Understanding CAKE
What is Pancake Swap?
PancakeSwap is a leading decentralised exchange (DEX) built on the Binance Smart Chain (BSC). Its native token, CAKE, is used for staking, governance, and liquidity incentives. Users can farm CAKE, participate in lotteries, and provide liquidity to earn rewards, making it a central component of the BSC DeFi ecosystem. With low fees and high-speed transactions, PancakeSwap has become a go-to platform for traders and yield farmers alike.
In Australia
How to buy Pancake Swap in Australia
- 1
Create your Wayex account
Sign up in minutes on iOS, Android or the web.
- 2
Verify your identity
Australian residents aged 18 and over verify once, in-app.
- 3
Deposit AUD with PayID or NPP
Fund your account instantly, with no deposit fee.
- 4
Buy Pancake Swap (CAKE)
Buy CAKE at live AUD market prices, then hold it or spend it with the Wayex Card.
Pancake Swap FAQs
- Can I buy Pancake Swap in Australia?
- Yes. You can buy Pancake Swap (CAKE) in Australian dollars with the Wayex app. Wayex is an Australian, AUSTRAC-registered platform that has operated since 2018.
- How do I pay for Pancake Swap?
- Fund your Wayex account in AUD with PayID or NPP, both free, then buy CAKE instantly. There is no surcharge on AUD deposits.
- What fees does Wayex charge to buy Pancake Swap?
- Wayex charges 1% on any crypto buy, sell or spend. AUD deposits and withdrawals via PayID or NPP are free, and there is no annual account fee.
- Can I spend Pancake Swap with the Wayex Card?
- Yes. Once you hold CAKE in the Wayex app you can spend from your balance with the Wayex Crypto Visa Card anywhere Visa is accepted, online or in store.
Explore more
Other coins on Wayex.
Get started
Access a World of Crypto.You’re Closer Than You Think!
- 01
Download the app
Available on iOS and Android. Sign up in minutes with your email.
- 02
Get verified, instantly.
Fast KYC with your Australian ID. Most accounts verify in minutes.
Learn how - 03
Buy, Sell and Spend!
Trade AUD into 90+ crypto assets, and spend anywhere Visa is accepted.
