{"id":1604,"date":"2021-08-10T04:45:46","date_gmt":"2021-08-10T04:45:46","guid":{"rendered":"https:\/\/deficoins.io\/?page_id=1604"},"modified":"2022-02-21T17:44:15","modified_gmt":"2022-02-21T17:44:15","slug":"how-to-buy-cake","status":"publish","type":"page","link":"https:\/\/deficoins.io\/how-to-buy-cake","title":{"rendered":"How to Buy Pancakeswap: Invest in CAKE Tokens Today!"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">CAKE is the native governance token of Pancakeswap, the decentralized exchange platform known for its affordability and accessibility. With Pancakeswap becoming more popular by the day due to its lower transaction cost execution speeds compared to other DEX\u2019s, its token is also gaining more visibility.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CAKE is a BEP-20 token, as it was created on the Binance Smart Chain (BSC). Established in September 2020, it was designed to challenge the monopoly of Ethereum-based (ETC-20) tokens that have taken over the market. Offering better financial and administrative benefits, more investors are flocking to CAKE by the day. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you are looking at how to buy Pancakeswap in a few minutes, follow this quickfire guide.<\/span><\/p>\n<div id=\"toc_container\" class=\"no_bullets\"><p class=\"toc_title\">Contents<\/p><ul class=\"toc_list\"><li><a href=\"#How_to_Buy_Pancakeswap_Quickfire_Walkthrough_to_Buy_CAKE_in_Less_Than_10_minutes\"><span class=\"toc_number toc_depth_1\">1<\/span> How to Buy Pancakeswap: Quickfire Walkthrough to Buy CAKE in Less Than 10 minutes<\/a><\/li><li><a href=\"#How_to_Buy_Pancakeswap_Full_Step-by-Step_Walkthrough\"><span class=\"toc_number toc_depth_1\">2<\/span> How to Buy Pancakeswap \u2013 Full Step-by-Step Walkthrough<\/a><ul><li><a href=\"#Step_1_Download_Trust_Wallet\"><span class=\"toc_number toc_depth_2\">2.1<\/span> Step 1: Download Trust Wallet<\/a><\/li><li><a href=\"#Step_2_Add_Cryptocurrency_Assets_to_Your_Trust_Wallet\"><span class=\"toc_number toc_depth_2\">2.2<\/span> Step 2: Add Cryptocurrency Assets to Your Trust Wallet<\/a><ul><li><a href=\"#Send_Cryptocurrency_from_an_External_Wallet\"><span class=\"toc_number toc_depth_3\">2.2.1<\/span> Send Cryptocurrency from an External Wallet<\/a><\/li><li><a href=\"#Buy_Cryptocurrencies_Using_CreditDebit_Card\"><span class=\"toc_number toc_depth_3\">2.2.2<\/span> Buy Cryptocurrencies Using Credit\/Debit Card<\/a><\/li><\/ul><\/li><li><a href=\"#Step_3_How_to_Buy_CAKE_through_Pancakeswap\"><span class=\"toc_number toc_depth_2\">2.3<\/span> Step 3: How to Buy CAKE through Pancakeswap<\/a><\/li><li><a href=\"#Step_4_How_to_Sell_CAKE\"><span class=\"toc_number toc_depth_2\">2.4<\/span> Step 4: How to Sell CAKE<\/a><\/li><\/ul><\/li><li><a href=\"#Where_Can_You_Buy_CAKE_Online\"><span class=\"toc_number toc_depth_1\">3<\/span> Where Can You Buy CAKE Online?<\/a><ul><li><a href=\"#Pancakeswap_Buy_CAKE_Through_a_Decentralized_Exchange\"><span class=\"toc_number toc_depth_2\">3.1<\/span> Pancakeswap \u2013 Buy CAKE Through a Decentralized Exchange<\/a><\/li><\/ul><\/li><li><a href=\"#Ways_to_Buy_CAKE\"><span class=\"toc_number toc_depth_1\">4<\/span> Ways to Buy CAKE<\/a><ul><li><a href=\"#Buy_Pancakeswap_with_Cryptocurrency\"><span class=\"toc_number toc_depth_2\">4.1<\/span> Buy Pancakeswap with Cryptocurrency<\/a><\/li><li><a href=\"#Buy_Pancakeswap_with_CreditDebit_Card\"><span class=\"toc_number toc_depth_2\">4.2<\/span> Buy Pancakeswap with Credit\/Debit Card<\/a><\/li><\/ul><\/li><li><a href=\"#Should_I_Buy_Pancakeswap_CAKE\"><span class=\"toc_number toc_depth_1\">5<\/span> Should I Buy Pancakeswap (CAKE)?<\/a><ul><li><a href=\"#Technical_Support\"><span class=\"toc_number toc_depth_2\">5.1<\/span> Technical Support<\/a><\/li><li><a href=\"#Long-Term_Project\"><span class=\"toc_number toc_depth_2\">5.2<\/span> Long-Term Project<\/a><\/li><li><a href=\"#Earning_Potential\"><span class=\"toc_number toc_depth_2\">5.3<\/span> Earning Potential<\/a><\/li><li><a href=\"#CAKE_Price_Prediction\"><span class=\"toc_number toc_depth_2\">5.4<\/span> CAKE Price Prediction<\/a><\/li><\/ul><\/li><li><a href=\"#Risk_of_Buying_CAKE\"><span class=\"toc_number toc_depth_1\">6<\/span> Risk of Buying CAKE<\/a><\/li><li><a href=\"#Best_CAKE_Wallets\"><span class=\"toc_number toc_depth_1\">7<\/span> Best CAKE Wallets<\/a><ul><li><a href=\"#Trust_Wallet_Overall_Best_CAKE_Wallet\"><span class=\"toc_number toc_depth_2\">7.1<\/span> Trust Wallet: Overall Best CAKE Wallet<\/a><\/li><li><a href=\"#MetaMask_Best_CAKE_Wallet_in_Compatibility\"><span class=\"toc_number toc_depth_2\">7.2<\/span> MetaMask: Best CAKE Wallet in Compatibility<\/a><\/li><li><a href=\"#Safepal_S1_Best_CAKE_Wallet_in_Security\"><span class=\"toc_number toc_depth_2\">7.3<\/span> Safepal S1: Best CAKE Wallet in Security<\/a><\/li><\/ul><\/li><li><a href=\"#How_to_Buy_Pancakeswap_Bottom_Line\"><span class=\"toc_number toc_depth_1\">8<\/span> How to Buy Pancakeswap \u2013 Bottom Line<\/a><\/li><li><a href=\"#Buy_CAKE_Now_via_Pancakeswap\"><span class=\"toc_number toc_depth_1\">9<\/span> Buy CAKE Now via Pancakeswap<\/a><\/li><li><a href=\"#FAQs\"><span class=\"toc_number toc_depth_1\">10<\/span> FAQs<\/a><\/li><li><a href=\"#How_much_is_CAKE\"><span class=\"toc_number toc_depth_1\">11<\/span> How much is CAKE?