PancakeSwap is a serious player in the field of Decentralized Finance (DeFi) sector, as this blockchain-based project is the most popular DEX (decentralized exchange) on the Binance Smart Chain. So, in a nutshell, PancakeSwap offers a decentralized alternative to crypto exchanges. The massive popularity of this DApp-solution can be explained by the great liquidity, fast-growing userbase, and a wide set of features to enable secure trading of Binance Coin (BNB) and a large variety of BEP-20 tokens. The core of PancakeSwap’s competitiveness lies in its automatized smart contract-based trading, speeding up the processes with increased safety as a bonus.