CAKE to BTC conversion chart
PancakeSwap to Bitcoin correlation
According to the correlation analysis CAKE and BTC have a strong relationship with each other and correlated. Whenever there is a change in the price of CAKE then BTC also tends to follow the same pattern and move together.
Live CAKE Price Change and Market Cap
At the moment, CAKE price is 0.000034 BTC and it changed by 7.75% in the last 24 hours. PancakeSwap has a total market capitalization of $7 today. 6.833 CAKE is in circulation. The 24-hour highest price of CAKE was 0.00003477 BTC and the lowest was 0.00003154 BTC.
PancakeSwap Price Prediction
PancakeSwap launch happened in late 2020, and it was trading for roughly half dollar in the bull market. The real growth started in early 2021 in sync with BNB and Binance Smart Chain, when traders and DeFi enthusiasts picked it as a cheaper and faster alternative to Ethereum. At the time, it rallied from below a dollar to $18.92 in February and then to its current all-time high on April 30, 2021: $44.18. Since then, it has been closed in a tightening downtrend.
The range of multiple CAKE price predictions in 2022 is really wide: from a realistic $2.255 to a bold $30. Most of the long-term predictions show little confidence that CAKE can overtake its ATH of $44.18 even in 2025. However, there are ultra bullish forecasts that predict PancakeSwap exceeding $100 by 2030.
CAKE to BTC exchange margin
The closing conversion rate for CAKE to BTC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 CAKE to BTC would result in an output of 0.000034 BTC.
How to convert PancakeSwap to Bitcoin
PancakeSwap and Bitcoin comparison
Established in 2020, PancakeSwap is a Binance Smart Chain-based decentralized finance platform. PancakeSwap is an automatic market maker (AMM) powered decentralized exchange. Provided you grant liquidity to a pool, you can list your own token on PancakeSwap with no sweat. The native token CAKE is a governance token of the platform that can be earned through yield farming. The more liquidity you contribute, the more CAKE you can earn and the more weight your vote has in steering the protocol.
Bitcoin was developed by Satoshi Nakamoto in 2009 with the idea of providing a peer-to-peer payment system using blockchain technology. Bitcoin network is decentralized and has an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
What is PancakeSwap?
Established in 2020, PancakeSwap is a Binance Smart Chain-based decentralized finance platform. At the time, decentralized finance (DeFi) was picking up the pace on Ethereum but ran into the hurdles of exorbitant network fees and transaction congestion — Binance Smart Chain became a popular alternative. PancakeSwap is an automatic market maker (AMM) powered decentralized exchange. Provided you grant liquidity to a pool, you can list your own token on PancakeSwap with no sweat.
The native token CAKE is a governance token of the platform that can be earned through yield farming. The more liquidity you contribute, the more CAKE you can earn and the more weight your vote has in steering the protocol.
PancakeSwap to Bitcoin price details
CAKE to BTC Conversion Rate and Price
Currently, the conversion rate for 1 CAKE equals to 0.000034 BTC. The 24-hour highest price of PancakeSwap in relation to BTC was 0.00003477 BTC and the lowest was 0.00003154 BTC. In short, CAKE price in relation to BTC changed by 7.75%.
Instantly Exchange CAKE to BTC
On ChangeHero you can instantly exchange PancakeSwap to Bitcoin without registrations. You can easily convert CAKE to BTC in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your CAKE to BTC exchange.
CAKE to BTC Best Rate Exchange
In the Best Rate exchange of PancakeSwap to Bitcoin, we search through various exchanges for the CAKE to BTC pair and find the best rate available in the market. We provide you with an estimation of the amount of BTC you will receive.
As soon as you accept the terms and the CAKE is deposited, the exchange will be automatically processed. We remind you that the final amount of BTC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of CAKE to BTC.
CAKE to BTC Fixed Rate Conversion
In the Fixed Rate exchange of PancakeSwap to Bitcoin, ChangeHero finds a good rate for the pair CAKE to BTC and fix the rate for up to 15 minutes. In the Best Rate exchange of CAKE to BTC, you will receive the exact amount of BTC which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned BTC address. ChangeHero is the best place to exchange CAKE to BTC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert CAKE to BTC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange CAKE to BTC?
No, you do not require an account to swap CAKE to BTCon ChangeHero. There will be no registrations for your PancakeSwap to Bitcoin transaction.
Do I need to go through KYC procedures for CAKE to BTC exchange?
There will be no KYC for the CAKE to BTC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange BTC to CAKE?
Yes, you can instantly exchange BTC to CAKE on ChangeHero.
Buy and sell Bitcoin
Looking to buy Bitcoin? On ChangeHero you can buy BTC with credit or debit card. Also, you can sell your cryptocurrency on ChangeHero for US Dollars and Euro. Give it a try.