<\/a><\/li><li><a href=\"#Is_CAKE_a_good_buy\"><span class=\"toc_number toc_depth_1\">12<\/span> Is CAKE a good buy?<\/a><\/li><li><a href=\"#What_is_the_minimum_CAKE_tokens_you_can_buy\"><span class=\"toc_number toc_depth_1\">13<\/span> What is the minimum CAKE tokens you can buy?<\/a><\/li><li><a href=\"#What_is_the_CAKE_all-time_high\"><span class=\"toc_number toc_depth_1\">14<\/span> What is the CAKE all-time high?<\/a><\/li><li><a href=\"#How_do_you_buy_CAKE_tokens_using_a_debit_card\"><span class=\"toc_number toc_depth_1\">15<\/span> How do you buy CAKE tokens using a debit card?<\/a><\/li><li><a href=\"#How_many_CAKE_tokens_are_there\"><span class=\"toc_number toc_depth_1\">16<\/span> How many CAKE tokens are there?<\/a><\/li><\/ul><\/div>\n<h2><span id=\"How_to_Buy_Pancakeswap_Quickfire_Walkthrough_to_Buy_CAKE_in_Less_Than_10_minutes\"><b>How to Buy Pancakeswap: Quickfire Walkthrough to Buy CAKE in Less Than 10 minutes<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Buying CAKE tokens is a straightforward endeavor. The token finds home amidst other products supported by its parent blockchain, Binance. With more people looking into how to buy CAKE, this quickfire guide was created to help you out in clear terms. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can learn how to buy Pancakeswap by following this guide step-by-step.<\/span><\/p>\n<ul>\n<li><b>Step 1: Download Trust Wallet:<\/b><span style=\"font-weight: 400;\"> You need a wallet to buy CAKE, and you should start by downloading the Trust app on Google Play or the App Store. Install the application and set it up by generating a PIN and a passphrase.<\/span><\/li>\n<li><b>Step 2: Search for CAKE:<\/b><span style=\"font-weight: 400;\"> You\u2019ll find a bar on the top right corner. That\u2019s the search bar where you\u2019ll input \u201cCAKE.\u201d<\/span><\/li>\n<li><b>Step 3: Add Cryptocurrency Assets to your Wallet: <\/b><span style=\"font-weight: 400;\">You need to make a deposit before you can transact. You can only do that by adding cryptocurrency assets to your wallet. You can add cryptocurrency to your Trust Wallet by sending from an external source or buying directly on the app.<\/span><\/li>\n<li><b>Step 4: Connect to Pancakeswap: <\/b><span style=\"font-weight: 400;\">Once you have your wallet funded, the next step is to link to Pancakeswap by clicking \u2018DApps&#8217; on your Trust Wallet. Next, pick Pancakeswap from the listed options and click &#8216;Connect.&#8217;<\/span><\/li>\n<li><b>Step 5: Buy Pancakeswap:<\/b><span style=\"font-weight: 400;\"> You can now proceed to buy Pancakeswap by swapping it for the cryptocurrency currently stored in your Trust Wallet.<\/span><\/li>\n<\/ul>\n<div class=\"su-button-center\"><a href=\"https:\/\/deficoins.io\/buy-token\" class=\"su-button su-button-style-3d\" style=\"color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px\" target=\"_self\"><span style=\"color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none\"> Buy CAKE Now<\/span><\/a><\/div>\n<p><i>Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.\u00a0<\/i><\/p>\n<h2><span id=\"How_to_Buy_Pancakeswap_Full_Step-by-Step_Walkthrough\"><b>How to Buy Pancakeswap \u2013 Full Step-by-Step Walkthrough<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The quickfire walkthrough might be enough for a cryptocurrency trading expert to go by, but the same cannot be said for beginners. So if you are investing in cryptocurrency for the first time and you do not know your way around yet, read this full step-by-step walkthrough for a better understanding of how to buy Pancakeswap.<\/span><\/p>\n<h3><span id=\"Step_1_Download_Trust_Wallet\"><b>Step 1: Download Trust Wallet<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The first step you have to take is to download Trust Wallet. You can get Trust Wallet on the app store compatible with your device. Install the app on your device and set it up by following the guide.\u00a0<\/span><\/p>\n<p><img  decoding=\"async\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-05-06.13.08.png\" \/><\/p>\n<p><span style=\"font-weight: 400;\">You will be required to create a PIN. Ensure that your PIN is strong and cannot be easily guessed. <\/span><span style=\"font-weight: 400;\">After setting your PIN, Trust Wallet will generate a 12-word passphrase for you. