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Getting started with Pancake Swap.

Which of the following statements is true?
Pancake Swap is a decentralized exchange on the Ethereum Network.
Pancake Swap is a centralized exchange on Binance Smart Chain.
Pancake Swap is a decentralized exchange on the Binance Smart Chain.
Pancake Swap is run on Matic Network.
Which of these tokens is tradeable on Pancake Swap?
ERC-20
TRC-20
BEP-20
BEP-2
What is the native token of Pancake Swap?
MATIC
ONE
CAKE
BUSD
BNB
CMON
Which of these is NOT a supported features on Pancake Swap?
Swapping (Trading)
Farming
Credit card purchases
Staking
Staking crypto is a process that involves buying and setting aside a certain amount of tokens to become an active validating node for the network.
True
False
Which of these statements is false?
Pancake Swap is a decentralized exchange.
Smart Contracts should be audited for vulnerabilities.
Pancake Swap is 100% safe.
Dont risk more than you can afford to lose.
How do I pay for gas fees and slippage?
BUSD
BNB
USDT
CMON
What is slippage?
Slippage is the amount of tokens you want to buy.
Slippage is the amount of BNB you need for gas fees.
Slippage is the difference between the expected price of a trade and the executed price of the trade.
Slippage is not important.
It is important to ensure you always have enough BNB in your wallet to pay gas fees on the BSC network.
True
False
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