by BSC News
June 25, 2022
We tried PancakeSwap’s prediction, and here is how you can do it too.
PancakeSwap offers price prediction for $BNB, the native token of the BNB Chain, on its platform for punters to try their luck. We tried this product, and here is the walk-through from a first-person’s perspective. To get started, head over to PancakeSwap site and then follow the steps below:
- Multiplier
- Risk/Reward ratio
- Prize Pool
- Countdown Timer
- First, if the previous phases have moved in the same direction, a reversal will likely occur. A reversal is often indicated by a smaller increase/decrease compared to the previous phases.
- Secondly, if the general sentiment of the market is bullish and the momentum is trending upwards, do not bet against the market.
- If the multiplier is high, risky picks can be compensated.
PancakeSwap is a Decentralized Exchange (DEX) built on the BNB Chain. It offers users various features such as Liquidity Pools, Swapping, Yield Farming, Syrup Pools, Automated Market Maker, Initial Farm Offering (IFO), NFT profile system, and many others.
In addition, the protocol helps users make the most out of their crypto assets by trading, earning through yield farming, and winning via lottery, prediction, and NFT collectibles. PancakeSwap is the leading DEX on the BNB Chain with the highest trading volumes in the market.
Where to find PancakeSwap:
Website | Twitter | Medium | GitHub |
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