Are pancakeswap transaction fees expensive?
- James BondOriginal
- 2024-10-01 14:20:32900browse
PancakeSwap transaction fees are low at 0.2%, of which 0.17% is allocated to liquidity providers and 0.03% is used to buy back and burn CAKE tokens. PancakeSwap deposit time depends on the network and amount. BEP-20 network usually takes 10-30 minutes to deposit, while ERC-20 network may take several hours or more.
Are PancakeSwap transaction fees expensive?
No, PancakeSwap’s transaction fees are relatively low. PancakeSwap charges a 0.2% trading fee, of which 0.17% is allocated to liquidity providers and 0.03% is used to buy back and burn CAKE tokens. This fee is low compared to other decentralized exchanges.
How long does it take for PancakeSwap recharge to arrive?
PancakeSwap recharge time depends on the network used and the recharge amount.
- BEP-20 network recharge: Usually received within 10-30 minutes, the specific time depends on the degree of network congestion.
- ERC-20 network recharge: Due to the need for cross-chain bridge transmission, it may take several hours or longer to arrive.
For large deposits, it may take longer to arrive. It is recommended to check the network status before recharging to avoid delays caused by network congestion.
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