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Best Exchanges to buy Pancake Games 2022 Pros and Cons

By Burle M. 10 min read

Pancake Games is only available on few crypto exchanges and you can't purchase it directly from fiat. First, You have to buy a widely used cryptocurrency like Bitcoin or Ethereum, after that you can easily buy you desired coin like GCAKE.
In this section we will first give you a complete guide on How can you buy Bitcoin on top exchanges like coinbase, binance etc.


Coinbase

Coinbase is also well-known for its strong liquidity, large variety of viable cryptos, and good security. It provides two methods to enter the cryptocurrency market, depending on the sort of trader you are.

While there are many cryptocurrency trading platforms available today, Coinbase readily makes an impression. It is one of the most well-known and trustworthy digital currency exchange organizations today, with a reputation for being the ideal trading platform for newcomers. This is owing to its basic and easy-to-use interface.

How to buy Bitcoin on Coinbase

If Coinbase appears to be the perfect platform for you, follow the step-by-step instructions below to open an account and begin trading (Dogecoin).

Step 1: Create Coinbase Account

Coinbase is accessible as a webapp and a mobile app for iOS and android. We'll be focusing at the web version for this guide. To begin, go to the sign-up page.

Step 2: Add Funds

Other possibilities for financing accounts could be available in other nations. Please consult this list to discover if purchasing bitcoin is legal in your country.

There are various different financing alternatives available to inhabitants of the United States.

  • Bank account transfers enable you to issue fast buy orders and conduct large-scale transactions.
  • PayPal transfers also allow you to buy cryptocurrency or withdraw dollars instantaneously.
  • Debit card payments may only be used for small-value investments and require a connected bank account or wallet.
  • Wire transfers take longer to process and are suggested for big payments of more than $25,000 USD.

Step 3: Buy Bitcoin

To begin, ensure that you have financed your account to use one of the ways provided above. Then, from the list of cryptocurrencies, pick Bitcoin from the Trade panel. Then you'll see a chart with the coin's price history and a button to place a purchase order.

Next, input the amount of money you wish to spend, and it will compute the matching BTC value for you. Finally, submit your order, and it will be completed as soon as possible.

If you wish to convert another cryptocurrency into BTC, go to the order box's Convert tab and choose your desired coin. Then, input the amount you wish to convert in USD, and the BTC value will be determined. Finally, click Preview Convert to check the conversion information and, if necessary, accept the rate.

You are now the proud owner of Bitcoin!


Binance

The Binance exchange is the simplest and most basic approach to begin purchasing the Bitcoin, since it is one of the most well-known and finest exchange platforms that provides an easy and rapid set-up to begin with the BTC.

How to buy Bitcoin on Binance

Follow the step-by-step instructions below to open an account and begin your first purchase of bitcoin.

Step 1: Create Binance Account

To begin, open a Binance account in order to purchase BTC. Binance accounts can be created by email or mobile. Choose your option and enter your personal information appropriately.

Visit the Binance Website. Click on the “Register” option in the upper right-hand corner and complete the relevant information. Binance will validate your account details throughout the registration process, which may take a few minutes.

After you've created your Binance account, you'll need to verify it. Select Identification from your profile icon to go to the verification screen. This Process is quite simple and straightforward. Just follow the steps that Binance Screen is showing.

Step 2: Select a Payment Method

Go to the Buy Crypto page. It contains a list of all available payment options. You can purchase BTC using a variety of fiat currencies. Enter the amount of fiat money you wish to spend, and the system will calculate the amount of Bitcoin you can acquire. Select your preferred payment method. Following the selection of your payment option, you will be brought to the buy crypto screen.

Step 3: Purchase Bitcoin

To proceed with the transaction, enter your amount that how much you want to spend on it or how much you want to Buy.

Now here you will have to be quick. After selecting your desired amount please double-check the payment details and expenses, and finish your purchase within 1 minute, otherwise the amount of Bitcoin you will get will be modified based on the current market price. Because in crypto market things change within seconds or minutes.

Following that, you will be able to immediately view the bought bitcoin in your Binance Spot Wallet.


OKx

OKx is a blockchain-powered digital asset exchange that offers high-level financial services to seasoned sellers and traders all around the world. This platform offers four key trading categories: C2C, Index, Token, and Futures. We'll guide you through the procedures necessary to begin buying Bitcoin with OKx.

How to buy Bitcoin on OKx

 Buying Bitcoin on OKx is very easy. To buy USDT on OKEx, Follow these steps:

Step 1: Register on OKx

Go to the Official website of OKx platform. Make sure that the website you are is Official. Now on the main screen of website you will see a ‘’Sign Up’’ Button.

Now OKx will sent you a code on your email address Verify the code and click continue.

Step 2: Add Funds

Sign in to your OKEx account and go to the top menu and select "Buy Crypto".

