Just a matter of time until UNISWAP (ETH) got beaten by PancakeSwap (BSC)

[CutePanda]

I hope that will really gonna be a reality soon, I hope that all of Binance tokens are gonna explode such as pancake, BAKE, and BNB.
Their development are doing very great and keep developing new project which is very very promising,
if ETH doesn't wanna get beaten by BSC they really need to work and be serious with the new project, and start to announce when will ETH 2.0 will be release.

[Billo_]

As a famous decentralized exchange, a change to Binance doesn't seem realistic because Uniswap is a decentralized exchange. Ethereum might have high fees currently, but it is very decentralized.

What could happen is like here, where Sushiswap changed to Avalanche, a very good platform for Defi: https://cryptofinancialtimes.com/2021/03/16/ethereums-top-decentralized-exchange-heads-to-rival-avalanche/
Avalanche is decentralized and has low fees but Avalanche is only position 25 at Coinmarketcap. 

[criket]

I am sure it is exceeded now.
who also will trade with very expensive transaction fees if not with a large nominal value or indeed rich people with large trades.
PancakeSwap provides a better solution with BSC. now Pancake has many users and the volume is also growing. not to mention the many events also from BSC and binance. it makes a lot of projects also move from the ethereum chain to the BSC.

[southerngentuk]

I do not compare things like price or anything like that, for me the experience of using good results is the most important thing. And PancakeSwap is doing a lot better than UniSwap right now, when we have to incur stupid fees, using PancakeSwap brings things a lot better, many people are still hoping for updates. Continued on ERC20, but until all is resolved we still have to accept the high fees. So BSC is doing very well and at the right time that users need.

[leea-1334]

As a famous decentralized exchange, a change to Binance doesn't seem realistic because Uniswap is a decentralized exchange. Ethereum might have high fees currently, but it is very decentralized.

It is just going to switch the network not the platform but I do agree somewhat, to choose Binance Smart Chain over Ethereum is a very shortsighted move. It is like moving to Bitcoin Cash from Bitcoin just because you get faster confirmations and cheaper fees. I really do not think that kind of move is sustainable.

[dogtana]

Rightfully so because the fees on Pancake are acceptable.

[el kaka22]

I think there is no need for one to beat the other in order to be claimed good, both can be good and both can be used, I do agree that uniswap is doing worse right now compared to what it can do all because of eth tx fee but that doesn't change the fact that it is truly a decentralized exchange and it provided a lot stuff for people that didn't existed before. Whereas pancakeswap managed to do the same things but on the binance smart chain and with basically nearly free cost and that is why it looks like it is doing much better.

There is nothing that people should be ashamed of, I think it is quite good that both of them are doing great and if you want to invest you can invest into both of them and make money. I believe they will both go up a lot, and not just a bit, I mean at least 10x will happen very soon as long as they continue to be used like this.

[shinratensei_]

Rightfully so because the fees on Pancake are acceptable.

Agreed and it looks like there will be a competition between pancake and sushi as some demands on ethereum were also moving to the avalanche blockchain. The daily trade volume of pancake swap is always getting increase anytime.
It's just a matter of time until miners will be burning ethereum to the hell with their greediness. Ethereum miners didn't yet realize the potential for them get nothing when more and more big platforms decided to exodus into another chain.

[kotajikikox]

As usual, i hate talk bullshit, here is the proof of user who registered and using UNISWAP (ETH) vs PancakeSwap (BSC)



Binance to the MOOOOOOONNNNN!!!

But Does Pancake Platform had Been attacked recently? I mean Phishing attack? that's why the Price drops some bad amount .. Or i missed this part?

Pancake Had Been Growing Good and Good since the Later part of 2020 and now since January it has been climbing and trying to Beat the Ethereum Network.

I consider this a good thing, when BSC starts to get popular ETH gas price has decreased significantly from 300 gwei to 100 gwei now in average. After all even if pancakeswap did overtake uniswap in term of total trading volume no one's gonna get harmed. Imagine if BSC didn't start to get popular the eth fee might still be tremendous.

Thats the Good effect when ETH already Threaten by BSC presence Now the Fees decreased lower more than 30% from the former Highest .

