CAKE to STX Exchange

Frequently Asked Questions

• How to Exchange CakeDAO to Stacks?

  To exchange CakeDAO to Stacks on Atomex DEX you just need to:
  - create or restore a wallet in Atomex App
  - fund it with some CAKE amount you want to exchange
  - go to the DEX section and choose your CAKE outputs in “Send from”
  - choose a prefered STX address in “Receive to” window
  - specify the amount to exchange, and press the Exchange button
  - confirm your operation and then just let your app complete the swap.

• What Cryptocurrency exchange should I use?

  It completely depends on your personal needs. Some people still rely on traditional exchanges. If you do so you have to choose the most reliable and user-friendly one. There you have to be confident that you won’t lose your funds or face any obstacles like KYC or limits or withdrawal stucks or etc. On the other hand if you are going to make an exchange on-chain you should be aware of different kinds of DEXs, routes, wrap tokens, slippages and a batch of other things. In most cases. If you want to exchange CAKE to STX on-chain, it’s usually pretty hard to get the same simplicity as you get on centralized exchanges. Right here we can recommend you to try the Atomex DEX, which is definitely one of the most convenient and efficient way to do a CAKE to STX exchange.

• Do I need to convert CakeDAO to Stacks today?

  CAKE/STX price is relatively fluctuate, and can vary significantly from day to day. To choose the right moment for conversion you have to watch for the price periodically. And once it seems to be acceptable, you can easily convert some CAKE to STX in your Atomex App.

• How to Convert CakeDAO to Stacks at the Best Rates?

  To get the best rate you should take into account a number of potential expenses: network fees, exchange fees, supposed market impact for your volume, price fluctuations, fees for withdrawal, etc. Converting CAKE to STX at Atomex DEX allows you to forget about most of them, leaving only the price and network fees. That’s the reason why Atomex offers you quite competitive rates as a result.

• What is the minimum CAKE to STX exchange amount?

  All conversion operations on Atomex DEX are completely processed on-chain. So the network fees play a big role in the exchanging process. You should note that the Atomex App and DEX interface won’t let you swap if the commission exceeds 75% of the conversion amount. So the minimum amount of CAKE to exchange depends on the mining fees in CakeDAO and Stacks networks

• What are the fees to convert CAKE to STX

  All conversion operations on Atomex DEX are completely processed on-chain. So the network fees play a big role in the exchanging process. You should note that the Atomex App and DEX interface won’t let you swap if the commission exceeds 75% of the conversion amount. So the minimum amount of CAKE to exchange depends on the mining fees in CakeDAO and Stacks networks

• What are CakeDAO to Stacks Exchange Benefits with Atomex?

  With Atomex you exchange your CAKE right from your wallet and get the STX right on it in a decentralized manner. You don’t need to go through KYC, deal with any wraps, go through a number of DApps or wait for withdrawals. In other words Atomex gives you the purest on-chain way to convert your CAKE to STX.