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Buy BakeryToken (BAKE)

BAKE

$0.38

24H Change
-4.80%
24H Volume
$14.9M
Global Rank
#561
Market Cap
$71.0M

BakeryToken Price

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About BakeryToken (BAKE)

BakeryToken (BAKE) is an essential part of the BakerySwap ecosystem. BakerySwap is an automated market making (AMM) protocol, which is built on the Binance Smart Chain (BSC). BakerySwap offers liquidity pools for several altcoins, such as DOT, LINK, and others. 

BAKE tokens have two main functions. First, they allow holders to earn a share of trading fees. BakerySwap charges a 0.30% fee on all trades and swaps, of which 0.25% is awarded to liquidity providers. Second, they function as a governance token, which allows holders to vote on new proposals and upgrades to the BakerySwap network. BAKE tokens can either be bought from an exchange or earned by being a liquidity provider (LP) on the BakerySwap platform. 

Looking to buy or sell BAKE? Sign up to the Swyftx Crypto Exchange today and start trading right now. 

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How to Buy BakeryToken (BAKE) in Australia

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BakeryToken FAQs

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Where is the best place to buy BakeryToken?

The best place to buy BakeryToken is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade BakeryToken and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

How is the price of BakeryToken determined?

The price of BakeryToken is determined by the forces of supply and demand in the market. Similar to other assets, the price of BakeryToken is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for BakeryToken are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy BakeryToken with credit card?

Swyftx does not allow you to directly buy BakeryToken with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy BakeryToken instantly.

Top Traded Assets on Swyftx

By number of orders

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-6.30%
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-3.50%
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USD Tether
USDT
0.0%
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XRP
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-3.40%
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Period: Last 24 hours

BAKE Buys and Sells

By number of orders

42% Buy
42%
Buys
58%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

Dislcaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.