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What is BakeryToken?

BakerySwap (BAKE) is a decentralised exchange which has adopted the automated market maker (AMM) model on the Binance Smart Chain. BAKE is the native utility token for the BakerySwap ecosystem.

  • Rather than trading against an order book, BakerySwap users will trade against a liquidity pool which is provided by the users and supporters of BakerySwap.
  • Their native token 'BAKE' may be used for governance voting, transaction fee dividends and BAKE rewards which may be earned through staking BAKE or supplying liquidity via the BakerySwap platform.
  • The BakerySwap ecosystem provides multiple liquidity pools including BTC, ETH, DOT, LINK, and BAKE against BNB.

The team have created an all-in-one DeFi platform that provides both an NFT Marketplace and AMM solutions in one place and expects the BAKE-BNB pool to provide tenfold the rewards in comparison to other pools.

How do I swap BakeryToken?

Enter amount to swap
Select the quantity of BakeryToken you would like to swap.
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Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about BakeryToken

Why Should I Trade BAKE with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell BakeryToken no matter what your trading experience is. Unlike other international and Australian BakeryToken exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy BakeryToken with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade BakeryToken how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your BakeryToken?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your BakeryToken for free.

Cold Storage

If you are holding BakeryToken as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy BakeryToken. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for BakeryToken. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
BakeryToken has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As BakeryToken is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual BakeryToken exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in BakeryToken & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying BakeryToken safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your BakeryToken portfolio here.
Yes! With CoinSpot you can convert your BakeryToken to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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