If you're trying to figure out if you should buy PancakeSwap (CAKE) and where, you've come to the right place! Here at Exwhere we have created a list to guide and help you decide on the best and most convenient exchange for you to do so, according to your needs and availability per region or country of residence.
To find the right exchange, you can get started by simply reviewing the most liquid trading pairs available, verifying the exchange's availability in your country and set up an account on any of these platforms to be able to trade the coin you have funded and get CAKE. If you're new to the cryptocurrency world, we suggest you to gather information and read about these exchanges before making any decisions.
If you want to learn more about the market of cryptocurrency trends, it may be a good idea to follow the projections of Bitcoin since it helps predict the future value of your favorite crypto coins like PancakeSwap.
Here is a list of the top 3 most liquid exchanges to buy the cryptocurrency PancakeSwap (CAKE) on:
Beware: Some of the mentioned exchanges are unavailable to US/UK investors due to policies and region protocol. Don't worry! If you're an American/UK citizen or live in an Asian country, we still have some options for you down below.
List of Best Crypto Exchanges for US Residents
List of Best Crypto Exchanges for EU/UK Residents
List of Best Crypto Exchanges for Asian Residents
PancakeSwap is a decentralized exchange built on Binance Smart Chain in 2020, featuring great liquidity levels, lower trading fees than Ethereum built platforms, a full ecosystem of DeFi tools and a variety of other features making it a highly popular network in the cryptocurrency world.
Although it was built by an anonymous team, it has been audited by blockchain security firms, and their website and smart contract are also open-source, which allows anyone to get the information they need about the network.
The PancakeSwap platform was designed to allow users to buy and trade Binance Coin and other tokens in a decentralized and secure way, through smart contracts.
CAKE is their native utility token, launched on Binance Smart Chain. Its main functions are incentivize liquidity provision, staking, and yield farming. It is also a deflationary token, since it doesn't have a maximum supply, so tokens are burned regularly to reduce it.
As an extra step, you might be interested in comparing the prices of CAKE to other BSC tokens, tokens built on Ethereum or other major coins such as Bitcoin to make sure it's the right cryptocurrency for you to buy, which you can easily do through our Cryptocurrency Compare tool here.
Now that you have decided on buying PancakeSwap, the next step is to get a cryptocurrency wallet to store your assets! That's why we did the research for you and created a guide on the best wallets to keep your CAKE and interact with the PancakeSwap network from your account safely and easily.
Many of these wallets feature functions that allow deposits through a credit card, debit card, wire transfer and other secure purchasing methods, and can be used through your phone, computer, web browser or be a whole separate device! All you have to do now is review the one that best fits your needs, set up your account and you'll be done in a few minutes.
Here is Exwhere’s overview of the top-recommended wallets to store your PancakeSwap (CAKE) on:
Website: pancakeswap.finance/
Reddit: reddit.com/r/pancakeswap/
Twitter: twitter.com/pancakeswap
Instagram: instagram.com/exwhere2/