PancakeSwap Mini-Program in Binance
Binance announced the launch of the first DeFi project on its mobile platform, the PancakeSwap Mini Program. The Mini Program will start rolling out today and will be gradually open to all users of the Binance app over the next few days.
PancakeSwap is currently the most popular decentralized platform by users and trading volume. Its Mini Program launched in the Binance mobile application will lower the barrier to decentralized finance and provide an important opportunity for Binance users to explore the DeFi world.
Along with PancakeSwap, Binance is also announcing the Binance DeFi Wallet, a non-custodial decentralized Web3 wallet within the Binance application. Users can access the Binance DeFi Wallet from the latest version of the Binance App to create a DeFi wallet, transfer funds, and use DApps such as PancakeSwap. The Binance DeFi wallet experience is designed to simplify the onboarding and fund transfer process for new users, making it very easy to switch between Binance and DeFi, without worrying about selecting certain blockchains or copy/pasting the right addresses.
For Binance, the cooperation with PancakeSwap has opened the DeFi world for users in the Binance ecosystem. New crypto users may not have the experience of creating a Web3 wallet, adding liquidity, staking, trading a wide variety of assets, participating in decentralized IFOs, etc. The PancakeSwap Mini Program provides an easy-to-use platform for users to have a Ce-DeFi experience.
Binance Head of Product Mayur Kamat said, “CeDeFi is an important strategy for Binance’s development. As part of the strategy, the PancakeSwap Mini Program is only the beginning of integration of DeFi projects into the Binance ecosystem. In the future, the Binance Mini Program feature will be open to more decentralized projects, providing users with smooth Ce-DeFi experience.”
For PancakeSwap, integrating with the most popular centralized ecosystem in the world enables it to educate and attract more users into the decentralized world. Through broad asset depth and liquidity, PancakeSwap will be able to further improve the core DeFi trading experience and expand other products embraced by the community.
“As the first DeFi project to launch a Mini Program, we have been working closely with Binance in the past few months. As we unveil more features and activities, we will also work together to improve the user experience of our DeFi products,” said Chef Snowball, Head Chef at PancakeSwap.
PancakeSwap Mini App and Binance DeFi Wallet will be rolling out to users over the next few days. Users can scroll down from the top of the Binance App homepage to find the Mini Program Marketplace, where they can find PancakeSwap. Alternatively, users can search from the Mini Program Marketplace.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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