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This passphrase is to help you recover your wallet if you forget your PIN or lose your phone. Due to its sensitivity, you should write it down and keep it out of the reach of others.<\/span><\/p>\n<h3><span id=\"Step_2_Add_Cryptocurrency_Assets_to_Your_Trust_Wallet\"><b>Step 2: Add Cryptocurrency Assets to Your Trust Wallet<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">You cannot buy Pancakeswap directly with fiat money but only through cryptocurrencies. Using this method, you can swap established cryptocurrencies for alternative coins such as CAKE. You can go about the process in either of two ways, and we have explained both methods below:<\/span><\/p>\n<h4><span id=\"Send_Cryptocurrency_from_an_External_Wallet\"><b>Send Cryptocurrency from an External Wallet<\/b><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">The first way to add cryptocurrency to your Trust Wallet is to transfer some established coins from an external source. This will be a great option if you have another wallet apart from your newly-created Trust. However, if you have never transferred funds from it before, follow our simple guide to get it done.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Open your Trust Wallet and click on \u2018Receive.\u2019<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Select the cryptocurrency you want to transfer into Trust Wallet.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Copy the unique wallet address displayed.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Go to the other wallet.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Open the box for the wallet address. Next, paste the address copied from Trust.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Enter the volume of cryptocurrency you want to transfer.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Confirm the transaction and wait while your cryptocurrency is delivered to your Trust Wallet.<\/span><\/p>\n<h4><span id=\"Buy_Cryptocurrencies_Using_CreditDebit_Card\"><b>Buy Cryptocurrencies Using Credit\/Debit Card<\/b><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Another way to add cryptocurrency to your Trust Wallet is to buy such assets directly using your credit\/debit card. Trust Wallet allows users to purchase cryptocurrencies directly on the wallet, and it is a straightforward process. If this is your first time doing this, follow the guide below:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Open Trust Wallet and click on \u2018Buy.\u2019<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Choose an established cryptocurrency such as BTC, ETH, or BNB.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Undertake the Know Your Customer (KYC) process. This process is to verify your identity so that you can transact with fiat money.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To complete your KYC process, you have to upload a government-issued ID.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Enter the number of cryptocurrency you want to buy.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Confirm the transaction and wait as your coins are delivered to your wallet.<\/span><\/p>\n<h3><span id=\"Step_3_How_to_Buy_CAKE_through_Pancakeswap\"><b>Step 3: How to Buy CAKE through Pancakeswap<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Having funded your wallet with cryptocurrency assets, you can now buy Pancakeswap tokens. We must raise an important point here that you cannot buy CAKE <em>directly<\/em> on Trust Wallet. To buy CAKE, you have to connect your Trust Wallet to Pancakeswap and exchange the established coin in your wallet for the token.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><img  decoding=\"async\" class=\"aligncenter wp-image-1059 size-full\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-10-09.19.28.png\" alt=\"\" width=\"390\" height=\"602\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-10-09.19.28.png 390w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-10-09.19.28-194x300.png 194w\" sizes=\"(max-width: 390px) 100vw, 390px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">If this is your first time connecting Trust Wallet to Pancakeswap, follow this guideline to simplify the process.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">After connecting your Trust Wallet to Pancakeswap, click on \u2018DEX.\u2019<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click on the \u2018Swap\u2019 button.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Select \u2018You Pay\u2019 and choose the coin you want to pay with. The coin must be the same as the one in your wallet.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click on \u2018You Get\u2019 and pick CAKE from the options given. It will display the swapping rates between the established coin you are paying with and CAKE.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click on &#8216;Swap.