing, you start by join a crypto affiliate program by contacting a business development manager or access affiliate program homepage. |
Getting Your Unique Affiliate Link | Each program has its own requirements. Once you qualify, you will receive your unique affiliate link. It is with this link that you’ll promote the company’s products or services. |
Promoting Products/Services | You then promote the products or services through various channels, including blogs, websites, email newsletters, or social media platforms. |
Earning Commissions | When someone clicks on your affiliate link and completes a desired action (such as signing up), you earn a commission like a fixed fee per conversion or by percentage of transaction volume. |
Tracking and Analytics | You can see metrics such as clicks, conversions, and commissions earned. This enhances your marketing campaigns and generates better results. |
Eam passive income and achieve financial freedom