Okcash • OK is now listed on PancakeSwap

[OKupdates]

https://okcash.news/okcash-ok-is-now-listed-on-pancakeswap-69629fd90d78
https://twitter.com/oktokencash/status/1605285414755241984

Okcash • OK is now listed on PancakeSwap



    OK is now listed on PancakeSwap over the BNB Smart Chain network.

Now you can trade OK on PancakeSwap at the different pairs:
OK/USDC
https://pancakeswap.finance/swap?inputCurrency=0xe9e7CEA3DedcA5984780Bafc599bD69ADd087D56&outputCurrency=0x523821d20a283d955f6205B4C9252779Cd0f964B

OK/wBNB
https://pancakeswap.finance/swap?inputCurrency=BNB&outputCurrency=0x523821d20a283d955f6205B4C9252779Cd0f964B



What is PancakeSwap?

PancakeSwap is a decentralized exchange native to BNB Chain. In other words, it shares some similarities with established platforms like UniSwap in that users can swap their coins for other coins without the input of middleman services.

The only difference is that PancakeSwap focuses on BEP20 tokens — a specific token standard developed by Binance.

The BEP20 standard is essentially a checklist of functions new tokens must be able to perform in order to be compatible with the broader Binance ecosystem of dapps, wallets and other services.


How PancakeSwap works

For those unfamiliar with the workings of decentralized exchanges, they use a special system known as an automated market maker (AMM) so the entire process does not require order books or a single, intermediary company to facilitate trading.

In essence, there is no need for an order matching system since traders trade against liquidity pools instead of counterparties. A liquidity pool in this context refers to funds deposited by investors — which can be anyone from around the world — into smart contracts for the aim of providing liquidity to traders.

With this system, buyers do not have to wait to be matched with sellers, or vice versa. Whenever someone wants to trade one token for another, they simply deposit the token they have into the pool and withdraw the other token they wish to receive.

Learn how to use PancakeSwap with this cool tutorial:
https://youtu.be/r7v2BG3rEXk

Learn more about OK:
https://okcash.co