The Quick Trade tab will appear, along with the dynamic Buy widget. First, select the currency in which you wish to make your transaction. Then, choose the cryptocurrency you wish to purchase. In this case USD/Bitcoin;

Enter the amount of USD that you wish to use to buy BTC. Additionally, you can enter the amount of BTC you wish to purchase and OKx will calculate how much you'll need to spend.

Step 3: Buy Bitcoin

Choose a payment method for acquiring cryptocurrency. Depending on your location, you may have numerous alternatives for purchasing.

To complete your purchase order, click Buy.


Transfer BTC/ETH to a Pancake Games supported exchange

These are few cryptocurrency exchanges where you can buy Pancake Games. Transfer your Bitcoin/Ethereum to one of the below listed exchange and purchase GCAKE using simple steps.

1. MEXC Global Join Now

Buy Pancake Games on Decentralized Exchanges.

Below, you will find comprehensive and detailed review about top rated decentralized exchanges using which you can buy Pancake Games (GCAKE) easily.

1. PancakeSwap (v2)

PancakeSwap Exchange started in September 2020 on the Binance Smart Chain as an alternate automated market maker (AMM) to Uniswap Exchange, with cheaper transaction fees and faster speeds. While it began as just a copy and paste of Uniswap on some other blockchain, PancakeSwap Exchange has now evolved a number of features that have allowed it to be utilized more often than Uniswap.

With a variety of features and opportunities for users to make earnings, the platform currently has more Total Value Secured than Uniswap. PancakeSwap Exchange can meet your demands if you are seeking for a decentralised exchange with cheap fees and transaction expenses.

PancakeSwap (v2) Pros

  • Pools and farms benefit from high APR/APY returns.
  • Lower transaction costs than Uniswap.
  • A diverse assortment of items.
  • With an active community and developers, has more daily transactions than Uniswap.

PancakeSwap (v2) Cons

  • Possible loss in liquidity pool.
  • Prediction and the lottery might easily result in a loss of dollars (gambling).
  • Because of its popularity, the network may get clogged.
  • Many token scams are a possibility.

How to buy Pancake Games on PancakeSwap (v2)

In this section, we'll go through below steps on how to make your first Pancake Games purchase on Pancakeswap.

Step 1: Go to Pancakeswap.finance, click Connect Wallet and select Metamask or Trust Wallet. After connecting your wallet to Pancakeswap, you can now begin trading tokens on the Pancake official site.

Step 2: Click Trade > Swap from the main menu. Select the token you want to trade for, and the token you want in the top section (in our case Pancake Games), You can also search Pancake Games (GCAKE) in Coinmarketcap and copy/paste the GCAKE contract in Pancakeswap.

Step 3: You are now ready to place your order. You can put a number in the top area to specify how much you want to spend, or a number in the bottom field to specify how much you want to purchase.

 

Step 4: Before you finalize the conversion, go through the details and double-check that everything is in order. When you're finished, simply press "Swap" and then "Confirm Swap." That’s all.

As soon as the trade is verified, Pancake Games will appear in your wallet.


Uniswap (v3)

Uniswap is a decentralised exchange (DEX) that allows users to finance liquidity pools and benefit from them.

The platform's user-friendly online interface allows users to exchange Ethereum-powered ERC-20 tokens. Previously, decentralised exchanges had small order books and poor UXs, leaving a huge opportunity for successful decentralised exchange.

Users no longer have to accept defects because they can easily exchange Ethereum-based protocols using a web 3.0 wallet thanks to Uniswap. You can do so without having to deposit or withdraw funds from a centrally controlled order book. Uniswap allows users to trade without the intervention of a third party.

How to buy Pancake Games on Uniswap (v3)

In this section, we'll go through below steps on how to make your first Pancake Games purchase on Uniswap.

Uniswap allows you to buy Pancake Games (GCAKE) and any of the thousands of ERC20 tokens offered by the Ethereum network. To do so, you'll need sufficient ETH on hand to cover any transaction costs, as well as anything to exchange for the ERC20 token you desire mostly Ethereum or USDT (ERC-20).

 

Step 1: Navigate to the Uniswap exchange platform. Click the 'Connect to a wallet' option in the upper right corner and log in with the Metamask or Trust wallet.

Step 2: After logging in, the trading dashboard will be shown. Select the token you want to trade for, and the token you want in the top section (in our case Pancake Games), You can also search Pancake Games (GCAKE) in Coinmarketcap and copy/paste the GCAKE contract in uniswap.

Step 3: You are now ready to place your order. You can put a number in the top area to specify how much you want to spend, or a number in the bottom field to specify how much you want to purchase.

Step 4: At the bottom of the order menu, you'll see how much you'll be charged. If you're satisfied with these numbers, click the 'Swap' option. When you're finished, confirm the transaction, and it'll be processed. Once completed, your tokens will be available in your ERC20 wallet.


Conclusion

Choosing the best cryptocurrency platform for Pancake Games (GCAKE) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.




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