PancakeSwap (CAKE) Gets Listed on KuCoin!
02/20/2021, 11:14:14
Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. PancakeSwap (CAKE) is now available on KuCoin. Supported trading pair is CAKE/USDT.
Please take note of the following schedule:
- Deposits Effective Immediately
- Trading: CAKE/USDT: 10:00 on February 20, 2021 (UTC)
- Withdrawal: 11:00 on February 22, 2021 (UTC)
Project Summary:
PancakeSwap is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker (AMM) model where users trade against a liquidity pool. Such pools are filled with users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees.
Official Website: https://pancakeswap.finance/
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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