&#8217;<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Confirm your transaction, and your CAKE tokens will be delivered to your wallet in minutes.<\/span><\/p>\n<h3><span id=\"Step_4_How_to_Sell_CAKE\"><b>Step 4: How to Sell CAKE<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Once you know how to buy Pancakeswap, understanding the selling process is an easy task. You can sell CAKE tokens by following one of the two methods available. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">First, you can sell by swapping your CAKE tokens for another cryptocurrency asset <em>or<\/em> for fiat money. We have explained the two methods here.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To sell your CAKE by swapping for another cryptocurrency, the process is similar to buying the token. The difference is that you have to select CAKE in the &#8216;You Pay&#8217; box and choose the asset you intend to buy in the &#8216;You Buy&#8217; section. You can also do this on Pancakeswap, where you will have a variety of assets to choose from.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The second option is to sell your CAKE tokens directly for fiat money. Sadly, you cannot do this on Pancakeswap, so you have to connect to a centralized exchange such as Binance.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Binance is the network on which the CAKE token was created; therefore, the exchange supports the coin and several others. Send your CAKE to Binance, complete the KYC process, and you will receive the worth of your tokens in fiat money. You can then move the funds to your bank account accordingly.<\/span><\/p>\n<h2><span id=\"Where_Can_You_Buy_CAKE_Online\"><b>Where Can You Buy CAKE Online?<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Most of the transactions carried out in the cryptocurrency market occur online, and buying CAKE is not excluded. To buy CAKE, you must have a wallet and connect it to an exchange platform. The most suitable exchange platform for CAKE is Pancakeswap, the project from which the token was created.<\/span><\/p>\n<h3><span id=\"Pancakeswap_Buy_CAKE_Through_a_Decentralized_Exchange\"><b>Pancakeswap \u2013 Buy CAKE Through a Decentralized Exchange<span style=\"font-weight: 400;\"><img  decoding=\"async\" class=\"size-medium wp-image-998 alignright\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-300x46.png\" alt=\"\" width=\"300\" height=\"46\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-300x46.png 300w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-1024x158.png 1024w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-768x119.png 768w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-1536x238.png 1536w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-2048x317.png 2048w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/span><\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Pancakeswap is a decentralized exchange that makes use of the Automated Market Maker (AMM) system. This system is known for eliminating the need for a third party intermediary and facilitating transactions directly between investors. When you invest using Pancakeswap, you can eliminate the limits set by centralized exchanges and brokers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With CAKE being Pancakeswap\u2019s native token, the asset thrives most on this platform. Here, you can buy, sell, stake, farm, and do various other transactions with the token. In addition, as an investor, you can invest your CAKE in liquidity pools and earn impressive returns on it. However, as profitable as the pools are, you have to trade with caution.<\/span><\/p>\n<p><img  decoding=\"async\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-05-07.11.14.png\" \/><\/p>\n<p><span style=\"font-weight: 400;\">LP tokens afford holders many opportunities, from profits on their capital to reduced trading costs when they perform transactions on the platform. The profit you earn from Pancakeswap liquidity pools depends on how much cryptocurrency you invest and the duration of time the investment spends.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Holding CAKE also grants you the opportunity to enjoy most of the services offered by Pancakeswap. This includes access to the DEX\u2019s SYRUP pools, yield farms, and NFTs, where you can earn more on your investments. Each feature comes with different directives, but most allow you to earn while making the most of your assets.