PancakeSwapX launches with zero-fees, gasless swaps on Ethereum, Arbitrum
2024-10-15

PancakeSwap has launched a new product to improve user execution prices, aiming to make crypto more accessible to the mainstream.
The product, PancakeSwapX, enables zero-fee transfers and gasless asset swaps on the Ethereum and Arbitrum networks, according to an announcement shared with Cointelegraph.
The launch may bring significant improvement to decentralized finance (DeFi) user experience, according to Chef Kids, the head chef at PancakeSwap, who wrote:
Without products like PancakeSwapX, new DeFi users first need to set up a native Ethereum address and buy Ether ETHUSD to pay transaction fees before being able to transact on the blockchain. This complex onboarding process can be intimidating for mainstream users, driving most new crypto investors to centralized exchanges (CEXs).
User experience simplification is “key” for mass crypto adoption
Simplifying the user experience in DeFi is key for bolstering mainstream adoption.
Removing the complexities of holding gas tokens like Ether could be a significant improvement for newcomers, added Chef Kids:

PancakeSwap is the fourth-largest decentralized exchange (DEX), with an all-time trading volume of more than $258 million, covering over 387 digital assets, according to Messari data.
Complexity is the biggest issue for mass crypto adoption
The complexity of onboarding and transacting via decentralized applications is the main issue for mainstream crypto adoption, according to Chef Kids, who said:
Failed or expired orders via PancakeSwapX will also remain entirely offchain, meaning users won’t have to pay transaction fees for them.
Other industry experts also see the current friction points as the biggest issue for crypto adoption. Notably, Chintan Turakhia, senior director of engineering at Coinbase, told Cointelegraph that removing friction points is crucial for onboarding the next billion crypto users:
To bolster mass adoption, Coinbase launched a smart wallet in July with more beginner-friendly features and gas fees sponsored by the exchange.
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