{"id":225527,"date":"2022-03-17T22:00:35","date_gmt":"2022-03-17T22:00:35","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=225527"},"modified":"2022-03-17T19:05:54","modified_gmt":"2022-03-17T19:05:54","slug":"binance-app-to-integrate-pancakeswap-binance-defi-wallet","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/binance-app-to-integrate-pancakeswap-binance-defi-wallet\/","title":{"rendered":"Binance app to integrate PancakeSwap, Binance DeFi Wallet"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Binance, the world\u2019s largest centralized crypto exchange by trading volume, is announcing the integration of the popular PancakeSwap into Binance\u2019s app. PancakeSwap is currently the most popular decentralized platform by users and trading volume running on the BNB Chain, formerly Binance Smart Chain.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to a corporate <\/span><a href=\"https:\/\/www.binance.com\/en\/blog\/markets\/first-defi-project-on-binance-the-pancakeswap-mini-program-bringing-the-cefi-and-defi-ecosystem-together-421499824684903585\"><span style=\"font-weight: 400;\">blog post<\/span><\/a><span style=\"font-weight: 400;\">, Binance\u2019s integration of PancakeSwap will allow app users to seamlessly use PancakeSwap within the Binance Application \u2013 the first DeFi project to launch the PancakeSwap Mini Program.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, <\/span><a href=\"https:\/\/cryptoslate.com\/companies\/binance\/\"><span style=\"font-weight: 400;\">Binance<\/span><\/a><span style=\"font-weight: 400;\"> will integrate more dapps to allow users to experience DeFi within an easy-to-use CeFi platform. Together with the Binance DeFi Wallet, also announced in the blog post, users can create a wallet, transfer funds, and use dapps \u2013 all within the Binance mobile application.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The PancakeSwap Mini Program will start rolling out today and will be gradually open to all users of the Binance app over the next few days.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Announcing the non-custodial Binance DeFi Wallet<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">PancakeSwap is currently the most popular decentralized platform by users and trading volume. Its Mini Program launched in the Binance mobile application will, according to Binance, lower the barrier to decentralized finance and provide an important opportunity for Binance users to explore the DeFi world.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Along with the integration of <\/span><a href=\"https:\/\/cryptoslate.com\/is-pancakeswap-about-to-make-a-comeback-partnership-teased-with-reveal-coming-soon\/\"><span style=\"font-weight: 400;\">PancakeSwap<\/span><\/a> (<a href=\"https:\/\/cryptoslate.com\/coins\/pancakeswap\/\">CAKE<\/a>)<span style=\"font-weight: 400;\">, Binance is also announcing the Binance DeFi Wallet, a non-custodial decentralized crypto and 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.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Binance DeFi wallet experience is designed to simplify the onboarding and fund transfer process for new users, making it \u201cvery easy\u201d to switch between Binance and DeFi, without worrying about selecting certain blockchains or copy\/pasting the right addresses.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As per the announcement, for Binance, the cooperation with PancakeSwap has opened the <\/span><a href=\"https:\/\/cryptoslate.com\/cryptos\/defi\/\"><span style=\"font-weight: 400;\">DeFi<\/span><\/a><span style=\"font-weight: 400;\"> 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, et cetera. The PancakeSwap Mini Program provides an easy-to-use platform for users to have a Ce-DeFi experience.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">\u201cPancakeSwap Mini Program is only the beginning\u201d<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Binance Head of Product Mayur Kamat said, \u201cCeDeFi is an important strategy for Binance\u2019s development. As part of the strategy, the PancakeSwap Mini Program is only the beginning of the 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 CeDeFi experience.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cAs 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.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Rebranding Binance Smart Chain to BNB Chain<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Only a month ago, as previously <\/span><a href=\"https:\/\/cryptoslate.com\/binance-ditches-the-binance-in-binance-smart-chain\/\"><span style=\"font-weight: 400;\">reported<\/span><\/a><span style=\"font-weight: 400;\"> by CryptoSlate, Binance decided to change the name of their blockchain system from Binance Smart Chain to BNB Chain, in what seemed to be an effort to distance the \u201cBinance\u201d from the chain.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Though not included in the official <\/span><a href=\"https:\/\/www.bnbchain.world\/en\/blog\/bsc-is-now-bnb-chain-the-infrastructure-for-the-metafi-universe\/\"><span style=\"font-weight: 400;\">announcement<\/span><\/a><span style=\"font-weight: 400;\"> blog post, Binance CEO Changpeng \u201cCZ\u201d Zhao has previously tweeted that the BNB token should be named \u201cBuild N\u2019 Build\u201d, not Binance Coin as most people know it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The relationship between the <\/span><a href=\"https:\/\/cryptoslate.com\/coins\/bnb\/\"><span style=\"font-weight: 400;\">BNB<\/span><\/a><span style=\"font-weight: 400;\"> token and the now BNB Chain makes the name change somewhat logical. BNB progressed from a native token of the Binance exchange used primarily for trading, into a gas fee token and the main asset of the BSC network \u2013 much in the same way ether, the token (<\/span><a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\"><span style=\"font-weight: 400;\">ETH<\/span><\/a><span style=\"font-weight: 400;\">) is related to the Ethereum blockchain, a native token primarily used for paying gas fees.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Today, BNB is used by hundreds of dapps, listed on several exchanges, and held by millions of users. BNB is currently ranked number four and is one of the most popular cryptocurrencies with over $65 billion in market cap.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance, the world\u2019s largest centralized crypto exchange by trading volume, is announcing the integration of the popular PancakeSwap into Binance\u2019s app. PancakeSwap is currently the most popular decentralized platform by users and trading volume running on the BNB Chain, formerly Binance Smart Chain. According to a corporate blog post, Binance\u2019s integration of PancakeSwap will allow [&hellip;]<\/p>\n","protected":false},"author":962,"featured_media":225545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46940,77472,39,5789,6849],"tags":[76230,77399,76675,75597,76677],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance app to integrate PancakeSwap, Binance DeFi Wallet<\/title>\n<meta name=\"description\" content=\"Binance is about to integrate the PancakeSwap DEX into its app. Also the exchange is announcing the non-custodial Binance DeFi Wallet for users to switch between Binance and DeFi.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/binance-app-to-integrate-pancakeswap-binance-defi-wallet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance app to integrate PancakeSwap, Binance DeFi Wallet\" \/>\n<meta property=\"og:description\" content=\"Binance is about to integrate the PancakeSwap DEX into its app. Also the exchange is announcing the non-custodial Binance DeFi Wallet for users to switch between Binance and DeFi.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/binance-app-to-integrate-pancakeswap-binance-defi-wallet\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-17T22:00:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-17T19:05:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/binance-pancakeswap-defi-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Laszlo Dobos\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Laszlo Dobos\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/binance-app-to-integrate-pancakeswap-binance-defi-wallet\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/binance-app-to-integrate-pancakeswap-binance-defi-wallet\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/laszlo-dobos\/#person\",\"name\":\"Laszlo Dobos\",\"url\":\"https:\/\/cryptoslate.com\/author\/laszlo-dobos\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/laszlo-dobos\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/laszlo-dobos\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/lars-dobos-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/lars-dobos-author-300x300.jpg\",\"caption\":\"Laszlo Dobos\"},\"jobTitle\":\"Reporter\",\"description\":\"Educated in computer engineering, Laszlo began developing an interest for crypto and blockchain technology back in 2013. 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