Binance Now Integrates PancakeSwap and Kyber Network to Boost Liquidity

Crypto News– Binance proudly announces the successful integration of PancakeSwap (CAKE) onto the Ethereum (ERC20) network, as well as Kyber Network (KNC) onto the Polygon network.

Binance Now Integrates PancakeSwap and Kyber Network to Boost Liquidity

Effective immediately, deposits and withdrawals for PancakeSwap (CAKE) and Kyber Network (KNC) tokens are accessible on the Ethereum (ERC20) and Polygon networks respectively. This strategic integration is poised to bring substantial advantages to users within these networks, including heightened liquidity and improved accessibility.

The specific smart contract addresses for CAKE (ERC20) and KNC (Polygon) are as follows:

CAKE (ERC20): 0x152649eA73beAb28c5b49B26eb48f7EAD6d4c898

KNC (Polygon): 0x1C954E8fe737F99f68Fa1CCda3e51ebDB291948C

By effectuating these integrations, Binance further underscores its steadfast commitment to extending user access to a diverse array of cryptocurrencies and networks.

For the uninitiated, KyberSwap stands as the flagship product propelled by the Kyber Network. Functioning on the Ethereum platform, KyberSwap operates as a multi-chain decentralized exchange (DEX), facilitating transactions across its 12 supported networks, encompassing Ethereum, Polygon, BNB, Avalanche, and Optimism among others. KyberSwap is positioned to alleviate the liquidity challenges frequently encountered by DeFi traders, simultaneously elevating rewards for liquidity providers through highly capital-efficient pools.