Pancake swap

Decentralized exchange, created by Binance team, is the largest centralized crypto exchange in the world. It has its own token — CAKE, which you can stake on the project’s site. It will bring you more than 100% profit a year. The easiest way to buy CAKE — is to visit Binance, where you can buy tokens for dollars, euros, and many other fiat and cryptocurrencies.

Step-by-step manual

  1. Proceed to Binance. If you are not registered, click here to sign up.
  2. If you have cryptocurrency, transfer it to Binance, if not, you can buy any currency with a credit card, but first, you’ll have to verify your account.
  3. Buy CAKE.
  4. To withdraw CAKE you’ll need Binance Smart Chain wallet, the easiest way to get it is to install a browser extension from Binance. You can download it here.
  5. Withdraw CAKE from Binance to your new wallet.
  6. Proceed to PancakeSwap and choose a Binance Chain wallet in a pop-up window, then confirm a message from the wallet itself.
  7. Proceed to the «Pools» page and stake your CAKE tokens in the top pool, after choosing either fixed or flexible staking.

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