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Check the Latest Price of Pancakeswap in India Today on BuyUcoin

Pancakeswap Price CAKE-INR

₹ 332.81

Current Price

Pancakeswap Price Chart in INR

  • Day
  • Week
  • Month

Last Price ▾ -1.54%

₹ 332.81

24h High

₹ 340.27 

24h Low

₹ 331.75

24h Vol

₹ 4299805806

1 CAKE to INR

Instant Buy

Current Price of 1 CAKE = 600,000 INR
For 100 INR you will get = 0.00045 CAKE

Coming Soon

Pancakeswap Price History in INR

  • Day
  • Week
  • Month
Time Price in INR Change in %
Time Price in INR Change in %
Time Price in INR Change in %

About PancakeSwap (CAKE)

Market Cap Rank

#78

PancakeSwap is a Binance Smart Chain Network-based decentralized exchange platform. PancakeSwap is unique because it uses permissionless liquidity pools that are only governed by algorithms. These algorithms enable PancakeSwap to operate entirely autonomously, without the need for market makers, as it employs its automated market makers.


What is PanCake Swap (CAKE)?

PancakeSwap (CAKE) is Binance Smart Chain's CeDeFi DEX and AMM solution, based on the Uniswap model.

In the cryptocurrency business, decentralized exchanges and automated market-making (AMM) systems have become standard, allowing any development team to publish their project without third-party approval and any user to supply trading pair liquidity and access assets smoothly. These cutting-edge platforms provide open, distributed, and decentralized access, removing power from gatekeepers who previously had near-total control over the process.


Who Created Pancake Swap (CAKE) Cypto?

In September 2020, a group of anonymous coders developed PancakeSwap. PancakeSwap was unique at its debut since it was built on Binance Smart Chain (BSC), allowing faster and less expensive transactions than Ethereum. As DeFi's mainstream moment in 2020 caused tremendous demand for transactions, Ethereum suffered from pricey and delayed transactions at the time of PancakeSwap's inception. At the time, Ethereum was the platform of choice for almost all DeFi applications.


How does Pancake Swap Coin Work?

PancakeSwap is built on an Automated Market Maker (AMM) model, which means it doesn't employ an order book system (common on centralized exchanges) to match traders.

Users trade against a liquidity pool of funds by multiple other users in an AMM model. Users receive liquidity provider (LP) tokens in exchange for depositing their supported crypto tokens into liquidity pools, which reflect their share of that particular liquidity pool.

These LP tokens can be used to reclaim their share and earn trading fees on other people's transactions.When users contribute tokens in specific pairs, such as BUSD-BNB, USDT-BUSD, CAKE-BNB, and others, LP tokens are created. CAKE is a BEP-20 token on the BNB chain that encourages PancakeSwap to provide liquidity.


How To Earn Free Pancakeswap?

You can earn Pancakeswap coins by signing up on BuyUcoin, referring your friends, becoming an affiliate, trading CAKE Coins, and participating in trading tournaments and crypto festivals.

PancakeSwap Price Prediction

Pancakeswap Price Today in India is ₹ 332.81 with a 24-hour trading volume of ₹4,29,98,05,806. In the last 24 hours, CAKE-INR price has decreased by -1.54%. Pancakeswap CoinMarketCap rank is 78. The circulation supply of Pancakeswap is 16,07,47,783.042344CAKE coins, with maximum circulating supply being unlimited.

Pancake Swap Price Prediction 2022

The minimal cost of PancakeSwap in 2022, according to a technical study of PancakeSwap prices, will be $5.06. The price of CAKE can rise to a maximum of $5.94. Around $5.26 is predicted to be the average trading price.

According to Wallet Investor's CAKE price projections, there will be long-term growth; the price forecast for 2026 is $65.061. The income of PancakeSwap (CAKE) pricing fluctuations is estimated to be around +564.48 percent after a 5-year productive investment.

According to Digital Coin Price, the coin's price might triple in six years by 2026, and the chart should show a clear rally around $15.81.


Pancake Swap Coin Price History 2021

Pancake swap (CAKE) market value increased dramatically in 2021. A single coin was worth $0.6 at the start of the year, but by Feb, it had doubled in value. In April 2021, Pancake swap touched an all-time high of $42, making it the best year ever. Traders were optimistic that businesses would support the price and that prominent people would provide more liquidity in the liquidity pool.


Is Pancake Swap a Good Investment in 2022?

Yes, It's possible. While its native coin is now worth a lot more than it was when it was first released, it is still worth a lot less than it was in the spring of 2021.

With their CAKE price estimate, CryptoNewsZ is a little unclear. According to PancakeSwap forecast, a spike in the price of CAKE could be noticed somewhere between the years 2022 and 2023, taking it to a higher peak marked at $11.50, followed by a possible correction by October 2022, it reads. The average Price would be $10.80, with a maximum price of $11.50.


Pancakeswap Features

Swapping

PancakeSwap is a DeFi protocol that was created specifically for transferring BEP-20 tokens. Anyone can use this platform to trade their BEP-20 token on the Binance Smart Chain-based exchange.

Farming

PancakeSwap has its native token, CAKE, that you may farm. PancakeSwap's farming function allows users to deposit and lock their LP tokens in exchange for CAKE tokens.

Addition of Liquidity

Traders can swap tokens without using order books because the PancakeSwap exchange is based on the AMM concept. To farm CAKE tokens, one must first increase the exchange's liquidity.

Lottery

Apart from the swap, stake, and farm, PancakeSwap allows lottery tickets using CAKE tokens. Each lottery session takes about 6 hours, and a lottery ticket costs about ten cakes & it will give you a random four-digit combination number between 1 to 14.

Buy and Sell PancakeSwap Coin In India at the best price

Whether you want to buy Pancake Swap (CAKE) in India or you want to sell PancakeSwap in India at the best CAKE price in INR then you can count on Buyucoin- The most secure and safest platform in India. It is the best Indian Exchange that offers CAKE to INR trading pair. It is India’s most secure, dedicated, User friendly and trusted digital exchange.

At BuyUCoin you can not only buy/ sell at the best PancakeSwap price in INR but also more than 100+ cryptocurrencies and It follows payment industry best practices with strict KYC-AML policies because of these features BuyUCoin become a leader in the Indian cryptocurrency Market of cryptocurrency exchanges

Should I Buy Pancakeswap in India with BuyUcoin?

BuyUcoin users can buy and sell Pancakeswap through various payment methods we provide. It’s quick, simple, and safe. BuyUcoin is an exchange platform where consumers can swap digital currencies such as Bitcoin, Ethereum, Shiba Inu, Dogecoin and over 150 other cryptocurrencies. In addition, when you sign up, you will be rewarded with free Bitcoin worth INR 100.

BuyUcoin, which has over 1M+ registered users, provides a comprehensive range of options that allow users to buy, sell, trade and store cryptocurrencies at a low price in India. Start trading now to receive INR100 worth of free Pancakeswap after registering.

1 CAKE to INR

Instant Buy

Current Price of 1 CAKE = 600,000 INR
For 100 INR you will get = 0.00045 CAKE

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