[crwth]

Since I like Pancake so much, I'm going to try to learn what it can do with this. Lol.

Kidding aside, I haven't tried using either of them and have no clue yet what I could do with it. I'm currently reading online guides to how I could earn with this as well. It seems like it's a nice investment to have too. Knowing that CAKE is still on its low potential, I guess. 

[Renampun]

to be honest, I was a little disappointed with the swap platform..
Swap platforms are known to be very weak with liquidity, there are many cases where fraudulent coins are intentionally created to only attract buyers at the start and then run away. indeed the pancake swap will definitely shift the uniswap because many have moved to the pancake swap and of course because of the cheap transaction fees.

[jostorres]

Does Pancake Platform had Been attacked recently? I mean Phishing attack? that's why the Price drops some bad amount .. Or i missed this part?

Pancake Had Been Growing Good and Good since the Later part of 2020 and now since January it has been climbing and trying to Beat the Ethereum Network.

It is not because pancake threatens eth, it is because people moved to bsc and that is why there are less people on eth and because there are less people that means less people move money around and when less money is moved around it costs less to move it around as well. That is just simple math, just leave 1 person who moves money around in eth and it will be free, but when you have millions it starts to cost a lot, sending some of that money to BSC helps eth to unload some of those transactions and get cheaper.

It means it is not about competition, it is not about how bsc is good and that is why eth tries to be good, it is just about sharing that huge defi load with many different blockchains, get tron and others to carry some of eth's load as well and you will have under few dollar movements in eth, so far only bsc helps and it managed to drop decently.

[wxxyrqa]

as always, there are practically as many opinions as there are people who are discussing this issue. for me personally, none of the resources are attractive to use at this time, although in fact I am only familiar with uniswap. Although if we consider them as investments, then you can get a fairly good profit. I don't know how things are with Pancake, but high commissions on uniswap, automatic ones, push me away from this resource.

[mdzahed134]

I think PancakeSwap were able to enter the market at the right time because many users disappointed to see ETH higher network fee and i think small holders fallen into a kind of trap because they can't bearing such ridiculous transaction fee. So many users are attracted to use BSC for low cost network fee and i see quite possibility to overtake Uniswap by PancakeSwap.

[Bitstar_coin]

The thing is as long as pancakeswap has less transaction fees than uniswap then sooner than later it will take over, let's face it, uniswap high fees together with ethereum high fees is getting on everyone's last nerves, am really looking forward to the day uniswap is overthrown.

[Forsmagor]

Adding more to my $STBU position. This one is primed for the glorious run. The best looking chart on Uniswap right now tbh
https://stobox.io/

Moreover all top influncers are supporting it! Just 2 millions mcap! It is looking INCREDIBLY good!
https://twitter.com/MacroCRG/status/1373295618031030278?s=20
https://twitter.com/StoboxCompany/status/1374393450246721541?s=20
https://twitter.com/MacroCRG/status/1374401101798141955

[numanoid]

For weekly stats, PANCAKE has exceeded UNI now



And the number of monthly stats already so close



Told you to move BSC era, ETH era has been ended since BSC found a way to decrease the fee 100 times lower than ETH platform. You guys are just like old people who can't accept the new era and still stick to old era, shame on you

LONG LIVE BSC!!!

[numanoid]

And finally for monthly stats, PANCAKE has surpassed UNISWAP in most of users & total transactions



LONG LIVE BSC!!! LONG LIVE CAKE!

[Blitzboy]

And finally for monthly stats, PANCAKE has surpassed UNISWAP in most of users & total transactions



LONG LIVE BSC!!! LONG LIVE CAKE!

I can barely see the image but I believe in PANCAKE and BSC. UNISWAP is a good platform but it has to be replaced by Pancake due to lower fee and faster transaction. Moreover, many projects are moving to BInance smart chain. Too many launchpads to run and advertise. Buying Binance coin is one of most righteous decision

[Evgenklm]

Pancake of course broke into the top dex exchanges and as the author correctly describes, it may soon become in the first place, and everything is there for this, cheap transactions and the volume of trading on pancake is growing every day, so I think Uniswap is losing ground.