TechFlow reported on October 15 that, according to Cointelegraph, decentralized exchange PancakeSwap has launched a new product called PancakeSwapX, enabling zero-fee transfers and gasless asset swaps on the Ethereum and Arbitrum networks. The product aims to enhance users' trading price execution efficiency and make cryptocurrencies more accessible.
Kids, Head of PancakeSwap, said PancakeSwapX allows traders to focus solely on executing trades without needing to manage multiple native gas tokens or calculate gas fees. Additionally, by aggregating liquidity from multiple sources, users no longer need to switch between different platforms to achieve better execution prices.
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