For a long time, Uniswap has been named as the top DEX on Ethereum among traders. Yet, some issues make people search for a better alternative. This is where Binance Smart Chain (BSC) Powered Bakeryswap DEX comes into the scene. After seeing people’s demand, many entrepreneurs rush to build a BSC-based DEX with Bakeryswap clone script rather than Uniswap clone.
But the unsolved question here was, “Is Bakeryswap clone more profitable than Uniswap clone?” Let’s find out in this blog.
Let’s analyze both platforms first.
Bakeryswap Vs Uniswap
Uniswap operates depending on the Ethereum network, which charges higher gas fees when the network is busy. This can cut into the earnings of traders and liquidity providers. Here. Bakeryswap takes less gas fee when compared to the Ethereum network.
Bakeryswap’s cost-effective trading approach attracts many traders. More trading activity results in greater liquidity in the platform. As a result, this helps platform owners increase their earnings from trading fees and other activities.
When compared to Uniswap, Bakeryswap offers a similar model but with the economical option for users.
Many traders prefer to trade on the platform that gives faster trade and low-gas, that’s why most entrepreneurs choose Bakeryswap clone development to establish their crypto business.
Here, one thing gets clear. Binance Smart Chain serves as a backbone for Bakeryswap and helps stand one step ahead of Uniswap. But, “What makes BSC so special?”
What Makes Binance Smart Chain Unique?
The uniqueness of Binance Smart Chain lies in its dual-chain system. It is considered one of the best alternatives to Ethereum for cost-effective transactions.
However, its main advantage is its ability to link Binance Chain (BC)—which concentrates on fast trading but does not support smart contracts—with Binance Smart Chain (BSC), which supports smart contracts and dApps (like a more scalable Ethereum). This dual-chain architecture helps faster asset transfers and better cross-chain compatibility.
More than this, here’s some of its key benefits.
Transactions settle in about three seconds. It’s better than the Ethereum’s average of 13 seconds.
Binance’s extensive user base of over 262 million users makes BSC applications more accessible.
This approach creates a more efficient and scalable environment for BSC-based DEX compared to Ethereum-based ones.
So, BSC-based Bakerswap clone is slightly better than Ethereum-based Uniswap clone.
How BSC Equipped Bakeryswap Clone Helps You Create a Profitable DEX
A Binance Smart Chain powered Bakeryswap clone makes the platform owners more profitable.
Trading Fees - The low gas fee model of Bakeryswap clone helps the platform to achieve higher trading volumes. Increased trading volume leads to more income from trading fees for the platform.
Yield Farming & Staking - BSC’s reduced transaction costs encourage more liquidity providers to the platform. This helps to increase Bakeryswap clones’ total value locked (TVL).
NFT Marketplace - Bakeryswap includes an NFT marketplace, creating extra income opportunities beyond standard DeFi transactions.
Cross-Chain Swaps - Users can transfer assets between the BSC network and other blockchains easily. It improves the platform’s flexibility and attracts more users.
Does Bakeryswap Clone Better than Uniswap?
Yes! The Bakeryswap clone software stands one step ahead of the Uniswap clone because of the ability to make faster transactions with low fees, cross-chain transactions, and an NFT marketplace.
Note: You can equip, Uniswap clone with a Binance Smart Chain (BSC) to obtain more advantages.
Because Bakeryswap is a proven model to make quicker transactions with low gas fees, entrepreneurs can build a DEX using Bakeryswap clone script, if you want to provide traders with a cost-effective trading platform.