Swap Your CAKE and WAVES with the Best Rates Here on SwapSpace
If you’re looking to exchange CAKE to WAVES coins, you came to the right place! Our mission here at SwapSpace is to provide you with a number of exchange options from our partners, so that you can compare the offers and choose the best crypto exchange for you needs. On this page, you can read more about your coins, look at CAKE/WAVES crypto price dynamics, try our cryptocurrency exchange pairs, and exchange your crypto now — no need to even leave this page!
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CAKE / WAVES Live Price Chart
Despite the fact that CAKE and WAVES are such an exotic exchange pair that there’s no price chart for this pair to pull up — you can still easily swap CAKE to WAVES at SwapSpace.
From the beginning of December 2022, the prices of both CAKE and WAVES tokens were moving in a similar trajectory along with the overall trends of the crypto market. At that time most of the cryptocurrencies were experiencing a downtrend and the prices of both coins were going down. On December 10 to swap CAKE with WAVES users had to pay 1.9. While both tokens continued to decline, the price of CAKE experienced more losses, which affected the CAKE to WAVES price chart to go up to 2.1. The CAKE to WAVES price chart stayed at around that level almost till the very end of December.
At the beginning of January 2023 the price of CAKE in WAVES was at around 2.2. The conversion rate stayed rather stable as both assets were going up in a similar tempo. In the middle of January the situation changed as WAVES token started to outperform the native coin of the PancakeSwap exchange. From January 16 the CAKE to WAVES exchange ratio went down to 1.54. It then grew to 1.9 as the value of WAVES went for a correction. By the end of January the CAKE token was gaining value much faster and outperformed the WAVES coin, which made the CAKE to WAVES exchange ratio to go up to 1.7 and then drop again as WAVES was building up its value.
At the beginning of February both tokens were going up along with the trends of the crypto market. On February 5 to swap CAKE with WAVES users had to pay 1.6. The CAKE to WAVES conversion rate stayed stable till the end of the month, when WAVES started bullying, making the CAKE to WAVES price chart lose points, going as low as 1.3.
From that point the CAKE/WAVES trading pair price started to slowly return to the previous level as the value of the WAVES token was corrected. On March 1 the CAKE to WAVES exchange ratio was at the level of 1.56 and stayed around the same level in the following week as both tokens were moving in a similar trajectory, losing their value as the crypto market was experiencing a price correction. On March 9 the value of CAKE in WAVES was at 1.71.
How to Exchange CAKE and WAVES on SwapSpace
On this page, we already put CAKE in the “You send” and WAVES in the “You get” section in the exchange window below — so you should just enter the amount you want to exchange. Next, press the ”View offers” button and select the exchange service that you like the most. Choose either fixed or floating exchange rate, as we at SwapSpace provide you with options for either of them!
Fill in the “Provide the recipient address” field with the destination WAVES address and provide the refund address for your CAKE if you want. If your preferred wallet is Trezor, you can press the button to connect a wallet and simplify the exchange process (more on that — in our FAQ). Check the information carefully and click the “Next” button.
Using the wallet of your choice, send your CAKE to the address you see on the screen. You can use the QR code to speed up the process. You can also press the “Connect Wallet” button, which will give you options to connect your Metamask wallet, Trezor, or use WalletConnect (more on using those options — in our FAQ). As soon as our partner gets your CAKE, the exchange will continue.
At this stage, you need just to wait until you get your coins in the wallet. Check the Swap Tracker if you want to know the exchange status, and feel free to contact the support if it seems like something is going wrong. That’s it!
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