Crypto 101 📚 Centralized and Decentralized Exchanges
PancakeSwap is one of the commonly used DEXs on BNB Smart Chain, and $CAKE is its native token.
Uniswap launched on Ethereum in November 2018 and was one of the earliest decentralized exchanges to adopt AMM. $UNI is its governance token.
Don’t laugh at me—I only remembered this because I learned it the hard way.
$BNB is both a core token in the Binance ecosystem and the native currency used to pay gas fees on BNB Smart Chain.
PancakeSwap is one of the commonly used DEXs on BNB Smart Chain, and $CAKE is its native token.
Uniswap launched on Ethereum in November 2018 and was one of the earliest decentralized exchanges to adopt AMM. $UNI is its governance token.
Don’t laugh at me—I only remembered this because I learned it the hard way.
$BNB is both a core token in the Binance ecosystem and the native currency used to pay gas fees on BNB Smart Chain.
