PancakeSwap (CAKE)
Loading...
Loading...
About CAKE
PancakeSwap is a leading decentralized exchange on the Binance Smart Chain, offering a suite of DeFi services including token swaps, yield farming, and staking. Its native token, CAKE, is used for governance and can be staked to earn rewards. PancakeSwap's user-friendly interface and low transaction fees have made it a popular choice among DeFi enthusiasts.
Convert Fiat to PancakeSwap
News
ECHO Tokenomics: Too Good to Be True or the Future of Crypto Sustainability?
This content is provided by a sponsor. Introduction Echo is a community-driven, closed-loop fintech platform that blends traditional finance with blockchain innovation. Based in the Isle of Man, Echo operates as a fully licensed Virtual Asset Service Provider under the…
Fidelity’s FBTC Leads Daily Inflow as Bitcoin ETFs Achieve 7-Day Inflow Streak With $84 Million Addition
Bitcoin ETFs continued their positive momentum with a seventh consecutive day of inflows, adding $84 million on March 24. Meanwhile, Ether ETFs ended a 12-day streak of outflows, recording neutral activity for the day. Bitcoin ETFs Look to Reclaim $100…
Solana Integration Broadens Access to Blackrock’s $1.7B Tokenized Treasury Fund
Blackrock and Securitize launched a new share class of their BUIDL tokenized treasury fund on the Solana blockchain on March 25, 2025, as the fund’s assets hit $1.7 billion and the total tokenized treasury market reached a record-setting $5 billion.…
KULR’s Bitcoin Holdings Reach 668.3 BTC as Treasury Strategy Gains Momentum
KULR Technology Group, Inc. announced Tuesday that it purchased an additional $5 million in bitcoin for its corporate treasury, increasing total holdings to $65 million. KULR Purchases $5M in Bitcoin at $88,824 Average Price, Total Spend Hits $65M The Houston-based…
Geopolitical Shifts May Be Leading US to Establish Strategic Bitcoin Reserve and Boost Gold Holdings
Matthew Pines, Executive Director at the Bitcoin Policy Institute, has addressed concerns about the fracturing global financial system and the reliability of U.S. Federal Reserve dollar swap lines. He notes that European banks are heavily reliant on dollar funding, with…
Frequently Asked Questions about PancakeSwap
What is PancakeSwap (CAKE)?
PancakeSwap is a decentralized exchange (DEX) operating on the Binance Smart Chain (BSC), enabling users to swap BEP-20 tokens efficiently. It utilizes an automated market maker (AMM) model, allowing users to trade against liquidity pools.
How does PancakeSwap work?
PancakeSwap allows users to trade BEP-20 tokens, provide liquidity to earn LP tokens, and stake tokens to earn rewards. Its AMM model facilitates trades without the need for order books, relying instead on liquidity pools.
What makes PancakeSwap unique?
PancakeSwap offers features like yield farming, staking, lotteries, and NFTs, providing a comprehensive DeFi experience. Its operation on BSC ensures lower transaction fees and faster confirmations compared to Ethereum-based DEXs.
Where can I buy and trade PancakeSwap?
CAKE tokens can be traded on various exchanges, with Binance being the most active platform. The CAKE/USDT pair on Binance has a significant trading volume.
What are the benefits of using PancakeSwap?
Users benefit from low transaction fees, high-speed transactions, and access to a wide range of DeFi services, including staking, yield farming, and token swaps.
How can I store my PancakeSwap tokens securely?
CAKE tokens can be stored in any wallet compatible with Binance Smart Chain, such as MetaMask (configured for BSC), Trust Wallet, and hardware wallets like Ledger.
Is PancakeSwap a good investment?
PancakeSwap is a popular decentralized exchange (DEX) on the Binance Smart Chain, and its native token, CAKE, is used for various purposes within the ecosystem, such as staking, liquidity provision, and governance. However, as with any investment, it's essential to conduct thorough research and consider market volatility.