$CAKE

CAKE is the native token of PancakeSwap, a decentralized exchange (DEX) on the Binance Smart Chain (BSC). On Binance, you can easily buy, sell, and trade CAKE. Additionally, you can stake CAKE on Binance Earn to generate passive income. Its main uses on PancakeSwap include governance, yield farming, and access to lotteries and NFTs. Being on the BSC, CAKE offers fast and low-cost transactions. Binance facilitates the conversion between CAKE and other cryptocurrencies, as well as allowing withdrawals to external wallets. Its volatility makes it attractive to traders and holders looking to maximize their investment.