Am wondering guys, Where does BNB goes when someone swaps my token on pancakeswap. And how do i gain from the swapping

Who does the transfer charges goes to when you transfer from Access bank to Gtb?

childuptojoy:
Who does the transfer charges goes to when you transfer from Access bank to Gtb?

This is a different scenerio... This is a swap on LP... So who does the swapped BNB go to? Pancakeswap or the provider?

Webster563:

This is a different scenerio... This is a swap on LP... So who does the swapped BNB go to? Pancakeswap or the provider?

Liquidity provider

I think there is a sharing formula they use though.

childuptojoy:
I think there is a sharing formula they use though.

Exactly what i want to find out. I know the provider's wallet is on pancakeswap so any profit will go direct to this wallet. I just want to be exact on how it's splitted/shared.

Webster563:
Am wondering guys, Where does BNB goes when someone swaps my token on pancakeswap. And how do i gain from the swapping

This is what I understand... Two pairs e.g. ABC - BNB. A user put BNB to get ABC (done via pancake swap). The BNB goes to the BNB liquidity in that pair (pool), doing this will alter the price.

childuptojoy:
I think there is a sharing formula they use though.

you also gain from transactions made by users.

Stephenmoka4:
This is what I understand... Two pairs e.g. ABC - BNB. A user put BNB to get ABC (done via pancake swap). The BNB goes to the BNB liquidity in that pair (pool), doing this will alter the price.

Thanks this is clearer.

It goes to the liquidity pool......

In decentralized exchange there is no buy and sell order as u see in centralize exchange so whenever one needs sell his coin you might not someone ready to buy it immediately that's why theirs is liquidity pool so you sell and buy the coin at any time even though theirs someone willing to sell or buy.....the liquidity pool is like pool of the coin paired with a known currency in this case bnb