How to Buy CAKE in 2022
CAKE is a token fueling the PancakeSwap decentralized exchange that runs on the Binance Smart Chain network and uses an Automated Market Maker model. The main utility of CAKE is to incentivize the provision of liquidity into the PancakeSwap pools. This guide will show you how to buy CAKE in 2022 inside probably the best cryptocurrency wallet, Honee.
The easiest way to buy CAKE in 2022 is to exchange other cryptocurrencies that you already have in your wallet for it. For that:
- Press the Swap button, which is located at the very top of the main page of the wallet;
- Pick any available token from the list, and in the field below, select CAKEBSC. This is the original CAKE, which has been wrapped from the BSC network by Minter oracles;
- Press the Swap button once more and confirm the operation.
Now you know how to buy CAKE in 2022 and do it quickly thanks to the advanced cryptocurrency wallet that Honee is. We are sure that with the help of Honee, your earning and hodling routine will reach a new level!