DigitalNote Wiki
  • Welcome to the DigitalNote Wiki
  • GETTING STARTED
    • A Brief History
    • The Current DigitalNote Ecosystem
    • XDN Network and Coin Specs
    • Ways to Earn XDN
    • Exchange Listings
    • Masternodes
  • XDN on Binance Smart Chain/PancakeSwap
  • Benefits of Getting XDN on Binance Chain & PancakeSwap
  • Setting up XDN on Binance Smart Chain (BSC)
  • Contributing to wXDN/BUSD Liquidity Pool on PancakeSwap
  • Participating in wXDN/BUSD Pool Rewards on PancakeSwap
  • Trade wXDN with other coins
  • Swap BEP-2 for BEP-20 BNB Asset
  • FAQ: Binance Smart Chain & PancakeSwap Integration
  • Wallet Functionality
    • Wallets
    • QT Wallet
      • Installation and Updating
      • Backup and Security
        • Wallet Encryption
        • Wallet Backup
        • Wallet Restoration
      • Staking
      • Advanced Wallet Functions
        • Coin Control
        • Command Line Options
        • Console Commands
    • DigitalNote Mobile Wallet
  • COMMUNITY AND SOCIAL MEDIA
  • GitHub
  • Official Website
  • Official Social Accounts & Live Chats
  • Social Media Outlets
  • Support
    • Syncing Issues
      • Manually Adding Peers
    • Masternode Setup
      • Client Side
        • QT Wallet MN setup
      • Server Side
        • VPS Install
        • Hosting Services
  • Proposals & Feedback
    • Collaborate with XDN
    • Report a Wallet Issue
    • Feature Requests
  • OTHER RESOURCES
    • Frequently Asked Question: 2XDN
    • Merchandise
    • XDN Press/Media Kit
Powered by GitBook
On this page

Was this helpful?

Benefits of Getting XDN on Binance Chain & PancakeSwap

Here are some of the major benefits of getting XDN on the Binance Chain & PancakeSwap

PreviousMasternodesNextSetting up XDN on Binance Smart Chain (BSC)

Last updated 4 years ago

Was this helpful?

  1. XDN will be available on a Decentralized Exchange (DEX). Anyone in the world will be able to buy XDN (as wXDN - the wrapped version of XDN) on the Binance Smart Chain using PancakeSwap.

  2. Expansion of trading pairs - users will be able to swap wXDN directly with many other tokens listed on the PancakeSwap / Binance Chain.

  3. Lower fees and faster transactions - compared to many other DEXs - wXDN will be able to leverage this as core offerings from PancakeSwap and Binance Smart Chain.

  4. Users will be able to store their wXDN with other coins on their choice of wallets (like Metamask, Trust, & supported by the Binance Smart Chain).

  5. DigitalNote will be able to further expand its DeFi (Decentralized Finance) offerings in the future by leveraging PancakeSwap's foundational capabilities like Liquidity Pool Rewards, Staking, Farming, etc.

  6. XDN holders will have yet another choice to earn a passive income (today they earn by staking in QT wallet or via running an XDN masternode). They will be able to earn by contributing to a wXDN pool.

  7. Reduced dependency on CEXs - tokens often get adversely affected by exchange or country-specific policies. DEX pools ensure users' ability to trade in the listed token is never affected.

  8. By integrating with the Binance Smart Chain, XDN already becomes a part of the Binance Ecosystem. This helps with the efforts in the direction of listing with Binance DEX & CEX.

  9. wXDN will be able to leverage - an industry leading explorer - for high-level insights in real-time.

  10. Project awareness and expansion of the community - XDN's presence on the Binance Ecosystem will help spread more awareness about the DigitalNote ecosystem and attract new community members.

other wallets
BscScan