How to buy PancakeSwap (CAKE) in Australia

Learn how to buy PancakeSwap (CAKE) easily by following a step-by-step guide and compare 10+ crypto exchanges.

Swyftx Cryptocurrency Exchange

Swyftx Cryptocurrency Exchange logo
  • Buy CAKE and 310+ cryptocurrencies
  • Fast online ID verification & deposits
  • Low fees and spreads
  • Demo mode for beginner traders
Go to site

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

How to buy PancakeSwap

Look for an exchange that supports both fiat and cryptocurrency to simplify buying PancakeSwap.

  1. Open an account on an exchange that supports CAKE.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy PancakeSwap.
  3. Buy PancakeSwap.
    Complete your PancakeSwap purchase and then find the best wallet to store CAKE.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is PancakeSwap?

PancakeSwap is a decentralised exchange that makes use of the Binance Smart Chain (BSC). Much like many of the other food-themed DeFi products in the market today — such as SushiSwap, Pickle Finance, etc. – it affords users the ability to farm tokens in exchange for liquidity. Also, it is worth emphasizing that since the project has been built atop BSC, users can only trade tokens, add liquidity and acquire incentives via BEP-20 complaint assets. CAKE is the native crypto of the PancakeSwap ecosystem, with its main goal being to incentivize liquidity providers. Even though the currency has no max supply cap, small sums are burned regularly, so as to reduce its overall supply pool (thus preventing their value from being diluted).

PancakeSwap (CAKE) is the 62nd largest cryptocurrency in the world by market cap, valued at $1,862,755,413. The current price of PancakeSwap is $7.14, which is -7.703% lower than yesterday. Prices have ranged between $8.02 and $7.01 over the past 24 hours. All prices are listed in US dollars and accurate as of January 27, 2022 05:01 UTC.

Where to buy PancakeSwap

Find an exchange to buy, sell and trade CAKE by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID


Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID


Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID


CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID


Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
Coinstash Cryptocurrency Exchange
Bank transfer, Cryptocurrency, PayID


Buy 250+ different cryptocurrencies using AUD with competitive trading fees on this Australian-owned and operated exchange.
FTX Cryptocurrency Exchange
FTX Cryptocurrency Exchange
Credit card, Wire transfer, Silvergate Exchange Network (SEN), Signature SIGNET


Sign up through Finder for a 5% discount on all trading fees. T&Cs apply.
FTX is an exchange built by traders for traders, with a range of derivatives markets such as options and futures with deep leverage, in addition to standard spot markets. Note: Not available for US customers.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA


Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit\/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.

Compare up to 4 providers

Is it a good time to buy PancakeSwap?

The technical analysis gauge for PancakeSwap displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of PancakeSwap based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of PancakeSwap: moving averages, oscillators and pivots. Finder is not responsible for how CAKE performs.

PancakeSwap at a glance

Information last updated January 27, 2022 05:01 UTC.
Coin symbol CAKE
Coin Marketcap US$1,862,755,413
Circulating CAKE 262,192,918
Current price US$7.14
All time high US$43.96
All time high date April 30, 2021
Industry Automated market maker
Token uses Staking, rewards
Network Binance Smart Chain

PancakeSwap price performance over time

Historical prices compared with the price of US$7.14.

1 hour 0.93%
24 hours -7.70%
7 days -32.87%
14 days -36.87%
30 days -45.79%
60 days -45.22%
200 days -52.51%
1 year 493.65%

Recent PancakeSwap developments

December: PancakeSwap has announced their Inital Farm Offering (IFO) 3.0 and new IFO cake pool is now live. Users staking CAKE in an IFO stake pool earn IFO credits which secure commitment limits in the next IFO sale.

How to sell PancakeSwap

You can cash out your CAKE with the same exchange you bought it through:

  1. Sign in to the exchange you have CAKE on.
    If you store your PancakeSwap in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of CAKE you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of PancakeSwap.

What to consider when buying PancakeSwap

Below are the aspects you should consider before investing in CAKE:
  • Operational framework: PancakeSwap employs an automated market maker (AMM) model instead of a traditional order book to allow users to trade assets. Additionally, to receive steady returns as well as a portion of future trading fees, users are required to deposit their funds in a set pool. Incentives are distributed in the form of CAKE tokens which can later be reimbursed in exchange for BETH as well as various other cryptos.
  • Recycled source code: It is not uncommon for many decentralized applications (dApps) to share the same source code with a few minor tweaks here and there. For example, SushiSwap is an out-and-out copy of the popular DeFi platform UniSwap. In the same vein, PancakeSwap is by and large a more refined iteration of SushiSwap, with the project featuring a similar UI and design scheme.
  • Interoperability: Since Binance Smart Chain (BSC) is compatible with the Ethereum Virtual Machine (EVM), it allows for all of the dApps that have been built atop it to be interoperable with a wide range of Ether-based wallets including MetaMask, MEW, etc.
  • Fee model: When making use of the platform, participants are required to pay a flat 0.2% fee as part of their individual transactions. Of this figure, 0.17% is set aside for liquidity providers with the remaining amount being burned by the protocol.
  • Novel product offerings: In addition to its various yield farming options, PancakeSwap also comes pre-built with a platform for Initial Farm Offerings (IFOs) as well as an NFT marketplace where users can buy/sell a wide range of tokenized assets including synthetic shares for assets like Tesla, Google, Netflix, etc.

Disclaimer: Cryptocurrencies, including PancakeSwap, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of CAKE is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the PancakeSwap or any other cryptocurrency discussed.

More guides on Finder

Get into cryptocurrency

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site