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PancakeSwap Price in India (CAKE)

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CAKE to INR Converter

As per last price at 00:00:00, 01/01/70

INR

CAKE

TRADE CAKE NOW

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CAKE Performance

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CAKE Market Information

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CAKE Price Today

The live price of PancakeSwap is ₹ 0 per (CAKE / INR) with a current market cap of INR. 24-hour trading volume is ₹ INR. CAKE to INR price is updated in real-time. PancakeSwap is +0% in the last 24 hours with a circulating supply of .

About PancakeSwap (CAKE)

What is PancakeSwap (CAKE)?

PancakeSwap is a DeFi platform that offers faster transactions at a low cost and operates on the Binance Smart Chain (BSC). It is powered by its native and utility token CAKE, which has established itself as a prominent DeFi token in the larger crypto space. The DEX offers several features such as earning rewards via staking and yield farming, participating in lotteries, and governance rights. 

Who founded PancakeSwap (CAKE)?

PancakeSwap (CAKE) was founded in September 2020 by an anonymous developer. 

Primary features of PancakeSwap (CAKE)

• CAKE token: CAKE token offers several utilities in the ecosystem, such as facilitating all transactions on the network and allowing token holders to participate in governance.

• Strong community backing: PancakeSwap has a strong community backing that drives the platform’s activity and engagement and contributes to overall growth and development.

• Low transaction fee: PancakeSwap offers some of the lowest transaction fees in the DeFi space, making it more usable and cost-efficient than platforms built on Ethereum. 

• Cross-chain interoperability: Although PancakeSwap is built on the Binance Smart Chain (BSC), it has expanded beyond the BSC ecosystem with integration across other blockchains such as Ethereum to offer cross-chain swaps.

Is CAKE a promising cryptocurrency?

PancakeSwap (CAKE) is one of the fast-growing DeFi projects with its token CAKE establishing itself as a strong contender in the DeFi space. The token is trading at $1.66 as of early September 2024 and is the top #111 crypto by market cap. In terms of trading volume, CAKE ranks at #166. Since its launch in 2021, CAKE has maintained a good upward trend, showcasing strong potential. As per technical analysis, CAKE is estimated to trade at around $25.84 by 2030.

Download the CoinSwitch app to invest in CAKE.

How do I use CAKE?

• CAKE can be bought, hodled, and sold from a crypto exchange like CoinSwitch to leverage the price movement. 

• CAKE token holders can stake their tokens to earn staking rewards. 

• They can also participate in the platform governance by voting. 

• CAKE holders can swap their CAKE tokens with other cryptocurrencies on the PancakeSwap DEX.

Pros & Cons of PancakeSwap (CAKE)

Pros

• PancakeSwap offers several opportunities to earn rewards such as yield farming, staking, and lottery features.

• PancakeSwap has a strong community backing that drives the platform’s activity and engagement.

• PancakeSwap enables trading through pools of funds, called liquidity pools, which are contributed by users.

Cons

• Like other crypto, CAKE is subject to market risks and volatility that could impact its price. 

• CAKE faces strong competition from market leaders like Uniswap and SushiSwap. 

• Being built on the Binance Smart Chain (BSC), PancakeSwap is overly reliant on it, which raises concerns about centralization.

How to trade in PancakeSwap (CAKE) on CoinSwitch?

• To trade in PancakeSwap (CAKE) download the CoinSwitch app.

• You can start with just ₹100.

• CoinSwitch offers a suitable marketplace for trading in cryptos like CAKE with just a nominal fee.

PancakeSwap (CAKE) ICO summary

PancakeSwap (CAKE) did not have a traditional Initial Coin Offering (ICO). Instead, during its initial launch, 75% of the CAKE total supply was distributed to farmers and 25% to Syrup token holders. With this approach, PancakeSwap built its strong and decentralized community.

Bitcoin Resources

1. How do I buy PancakeSwap?

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To buy PancakeSwap, do the following steps:

Step 1:

Sign in to your CoinSwitch app using your registered mobile number. Enter the OTP sent to your phone, then input your CoinSwitch PIN to access your account.

If you don't have an account, click here to register: new account.

Step 2:

After logging in, you'll find your CoinSwitch dashboard. Look at the top right corner for a search icon. Use it to find PancakeSwap.

Step 3:

Once you find PancakeSwap and are ready to buy, click on the Buy button at the bottom of the screen and follow the instructions to make your purchase.

2. What is the price of PancakeSwap?

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The price of 1 PancakeSwap is ₹0.

Note: PancakeSwap prices are subject to change in the future based on market trends.

3. What is the price of PancakeSwap today?

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The current price of 1 PancakeSwap is ₹0.

Note: PancakeSwap prices are subject to change in the future based on market trends.

4. Can I buy PancakeSwap for ₹100?

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Yes! You can buy PancakeSwap for as low as ₹100 on the CoinSwitch app.

5. How much is 1 PancakeSwap in rupees?

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The current value of 1 CAKE is ₹0.

6. What is the current trend in PancakeSwap?

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CAKE has been NaN% in the last 24 hours.

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CAKE to INR Converter

As per last price at 00:00:00, 01/01/70

INR

CAKE

TRADE CAKE NOW

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