<\/span><\/p>\n<p><b>Pros:<\/b><br \/>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Exchange digital currencies in a decentralized manner<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> No requirement to use a third party when buying and selling cryptocurrency<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Supports a sizable number of digital tokens<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Allows you to earn interest on your idle digital assets<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Sufficient levels of liquidity &#8211; even on smaller tokens<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Prediction and lottery games<div class=\"su-list\" style=\"margin-left:0px\"><\/div><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><\/div><\/span><br \/>\n<b>Cons:<\/b><br \/>\n<span style=\"font-weight: 400;\"><div class=\"su-list\" style=\"margin-left:0px\"><\/span><\/p>\n<ul>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Might appear daunting at first glance for newbies<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Does not support fiat payments directly<\/li>\n<\/ul>\n<\/div>\n<div class=\"su-button-center\"><a href=\"https:\/\/deficoins.io\/buy-token\" class=\"su-button su-button-style-3d\" style=\"color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px\" target=\"_self\"><span style=\"color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none\"> Buy CAKE Now<\/span><\/a><\/div>\n<p><i>Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.\u00a0<\/i><\/p>\n<h2><span id=\"Ways_to_Buy_CAKE\"><b>Ways to Buy CAKE<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There are two primary ways to buy CAKE, and we will explain both below. You can either purchase CAKE with cryptocurrency or a credit\/debit card. Knowing how to use both methods is necessary when learning how to buy Pancakeswap. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">We have explained both options below.<\/span><\/p>\n<h3><span id=\"Buy_Pancakeswap_with_Cryptocurrency\"><b>Buy Pancakeswap with Cryptocurrency<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To buy CAKE, you must have an established coin in your wallet. You can get these coins by transferring them from another wallet. After successfully transferring cryptocurrency to your Trust Wallet, you can connect to Pancakeswap and exchange the coin for CAKE tokens.<\/span><\/p>\n<h3><span id=\"Buy_Pancakeswap_with_CreditDebit_Card\"><b>Buy Pancakeswap with Credit\/Debit Card<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Another way to buy CAKE is to buy major coins directly on Trust Wallet with your credit\/debit card. Then, connect to Pancakeswap and exchange the established cryptocurrency for CAKE tokens.<\/span><\/p>\n<h2><span id=\"Should_I_Buy_Pancakeswap_CAKE\"><b>Should I Buy Pancakeswap (CAKE)?<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Many people are usually conflicted when making investments, especially in digital assets. If you have concerns about buying CAKE, look through some factors that can determine whether the token is worthy of investment.<\/span><\/p>\n<h3><span id=\"Technical_Support\"><b>Technical Support<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Supported by the largest cryptocurrency exchange in the world, CAKE has most of the technical and corporate support it needs from Binance. Binance is the largest exchange, and Pancakeswap is gradually edging out competition in the Defi space such as Uniswap and Sushiswap.<\/span><\/p>\n<p><img  decoding=\"async\" class=\"alignnone size-full wp-image-1621\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/CAKE-chart.jpg\" alt=\"\" width=\"1742\" height=\"758\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/CAKE-chart.jpg 1742w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/CAKE-chart-300x131.jpg 300w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/CAKE-chart-1024x446.jpg 1024w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/CAKE-chart-768x334.jpg 768w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/CAKE-chart-1536x668.jpg 1536w\" sizes=\"(max-width: 1742px) 100vw, 1742px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">In addition to the authority of Binance and transparency of the Pancakeswap DEX, the project was also audited by CertiK, assuring investors that their tokens are safe. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">True to this, Pancakeswap has not been hacked in all the time it has been in operation. However, this is not a blanket excuse to invest in the token, as you have to do your research before going ahead.<\/span><\/p>\n<h3><span id=\"Long-Term_Project\"><b>Long-Term Project<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The growing long-term projects around the CAKE token are steady and give off the air that the coin has a secure future ahead. <\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Binance CEO, Changpeng Zhao has avid interests in the Binance Smart Chain, the protocol on which Pancakeswap sizably relies.