Tailored solutions for your unique business needs.

Expert guidance to optimize your software strategies.

Extend your team with top-notch external resources.

Transforming ideas into market-ready software products.

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Providing end-to-end solutions for your digital needs.

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At Hashlogics, we specialize in mobile app development, creating intuitive, engaging, and high-performance mobile applications for iOS and Android platforms. Our dedicated team of mobile app developers, designers, and testers work closely with you to turn your vision into a reality. Whether you need a native app, cross-platform app, or a hybrid app,

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Retool is the fastest way to build internal software

Visualizing ideas through interactive design frameworks.

Revitalizing websites with modern design approaches.

Elevating mobile apps with enhanced design.

Optimizing experiences across devices with responsiveness.

Crafting intuitive experiences for mobile users.

Crafting intuitive experiences for mobile users.

Crafting Engaging and User-Centric Digital Experiences

At Hashlogics, we specialize in UI/UX development, creating visually stunning and user-friendly digital experiences that captivate and engage your target audience.

Driving sales growth with powerful CRM.

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Empowering businesses with comprehensive CRM solutions.

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At Hashlogics, we offer comprehensive CRM (Customer Relationship Management) services to empower businesses with efficient and effective customer management solutions. Our CRM services are designed to help you better understand, engage, and nurture your customer relationships, resulting in improved customer satisfaction, increased sales, and enhanced business performance. Whether you need CRM software customization, implementation, or ongoing support, we have the expertise to meet your specific CRM needs.

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At Hashlogics, we understand the importance of having a skilled and dedicated development team to bring your projects to life.

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Our industry service solutions are designed to empower businesses, organizations

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Hashlogics offers comprehensive QA outsourcing services, taking charge of the entire quality assurance process

Hashlogics' QA consultants drive QA process excellence and efficiency.

Hashlogics excels in website performance testing, encompassing critical aspects like capacity planning

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Our Functional Testing services meticulously validate that every aspect of your software application aligns seamlessly with its behavioral requirement specifications. This rigorous verification ensures not only behavioral adherence but also elevates overall software quality.

Building The Best Decentralized Crypto Exchange on PancakeSwap

September 1, 2022


Building The Best Decentralized Crypto Exchange on PancakeSwap

The exploration of decentralized exchange has unlocked new financial avenues. It has been revolutionizing the digital transaction processes with speedy and autonomous financial solutions. In this blog, we will reveal the detailed process of launching the best decentralized crypto exchange on PancakeSwap.

So let us get started!

What is PancakeSwap?

PancakeSwap is a Binance smart chain-based decentralized exchange software for BEP-20 tokens. It offers many features, such as staking, yield farming, swapping, and a lottery scheme. We can also use it as a customized solution to deliver the user-suggested specifications.

This decentralized PancakeSwap came with an automated market maker (AMM) and decentralized applications (dApps) to give quick results with the lowest transaction charges. It also has similarities with UniSwap, which offers the swapping of coins without the help of a middleman.

How does PancakeSwap work?

Decentralized exchanges use AMM to automate the functions. With AMM, the user does not follow the primitive order booking practice. The process automates the trading processes.

The investors deposit funds in a liquidity pool. Thus, traders use the liquidity pool to perform trade instead of depending on a third party.

In the liquidity pool, the buyers do not face issues in trading as they can easily withdraw the token with another. Therefore, it facilitates traders with ease in trading tokens.

Features of PancakeSwap

Decentralized exchange pancakeSwap offers plenty of features listed below:

    • Minimum Participation Cost
    • Active Token Pairing Options
    • Versatile token supports Binance
    • Consolidated with security protocols
    • Supported by AMM (Automated Market Making)
    • Access to Updated Transaction History
    • Multiple Audits per Second
    • 100% Decentralized platform.
    • Entirely Automated Mechanism.
    • Customizable Dashboard
    • Innovative Security Features.
    • Secured Payment Gateway System.
    • Swapping of BEP20 for Native CAKE token.

Why build Best Decentralized Crypto Exchange PancakeSwap on the Binance Smart Chain?

Binance smart chain offers extreme ‌support for smart contracts and programmability compared to Ethereum and Tron networks. Moreover, it has other exciting reasons to use Binance smart chain for PancakeSwap.

    • High Yield Farming
    • Crypto Bridging
    • Proof of Stack
    • Cross-chain Compatibility
    • Easy Smart Contract Integration
    • Liquidity Pool
    • Feasible Transitions
    • Integration with BEP20 Tokens
    • Security Protocols Implementation
    • Token and Nonfungible Token Integration
    • Coins Swapping with Other Coins
    • Compatible with Chrome Plugins
    • Reward System
    • Improved Portfolio

Things Require to Start with PancakeSwap

Before developing the PancakeSwap, you must have a few things in hand.

    • Trust Wallet.
    • BNB Chain Wallet.
    • Coinbase Wallet. 

Create Defi Exchange Like PancakeSwap on Binance

Building the best decentralized crypto exchange on PancakeSwap is not a big deal. Follow some steps in sequential order.

– Requirement Analysis of the Project

It is the initial stage in which user understanding is the prime focus. This step includes an understanding of user requirements. Based on the requirements, we wind up the project.

– Development of Liquidity Pools

Now the next thing is having liquidity in hand to facilitate traders. The liquidity pool helps to increase the long-run credibility and the user base interest. It enhances the platform usability by providing a greater association of the tokens to the platform.

– Stacking Platform Development

The purpose of developing a stacking platform is to generate passive income for users. In this step, the inherent tokens generate passive income for the users.

– Yield Farming Platform Development

Now, this step is for liquidity providers. The purpose of this step is like stacking platform development, with the only difference being that this is for liquidity providers. Only liquidity providers can get benefit from yield farming.

– Lottery Scheme Provision

In this step, the user consumes a specific amount of tokens for the lottery scheme. The tokens must contain the 4-digit value. This scheme also selects winners because of the consumption of tokens. The winner got a reward in the end.

– Swapping Platform Development

Swapping allows users to swap tokens with other tokens. Swapping in decentralized platforms makes the user swap in demand tokens. Users can easily exchange currencies.

– Integration with Tokens and Nonfungible Tokens

Decentralized exchange platforms are developed by integrating tokens and nonfungible tokens. Thus, these exchange platforms support tokens and NFTs.

– Implement Security Protocols

The prime properties of the best decentralized crypto exchange are to offer a secure and reliable trading experience. Thus, ensuring security protocols is imperative to proceed further. These protocols will secure the digital assets from hacking attacks and unauthorized access.

– Implementation of Smart Contracts

Smart contracts include the terms and conditions to perform the transaction processes. It plays the role of monitoring the transaction processes and allows the final transactions.

– Deployment

After going through all the steps, now make a composing product to deliver solutions to the users. After testing and security checks, a decentralized exchange platform is ready to deploy and offer solutions to the users.

Bottom Line

Decentralized exchange platforms are getting a vast space in the financial world. Thus, get into this space to offer reliable financial solutions to your user base.

Hashlogics is a decentralized exchange development company with an innovative approach to developing DEX app development. Our decentralized exchange software can help you excel in getting prominent space in the DEX world.

Copy Writer at Hashlogics

Want to work with us?

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