How to Stake PancakeSwap (CAKE): A Step-by-Step Guide

Introduction

Staking PancakeSwap can be a great option for those who want to hold CAKE but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. Obtain PancakeSwap (CAKE) Tokens
In order to stake PancakeSwap, you need to have it. To obtain PancakeSwap, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
PrimeXBT PancakeSwap (CAKE) 1.99
YouHodler PancakeSwap (CAKE) 1.99
Binance PancakeSwap (CAKE) 1.99
BTSE PancakeSwap (CAKE) 1.99
Coinbase PancakeSwap (CAKE) 1.99
Kraken PancakeSwap (CAKE) 1.98
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 good options.
Platform Coin Staking rewards
Binance PancakeSwap (CAKE) Up to 0.12% APY
Bitmart PancakeSwap (CAKE) Up to 1% APY
See all 5 staking rewards
3. Delegate Your CAKE
We recommend using a staking pool when staking CAKE. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their CAKE, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
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	Price
PrimeXBT	PancakeSwap (CAKE)	1.99
YouHodler	PancakeSwap (CAKE)	1.99
Binance	PancakeSwap (CAKE)	1.99
BTSE	PancakeSwap (CAKE)	1.99
Coinbase	PancakeSwap (CAKE)	1.99
Kraken	PancakeSwap (CAKE)	1.98

Platform	Coin	Staking rewards
Binance	PancakeSwap (CAKE)	Up to 0.12% APY
Bitmart	PancakeSwap (CAKE)	Up to 1% APY

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.

Latest Movements

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Market cap: US$674.62M
24h volume: US$97.56M
Circulating supply: 291.94M CAKE

See latest information

Frequently Asked Questions About Staking PancakeSwap (CAKE)

What staking rewards are available on PancakeSwap (CAKE)?: PancakeSwap offers various staking rewards for users who participate in its liquidity pools. Currently, there are three staking rates available, with the best rate found on MyCointainer. Staking allows users to earn CAKE tokens by locking their assets in a pool, thereby contributing to the platform's liquidity. It is essential to stay informed about these rewards, as they can fluctuate based on market conditions and user participation.
What are the staking rewards for PancakeSwap (CAKE), and how do they work?: Staking rewards for PancakeSwap (CAKE) are incentives provided to users who lock their CAKE tokens on the platform to support liquidity and network operations. Users can earn rewards by participating in various liquidity pools or by directly staking their CAKE in the platform's designated pools. The rewards vary based on the specific pool and market conditions. To maximize your earning potential, it is essential to stay updated on the latest rates and pools available on Bitcompare.

PancakeSwap CAKE News

January 13, 2026PancakeSwap (CAKE) price outlook: supply cuts, technical rebound, and key January catalysts - CoinJournal

PancakeSwap (CAKE) price outlook as supply cuts, technical rebound, and January catalysts shape near-term market sentiment.

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.