How to Stake PancakeSwap (CAKE): A Comprehensive Guide for Australians

Introduction

Staking PancakeSwap can be a great option for those who want to hold CAKE while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.

Step-by-Step Guide

1. Obtain PancakeSwap (CAKE) Tokens
To stake PancakeSwap, you need to own it. To obtain PancakeSwap, you'll need to buy it. You can choose from these popular exchanges.
Platform Coin Cost
PrimeXBT PancakeSwap (CAKE) 1.81
YouHodler PancakeSwap (CAKE) 1.81
Binance PancakeSwap (CAKE) 1.81
BTSE PancakeSwap (CAKE) 1.81
Coinbase PancakeSwap (CAKE) 1.81
Kraken PancakeSwap (CAKE) 1.81
See all 55 prices
2. Choose a PancakeSwap Wallet
Once you have CAKE, you'll need to choose a PancakeSwap wallet to store your tokens. Here are some great options.
Platform Coin Staking returns
Binance PancakeSwap (CAKE) Up to 0.12% % p.a.
Bitmart PancakeSwap (CAKE) Up to 1% % p.a.
View all 5 staking rewards
3. Delegate Your CAKE
We recommend using a staking pool when staking CAKE. It's simpler and quicker to get started. A staking pool is a group of validators who combine their CAKE, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Begin Validation
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the PancakeSwap network. You'll be rewarded with CAKE for these validations.

Platform	Coin	Cost
PrimeXBT	PancakeSwap (CAKE)	1.81
YouHodler	PancakeSwap (CAKE)	1.81
Binance	PancakeSwap (CAKE)	1.81
BTSE	PancakeSwap (CAKE)	1.81
Coinbase	PancakeSwap (CAKE)	1.81
Kraken	PancakeSwap (CAKE)	1.81

Platform	Coin	Staking returns
Binance	PancakeSwap (CAKE)	Up to 0.12% % p.a.
Bitmart	PancakeSwap (CAKE)	Up to 1% % p.a.

What to Be Aware Of

There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.

Latest Movements

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Market capitalisation: USD 674.62M
24-hour volume: USD 97.56M
Circulating supply: 291.94M CAKE

See the latest information

PancakeSwap CAKE News

December 16, 2025US senator sounds alarm on DeFi, cites PancakeSwap amid market structure delay

The Massachusetts senator requested a response by January regarding reports of political influence and money laundering linked to the decentralized exchange PancakeSwap.