Unequivocally cryptocurrency is all set to overtake traditional investment instruments such as the stock market, mutual funds, and FDs. Investors and traders are increasingly investing in cryptocurrency to earn better returns. Anchored by blockchain technology, cryptocurrency tokens have multiplied in recent years. Bitcoin, Binance coin, Tether, and Ethereum are some popular digital currencies preferred by crypto investors. However, choosing the best cryptocurrency exchange is a challenging task due to the availability of numerous exchanges and their features. In this guide, we will take a look at Binance vs PancakeSwap to help you select a perfect crypto exchange. Introduction: Binance vs PancakeSwap Before we go through Binance vs PancakeSwap comparison, let’s understand a bit about Binance and PanckakeSwap. What is Binance? Founded in 2017 by Changpeng Zhao, Binance is one of the world’s biggest crypto exchanges in terms of the trading volume. With a trading volume of $7.6 billion, it facilitates more than 1.4 million transactions per second. Based and Headquartered in the Cayman Islands, Mahé, Seychelles, it allows buying, selling, and trading cryptocurrency exchange. Binance provides an online wallet for users to store their digital assets. Binance witnessed a setback when 7,000 bitcoins worth $40 million were stolen in a large-scale security breach. It started its operation in Hong Kong but due to a ban on cryptocurre...
