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Rubix makes it easy to buy, trade and sell CAKE, the native token on the PancakeSwap DeFi network. Using advanced trading tools, we can help you safely manage your CAKE portfolio with a simple and easy-to-use interface.
PancakeSwap is the biggest and most widely used decentralized exchange that currently uses the Binance Smart Chain (BSC). Using a native token called CAKE, PancakeSwap has amassed a huge pool of liquidity that users can access for trading BEP-20 tokens. Large-scale users can also stake CAKE and earn tokens on their holdings.
PancakeSwap is a completely decentralized network of smart contracts and open source software that has become extremely popular in the DeFi trading world. This is partly because it has the largest pool of users and stakeholders in the Binance network, partly because of its ever-increasing suite of features and partly because of the openness and trust-free total transparency of the open source code that it uses. Using Binance Smart Chain also gives CAKE a valuable position as a potential alternative to the much more commonly used Ethereum-backed alternatives.
All of the trades executed through PancakeSwap are done with smart contracts, which completely eliminates the need for regulation through a centralized exchange by eliminating counterparty risks. The open code is also available for audit by any public party, which creates a trust-free network of confident exchanges.
Who created CAKE?
The creators of CAKE have decided to remain completely anonymous. Though nobody knows who created PancakeSwap or whether the original team is still in place, the firm has been audited several times to ensure compliance with security and financial regulations. It is known that the management team behind the CAKE network consists of about a dozen people, who are known as chefs. This team includes two leads, known as Hops and Thumper, and it is believed the team employs several engineers to keep the code up to date.
How do I exchange and Trade PancakeSwap?
PancakeSwap’s native token, CAKE, is available through DeFi networks and is also up for trade on Rubix. Once you have CAKE in your account, you can use it to buy, hold or trade it as you would with any other cryptocurrency. You can convert CAKE into other cryptocurrencies, including fiat currencies such as USD or Euro, with a variety of trading tools, depending on the platform you are using to make the trades.
CAKE trades on Rubix are fast and easy, with cutting-edge software tools put in place to ensure security and privacy for every trade. Our user interface is built to be easy for anyone to use at any skill level, and you can access the CAKE in your trading wallet from anywhere, even through your smartphone.
Exchange CAKE using Rubix
Trading CAKE on the Rubix exchange could not be easier. To get started, just set up an account and fund your wallet. You can do this with credit and debit cards, or with direct transfers from other crypto wallets or a bank account. Our design and support teams make it easy to deposit the assets you need to fund your portfolio.
Trades on our platform take place in real-time and with advanced security to ensure a fair and honest record for every transaction. When your CAKE appears in your dashboard, you are ready to go. Manage your CAKE tokens the same way you would with any other currency, by placing simple, direct orders to buy, sell or trade your assets.
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