Is PancakeSwap worth using? DEX swap fees and pitfalls (2026)
Is PancakeSwap worth using for beginners? Only worth it when you're swapping tokens or doing DeFi on BNB Chain — for simply buying and selling mainstream coins, Binance is easier. This article tests exactly which fees a PancakeSwap swap deducts and how to set slippage, and breaks down five common beginner pitfalls: fake tokens, unlimited approval, impermanent loss, and phishing sites, with a selection table and a pitfalls checklist.