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    Binance Launches First DeFi Project on Mobile Platform

    Binance has launched the first DeFi project on its mobile platform, the PancakeSwap Mini Program, lowering the barrier to decentralized finance.

    For Binance, the cooperation with PancakeSwap has opened the DeFi 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, etc. The PancakeSwap Mini Program provides an easy-to-use platform for users to have a Ce-DeFi experience.

    “CeDeFi is an important strategy for Binance’s development. As part of the strategy, the PancakeSwap Mini Program is only the beginning of integration of DeFi projects into the Binance ecosystem,” stated Binance Head of Product Mayur Kamat.  

    “In the future, the Binance Mini Program feature will be open to more decentralized projects, providing users with smooth Ce-DeFi experience.”

    PancakeSwap will be able to further improve the core DeFi trading experience on Binance and expand other products embraced by the community.

    “PancakeSwap Mini App and Binance DeFi Wallet will be rolling out to users over the next few days,” stated Binance in a press release.

    “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.”

    Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users. It features an unmatched portfolio of crypto products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more.

    About Binance Marketplace

    The Binance Marketplace provides DeFi applications outside of the Binance ecosystem an opportunity to be integrated within its platform while enabling users a seamless DeFi experience within a CeFi application. With the Binance Marketplace, the Binance App will become a super App, providing a one-stop user experience.

    About Binance DeFi Wallet

    The Binance DeFi Wallet is a non-custodial decentralized Web3 wallet within the Binance application. Together with the Binance DeFi Wallet, users can create a wallet, transfer funds, and use DApps – all within the Binance mobile application. Currently, the wallet supports transfers only to and from the Binance CEX spot wallet. This eliminates the need to copy, paste and check the wallet address for the withdrawal from the Binance CEX spot wallet and depositing back into it.

    About PancakeSwap

    PancakeSwap is the leading decentralized exchange and yield farm on BNB Smart Chain, with the highest trading volumes in the market. It is also the most popular decentralized platform by number of users. PancakeSwap’s goal is to help users make the most out of crypto in three ways: Trade, earn and win – it has since expanded its product suite with Prediction, NFT Marketplace, IFO, and more. To learn more about PancakeSwap, please visit pancakeswap.finance and docs.pancakeswap.finance.

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