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Binance Launches the First DeFi Project on its Mobile Platform

Binance

Cryptocoins Exchanges / Binance 221 Views

Binance recently launched the PancakeSwap Mini, a program that will expose its millions of users worldwide to the world of defi. This program is to gradually open to all users within the platform.

DeFi is currently one of the fastest-growing sectors in the global blockchain and cryptocurrency ecosystem. Billions of dollars were invested in defi projects ( UNI, CRV , etc) by global investors.

Another important uodate from binance is the launch of Binance Defi Wallet, a non-custodial decentralized Web3 wallet.

These are great opportunities for PancakeSwap to get more users and grow its reach. Its partnership with Binance is great for the community as a whole.

The integration of defi in the binance ecosystem will lower the barriers to the defi space and bring more adoption and volume to defi projects like cake, sushi , and alohadefi, espicially from users who are new to the space.

In the past few months, Binance has expanded its financial operations across different regions with the acquisition of various new licenses.

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