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About PancakeSwap
PancakeSwap is a leading decentralised exchange (DEX) built on the BNB Chain, using an automated market maker (AMM) model rather than a traditional order book. Trades settle on-chain directly from a self-custodied wallet.
Using trading bots with PancakeSwap
Automating on a DEX like PancakeSwap involves on-chain bots that swap tokens, provide liquidity, or execute strategies through smart contracts. This appeals to traders who prefer self-custody and decentralised markets, though on-chain fees and slippage should be factored in.