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Whatever projects come from this protocol will affect CAKE, and expectations are that any future product from the chain will achieve impressive success. <\/span><\/li>\n<li><span style=\"font-weight: 400;\">If future projects from the protocol succeed, the value of CAKE could rise, and in turn, this may result in attractive gains. <\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">However, all is still based on speculation at this stage, meaning your buying decision should stem from research.<\/span><\/p>\n<h3><span id=\"Earning_Potential\"><b>Earning Potential<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">There is a potential to earn big with CAKE on Pancakeswap. While the platform is open for exchanges of various types, it is more welcoming to investors who hold its native governance token, CAKE. By holding CAKE, you can enjoy general features such as investing in liquidity pools.\u00a0<\/span><\/p>\n<p><img  decoding=\"async\" class=\"alignnone size-full wp-image-1622\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/CAKE-price.jpg\" alt=\"\" width=\"1782\" height=\"562\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/CAKE-price.jpg 1782w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/CAKE-price-300x95.jpg 300w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/CAKE-price-1024x323.jpg 1024w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/CAKE-price-768x242.jpg 768w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/CAKE-price-1536x484.jpg 1536w\" sizes=\"(max-width: 1782px) 100vw, 1782px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, you also enjoy exclusive benefits such as staking in SYRUP pools, farms, maximizing the prediction feature, and the lottery. Pancakeswap also offers NFT collectibles to investors with which you can earn more CAKE tokens. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to the pros mentioned above, the cost of trading on the platform is also lower for CAKE holders. Considering all of these, CAKE affords numerous opportunities for holders, whether for the long or short term.<\/span><\/p>\n<h3><span id=\"CAKE_Price_Prediction\"><b>CAKE Price Prediction<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">So far, CAKE has fared better than all predictions, and if the token holds onto its stable growth, continuous price increases could become notably profitable. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Irrespective of commentaries on the potential of the coin, CAKE remains a volatile asset that should be treated as such. This means you should read beyond the surface and understand more about the coin before investing.<\/span><\/p>\n<h2><span id=\"Risk_of_Buying_CAKE\"><b>Risk of Buying CAKE<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The primary risk involved in buying CAKE is the volatility that comes with all cryptocurrencies. The entire digital asset market is susceptible to speculation, and any change in the economic or political atmosphere can significantly impact the value of digital assets. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">With this in mind, you can mitigate potential CAKE risks by taking some steps:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Doing adequate research on the asset before investing;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Investing only as much as you can afford to lose;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Staying abreast of news and information in the market;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ensuring the risk of CAKE is not greater than your appetite;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Diversifying your portfolio; etc.<\/span><\/li>\n<\/ul>\n<h2><span id=\"Best_CAKE_Wallets\"><b>Best CAKE Wallets<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">By now, you know and understand how to buy Pancakeswap. Consequently, the next thing is to know the best wallets for the token. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">We have provided you with some of the best options in the market, and they are:<\/span><\/p>\n<h3><span id=\"Trust_Wallet_Overall_Best_CAKE_Wallet\"><b>Trust Wallet: Overall Best CAKE Wallet<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Our pick for the overall best CAKE wallet is Trust. With CAKE being a Binance-based token and Trust Wallet having great sync with the cryptocurrency giant, buying and storing the coin becomes seamless. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition, Trust Wallet allows you to connect directly to Pancakeswap to buy, sell, and trade CAKE. <\/span><span style=\"font-weight: 400;\">Being a multicurrency wallet, Trust also allows you to hold other cryptocurrency assets apart from CAKE at the same time.<\/span><\/p>\n<h3><span id=\"MetaMask_Best_CAKE_Wallet_in_Compatibility\"><b>MetaMask: Best CAKE Wallet in Compatibility<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">When CAKE was created, MetaMask was one of the first external wallets to feature the token. The multicurrency wallet allows CAKE to be bought, sold, stored, and traded at little cost. Since the creators of MetaMask took CAKE into cognizance while designing the wallet, it is one of the most compatible options for the token.