How to Buy PancakeSwap (CAKE) in Anguilla

A Step-by-Step-Guide on how to buy PancakeSwap (CAKE) in Anguilla

Step 1 – Join Coinbase – Get Free $10

You'll first need to buy one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and receive your first 10 Dollar.

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. PancakeSwap (CAKE) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to)

Make sure you have chosen the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate {PancakeSwap (CAKE)|(CAKE) PancakeSwap}

Once your deposit has been confirmed, you will directly have access to your finances and you can initiate invest and trading. To buy {PancakeSwap (CAKE)|(CAKE) PancakeSwap} on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To locate {PancakeSwap (CAKE)|(CAKE) PancakeSwap}, you will need to put the shortname of the coin (CAKE) into the search-box, which is marked in the picture. Make sure you have selected the correct pairing, we've marked this too. Click on “CAKE/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} PancakeSwap (CAKE)
Step 4 – Acquisition of {PancakeSwap (CAKE)|(CAKE) PancakeSwap}

As soon as you have located {PancakeSwap (CAKE)|(CAKE) PancakeSwap}, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're making our own Limit Order.

The ”Price” field will be filled automatically with the most recent price {PancakeSwap (CAKE)|(CAKE) PancakeSwap} was sold for. This can be changed to your favoured price. The ”Amount” field is the volumen of CAKE you want to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete volumen of CAKE.

If you are satisfied, make a mouse click on “Buy CAKE”. Your order will be filled when a Vendor trades their CAKE for the price you offered.

Step 5 – Withdraw {PancakeSwap (CAKE)|(CAKE) PancakeSwap}

Unless you are trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive period of time. To take off your {PancakeSwap (CAKE)|(CAKE) PancakeSwap}, go to the ”Funds” tab and mouse click on “Withdraw”. {PancakeSwap (CAKE)|(CAKE) PancakeSwap} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {PancakeSwap (CAKE)|(CAKE) PancakeSwap} by using the given drop-down box. Put into the quantity of {PancakeSwap (CAKE)|(CAKE) PancakeSwap} you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address.

If you are happy, click on “Submit”. You may be asked for email/phone verification before a take off.

Kudos! You have successfully bought and stored PancakeSwap (CAKE) in Anguilla.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your take off using Ethplorer.io or Etherscan.io and the {PancakeSwap (CAKE)|(CAKE) PancakeSwap} is safe within your wallet, you're all done.

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