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Look for an exchange that supports both fiat and cryptocurrency to simplify buying PancakeSwap.
PancakeSwap is a decentralized exchange that makes use of the Binance Smart Chain (BSC). Much like many of the other food-themed DeFi products in the market today — such as SushiSwap, Pickle Finance, etc. – it affords users the ability to farm tokens in exchange for liquidity. Also, it is worth emphasizing that since the project has been built atop BSC, users can only trade tokens, add liquidity and acquire incentives via BEP-20 complaint assets. CAKE is the native crypto of the PancakeSwap ecosystem, with its main goal being to incentivize liquidity providers. Even though the currency has no max supply cap, small sums are burned regularly, so as to reduce its overall supply pool (thus preventing their value from being diluted).
PancakeSwap (CAKE) is the 39th largest cryptocurrency in the world by market cap, valued at $4,721,488,949. The current price of PancakeSwap is $20.26, which is 2.769% higher than yesterday. Prices have ranged between $20.45 and $19.61 over the past 24 hours. All prices are listed in US dollars and accurate as of October 19, 2021 01:10 UTC.
Find an exchange to buy, sell and trade CAKE by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
The technical analysis gauge for PancakeSwap displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of PancakeSwap based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of PancakeSwap: moving averages, oscillators and pivots. Finder is not responsible for how CAKE performs.
|All time high||US$43.96|
|All time high date||April 30, 2021|
|Industry||Automated market maker|
|Token uses||Staking, rewards|
|Network||Binance Smart Chain|
You can cash out your CAKE with the same exchange you bought it through:
Disclaimer: Cryptocurrencies, including PancakeSwap, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of CAKE is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the PancakeSwap or any other cryptocurrency discussed.
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