<\/span><\/p>\n<h3><span id=\"Safepal_S1_Best_CAKE_Wallet_in_Security\"><b>Safepal S1: Best CAKE Wallet in Security<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Safepal S1 cryptocurrency wallet does two things right for CAKE. <\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">One, it provides top-notch security for users as it is a hardware wallet built to store cryptocurrencies offline. <\/span><\/li>\n<li><span style=\"font-weight: 400;\">Two, it provides a level of accessibility that is unmatched by other hardware wallets.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">On the first point, hardware wallets are more secure than their software counterparts. <\/span><\/li>\n<li><span style=\"font-weight: 400;\">The reason for this security strength lies in the offline storage of cryptocurrencies, which protects them from one of the market's significant risks: being stolen by hackers.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">On accessibility, Safepal allows users of the S1 wallet to access their portfolios from their mobile phones using the app.<\/span><\/p>\n<h2><span id=\"How_to_Buy_Pancakeswap_Bottom_Line\"><b>How to Buy Pancakeswap \u2013 Bottom Line<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Here is the summary on how to buy Pancakeswap; start by downloading Trust Wallet on your app store. Then, add established coins to your wallet and connect to Pancakeswap. Finally, exchange the established coin for CAKE on the app and store accordingly.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Following this straightforward process will get you Pancakeswap tokens within a few minutes. Continue to do this frequently, and you\u2019ll soon become an expert cryptocurrency trader!<\/span><\/p>\n<p>The Pancakeswap DEX (decentralized exchange) can also be used to buy Lucky Block, one of the <a href=\"https:\/\/insidebitcoins.com\/news\/best-cheap-cryptocurrency-to-buy-now\">best cheap cryptocurrency<\/a> assets to buy now based on an over 40x gain in early 2022.<\/p>\n<p>We also reviewed LBLOCK <a href=\"https:\/\/deficoins.io\/best-crypto-to-buy-under-1-cent\">in our news section<\/a>.<\/p>\n<h2 style=\"text-align: center;\"><span id=\"Buy_CAKE_Now_via_Pancakeswap\">Buy CAKE Now via Pancakeswap<\/span><\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img  decoding=\"async\" class=\"size-medium wp-image-998 aligncenter\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-300x46.png\" alt=\"\" width=\"300\" height=\"46\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-300x46.png 300w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-1024x158.png 1024w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-768x119.png 768w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-1536x238.png 1536w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-2048x317.png 2048w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/span><\/p>\n<p>&nbsp;<\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/deficoins.io\/buy-token\" class=\"su-button su-button-style-3d\" style=\"color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px\" target=\"_self\"><span style=\"color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none\"> Buy CAKE Now<\/span><\/a><\/div>\n<p style=\"text-align: center;\"><i>Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.<\/i><\/p>\n<h2><span id=\"FAQs\"><b>FAQs<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"How_much_is_CAKE\">How much is CAKE?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tAs at early August 2021, the price of CAKE jostles between $15 to $16.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"Is_CAKE_a_good_buy\">Is CAKE a good buy?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tCAKE can be a good buy, but that reality depends on a lot of factors. The token is supported by cryptocurrency giants and has a solid project backing it. Some commentators say that it may witness impressive growth in the coming years. But of course, you should note that these predictions have no tangible data to back their positions. As such, determining whether the coin is a good buy should be based on your personal research.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"What_is_the_minimum_CAKE_tokens_you_can_buy\">What is the minimum CAKE tokens you can buy?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tWhether you buy CAKE from Pancakeswap or any other exchange, there is no minimum amount of CAKE you cannot buy. CAKE was created to challenge the monopolization of the Defi market by Ethereum-based tokens; therefore, you can buy as much as you can afford.