What are the fees associated with trading on PancakeSwap exchange?

1 answers

• Jan 05, 2022 · 3 years ago
  Trading on PancakeSwap comes with certain fees. The primary fee is the transaction fee, which is charged for every trade conducted on the platform. Additionally, there might be gas fees associated with interacting with the Ethereum network, as PancakeSwap is built on the Binance Smart Chain. These gas fees can vary depending on network congestion and the complexity of the transaction. It's important to note that PancakeSwap also imposes a 0.2% fee on each trade, which is distributed to liquidity providers and CAKE token holders. It's crucial to consider these fees when trading on PancakeSwap to ensure you have a comprehensive understanding of the costs involved and can make informed decisions.
  702351