Looking at 50 reviews, most reviewers were dissatisfied with the overall experience, reflected in the 1.4 average rating. A small minority describe exchanges as smooth and fast, and some praise the platform as a useful decentralised exchange. One reviewer also highlights liquidity pools and community guidance for newcomers....
Reviewers repeatedly report being able to buy tokens but not sell or swap them, including failed transactions and alleged losses after connecting wallets. Many also describe frozen balances, rejected withdrawals, missing staking or liquidity rewards, and expensive or charged fees for unsuccessful transactions. Support and complaint handling are recurring concerns, with reviewers citing no response, limited contact options, or unresolved verification and asset-recovery issues.
Unfortunately I found out the hard way as I tried a few times as I tried with different coins. Cannot sell them as they lock it that way. Everything is a scam on this platform. Stay far away and never connect your wallet with them.
Very Good decentralised exchange
They sell fake version of existing token where you have no option to sell later
Very expensive fees
Bonjour, l'orsque je transfert mes jetons ils me disent que ces pas compatibles avec panecake v3. Aucune aide et aucun renseignement
I WAS obsessed with this DEX; I provided liquidity, staked a bunch of cake for voting power and 90%+ compounding APY, I bought 2 crypto url domain names, made a public profile, etc. This was my go-to DEX. Then came the emission reduction to lower the amount of cake being distributed to stakers. I thought, no big deal. Deflationary coin = good. But I guess I was a little annoyed they waited until a bunch of users locked their 90% apy coins for 1 year before floating the idea of lowering it to 70%. Whatever I guess... But then comes the launch of V3. There was a promotional airdrop for users who provided at least 1000 in liquidity. I provided the liquidity but never got the airdrop. I thought, no big deal. I'll just send a message to their twitter "support" thing. But never got a response. It's fine, they must be busy I guess. Whatever. But then comes the 3% APY in the locked cake coins. I thought, wait what? This was triple digits APY and now it's 3%?? That's seems like a lot. But whatever, I thought, that much of a reduction in the APY must mean the coin is worth so much more! Can't wait to check the price... oh, it lost 73% since I locked my cake coin. Lol. Ok this is kinda dumb. But then I discover beefy, Trader joe, retro gamma, and pearl. My cake was unlocked like a week ago and I dumped it so fast it made MY head spin. And I did it on BiSwap to minimize the fees pancakeswap would've gotten. Do NOT waste your time here. Check out Beefy vaults, Retro gamma, and pearl for much better opportunities, and platforms that actually respect their users.
I believe I am well versed with most prediction markets in the crypto space. Pancake-swap is on the lower side the list. Why? Predictions Are Off: The predictions were consistently wrong during my time using the platform. It's frustrating to rely on something that can't deliver accurate forecasts. I ended up losing money because of it. Tough to Use: The platform's user interface is clunky and not user-friendly. A smoother experience would be a big improvement. Limited Choices: There aren't many assets to predict on PancakeSwap. This limits your ability to diversify your investments. More options would be great. Low Liquidity: If the pools have no money in them you get bad multipliers. Pancake-swap knows that and keeps them low on purpose. PancakeSwap's prediction feature is a letdown. It gives inaccurate predictions, lacks important info, has a clunky interface, and doesn't offer enough choices. I'd suggest looking elsewhere for better predictions and a smoother experience.
Low liquidity coin, big inflation thats why price is always dropping, only for experienced traders
Dismayed. The new management has made a mess of this DEX and the price of Cake has tanked. I have lost respect for this platform.
DEX #1 on the BNB Chain, renowned for its vibrant community that provides comprehensive support to newcomers in the DeFi ecosystem, guiding them through essential steps and recommended tools. Additionally, the platform has expanded its presence on other chains such as ETH, Aptos, and Polygin zkEVM, showcasing a commitment to continuous growth and adaptability. The Development Team, referred to as "Chefs," comprises dedicated and skilled professionals who work tirelessly to deliver top-tier features to their user base and the enthusiasts of the CAKE token.
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