NASDEX TO BE LISTED ON PANCAKE•SWAP

NASDEX TO BE LISTED ON PANCAKE•SWAP

NASDEX, The user friendly decentralized exchange that encourage the trading of Asian stocks on-chain is coming to Pancake Swap, the decentralized exchange that allows you to trade cryptocurrencies and tokens without a centralized intermediary, keeping custody of your tokens all the while.

More About PANCAKE SWAP

PancakeSwap is part of the rising wave of DeFi services that enable crypto traders to conduct transactions with trade tokens without a middleman taking a significant cut of the funds.

PancakeSwap is a decentralized exchange that allows you to trade cryptocurrencies and tokens without a centralized intermediary, keeping custody of your tokens all the while. It is built on automated smart contracts deployed on Binance Smart Chain, the blockchain platform run by crypto exchange Binance.

Even though Binance operates a centralized exchange service, it does not control or operate PancakeSwap – it was built by anonymous developers. The service looks and feels very similar to the popular Ethereum DEX, Uniswap. PancakeSwap is used specifically for BEP-20 tokens running on Binance Smart Chain, although it’s possible to bring over tokens from other platforms via Binance Bridge and “wrap” them as a BEP-20 token for use on the DEX.

BENEFITS OF THIS LISTING

• Short Transaction Time as compared to other Chains/DEXES
• Lower and very affordable gas fees as compared to other Chains/DEXES
• More daily performable transactions than most DEXES
• Pancake Swap’s $CAKE will be imbibed to NASDEX crypto/equity cross-trading
• PancakeSwap introduces automated market maker (AMM) to NASDEX. This is the use of algorithms to run the pools making PancakeSwap an automated market maker. Meaning that users can swap $NSDX with other tokens on the go including receiving liquidity tokens.

This is one of many on the menu of NASDEX listings.

Source: https://medium.com/@Machiinnar/nasdex-to-be-listed-on-pancake-swap-6c6ccee055f8?source=rss——cryptocurrency-5