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"What_is_the_CAKE_all-time_high\">What is the CAKE all-time high?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tThe all-time high for CAKE happened on 30 April, 2021, when it peaked at $44.18. The all-time low was $0.19, which happened on 03 November, 2020.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"How_do_you_buy_CAKE_tokens_using_a_debit_card\">How do you buy CAKE tokens using a debit card?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tYou cannot buy CAKE directly with a debit card. Therefore, if you\u2019re concerned about how to buy CAKE using a debit card, you have to purchase an established cryptocurrency first. Start by using your debit card to buy an established coin such as BTC or ETH on Trust Wallet. Then, connect to Pancakeswap.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"How_many_CAKE_tokens_are_there\">How many CAKE tokens are there?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tCAKE has over 204 million tokens in total supply, and all are in circulation. To prevent oversupply, the Pancakeswap Treasury occasionally burns CAKE tokens to manage the volume in circulation. As at the time of writing in August 2021, the coin has a market capitalization of over $3.2 billion.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\n<script type=\"application\/ld+json\">\n\t{\n\t\t\"@context\": \"https:\/\/schema.org\",\n\t\t\"@type\": \"FAQPage\",\n\t\t\"mainEntity\": [\n\t\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How much is CAKE?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"As at early August 2021, the price of CAKE jostles between $15 to $16.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Is CAKE a good buy?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"CAKE can be a good buy, but that reality depends on a lot of factors. The token is supported by cryptocurrency giants and has a solid project backing it. Some commentators say that it may witness impressive growth in the coming years. But of course, you should note that these predictions have no tangible data to back their positions. As such, determining whether the coin is a good buy should be based on your personal research.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What is the minimum CAKE tokens you can buy?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Whether you buy CAKE from Pancakeswap or any other exchange, there is no minimum amount of CAKE you cannot buy. CAKE was created to challenge the monopolization of the Defi market by Ethereum-based tokens; therefore, you can buy as much as you can afford.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What is the CAKE all-time high?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"The all-time high for CAKE happened on 30 April, 2021, when it peaked at $44.18. The all-time low was $0.19, which happened on 03 November, 2020.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How do you buy CAKE tokens using a debit card?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"You cannot buy CAKE directly with a debit card. Therefore, if you\u2019re concerned about how to buy CAKE using a debit card, you have to purchase an established cryptocurrency first. Start by using your debit card to buy an established coin such as BTC or ETH on Trust Wallet. Then, connect to Pancakeswap.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How many CAKE tokens are there?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"CAKE has over 204 million tokens in total supply, and all are in circulation. To prevent oversupply, the Pancakeswap Treasury occasionally burns CAKE tokens to manage the volume in circulation. As at the time of writing in August 2021, the coin has a market capitalization of over $3.2 billion.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t\t\t\t]\n\t}\n<\/script>\n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CAKE is the native governance token of Pancakeswap, the decentralized exchange platform known for its affordability and accessibility. With Pancakeswap becoming more popular by the day due to its lower transaction cost execution speeds compared to other DEX\u2019s, its token is also gaining more visibility. CAKE is a BEP-20 token, as it was created on the Binance Smart Chain (BSC). Established in September 2020, it was designed to challenge the monopoly of Ethereum-based (ETC-20) tokens that have taken over the market. Offering better financial and administrative benefits, more investors are flocking to CAKE by the day. If you are looking <\/p>\n","protected":false},"author":5,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Buy Pancakeswap Full November 2024 Guide | Buy CAKE Tokens Now!<\/title>\n<meta name=\"description\" content=\"Are you looking to buy CAKE tokens from the comfort of your home? 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