PancakeSwap has seen a lot of interest in recent weeks. Essentially a clone of Uniswap, PancakeSwap provides a very similar user experience to Uniswap. However, with rising Ethereum transaction fees and network congestion, a serious automated market maker (AMM) competitor was bound to emerge. There have been several attempts to copy the #1 AMM on Ethereum. However, the first-mover advantage and strong fundamentals have kept Uniswap in the spotlight for several months. Until recently, that is, when PancakeSwap rose to prominence seemingly overnight. The space has seen a huge wave of adoption and trading volume galvanized by the Binance Smart Chain community. But, how do PancakeSwap vs Uniswap stack up against each other?
Users of centralized trading platforms may take the many tools, visualizations, and data made available to make trading simple for granted. Decentralized exchanges (DEXs) have become a popular alternative to centralized exchanges (CEXs) due to the appeal of self custody, and the absence of intermediaries. However, what is somewhat absent in the DeFi space is a professional decentralized trading platform. UniLayer claims to be a “next-generation decentralized trading” platform built on top of popular DEX, Uniswap. With the use of the native ERC-20 LAYER token, UniLayer lets users take advantage of professional-level trading features and apply them in the world of DeFi, without the need for a third-party.
Uniswap is arguably the most popular decentralized exchange (DEX) on the Ethereum network, boasting over $2.7 billion in total value locked (TVL) at the time of this writing. To be more specific, Uniswap is an automated market maker (AMM). It allows anyone to swap ERC-20 tokens without having to find a buyer or seller on the other side of the trade.
If you’ve ever had to do with cryptocurrencies, odds are you’ve come across at least one cryptocurrency exchange. In fact, according to CoinGecko, there are 418 crypto exchanges available where users can buy and sell their cryptocurrency. That is an overwhelming amount to choose from, with some unregulated and scam exchanges lurking in the corners. We don’t want our readers to lose out in any way, so we’ve compiled a list of the top cryptocurrency accounts as we head into next year. Without any further ado, let us, therefore, take a look at the “top crypto exchanges 2021” to use when entering the crypto space or managing your crypto funds.