Why do some exchanges require you to register an account, while others let you use them just by connecting your wallet?
My understanding: CEXs generally offer fiat on-ramps, customer support, and account recovery services, but you have to trust the platform to keep your assets secure and manage them properly.
PancakeSwap is one of the commonly used DEXs on BNB Smart Chain, and $CAKE is its native token.
$BNB is the main token in the Binance ecosystem, as well as the native coin used to pay gas fees on BNB Smart Chain. Its current price is 719.02.
My understanding: CEXs generally offer fiat on-ramps, customer support, and account recovery services, but you have to trust the platform to keep your assets secure and manage them properly.
PancakeSwap is one of the commonly used DEXs on BNB Smart Chain, and $CAKE is its native token.
$BNB is the main token in the Binance ecosystem, as well as the native coin used to pay gas fees on BNB Smart Chain. Its current price is 719.02.