To transfer CAKE from MetaMask to Binance, select CAKE in Binance.
Then, copy the deposit address.
Launch your MetaMask and select CAKE
Click Send.
Paste the address that you have copied on Binance.
Enter the amount and click Next.
Lastly, click Confirm.
Steps to Transfer CAKE from MetaMask to Binance
- Go to Fiat and Spot
- Select CAKE and Copy the Deposit Address
- Launch MetaMask
- Paste the Address and Enter the amount of CAKE
- Click Confirm
- Check Activity & Binance
1. Go to Fiat and Spot
Log in to the Binance.
Click Wallet in the upper right corner of the webpage.
Then, click Fiat and Spot.
2. Select CAKE and Copy the Deposit Address
After clicking the Fiat and Spot, you will be able to see the assets list.
Select CAKE by using the search box given.
Once you have found CAKE, click Deposit.
In the Deposit Crypto window, select the Network as Binance Smart Chain.
Then, copy the deposit address shown below the Network field.
Note: Minimum deposit must be over 0.00000001 CAKE.
3. Launch MetaMask
Launch your MetaMask wallet extension.
Type in your password to unlock it.
To view CAKE, you must be on the Smart Chain.
4. Paste the Address and Enter the amount of CAKE
Once you are in the Smart Chain, you will be able to see CAKE.
Now, click Send.
You need to paste the address that you have copied in Step 2.
Then, you will be able to enter the CAKE that you wish to send.
Click the Max button if you want to send the maximum CAKE.
Lastly, click Next.
5. Click Confirm
After clicking Next, you will be able to see the estimated gas fee and the total CAKE after the deduction of the gas fee.
Click Confirm.
6. Check Activity & Binance
Now, you can check the status of this transaction in the Activity tab on your MetaMask wallet.
There you can see whether your transaction is pending or sent.
If you click on it, you will be able to see the transaction status on BSCScan.
You can also head back to your Binance account and check the CAKE balance in Fiat and Spot.
For us, it took 3 minutes to receive Cake in Binance.
Steps to Transfer CAKE from MetaMask Mobile Application to Binance Mobile Application
- Tap Deposit
- Select CAKE and Copy the Deposit Address
- Launch MetaMask Application
- Paste the Address and Enter the amount of CAKE
- Tap Confirm
- Check Status in MetaMask & Binance
1. Tap Deposit
Launch the Binance application.
Tap on the Wallet icon.
Then, you will be able to see Deposit, Withdraw, and Earn.
Tap on Deposit.
2. Select CAKE and Copy the Deposit Address
After tapping on Deposit, you need to tap Crypto.
Select CAKE using the search box.
Upon tapping on CAKE, it will ask you to choose the Network.
Select Binance Smart Chain.
Now, you will be able to see the deposit address.
Tap on the copy icon to copy the address.
3. Launch MetaMask Application
Launch your MetaMask mobile application.
To view CAKE, you must be on the Smart Chain.
4. Paste the Address and Enter the amount of CAKE
Once you are in the Smart Chain, tap Send.
You need to paste the address that you have copied in Step 2.
Tap Next.
Then, you will be able to enter the CAKE that you wish to send.
Tap on the Max button if you want to send the maximum CAKE.
Lastly, Tap Next.
5. Tap Confirm
After tapping Next, you will be able to see the estimated gas fee and the total CAKE after the deduction of the gas fee.
Tap Confirm.
6. Check Status in MetaMask & Binance
Now, you can check the status of this transaction by tapping on CAKE in your MetaMask wallet.
There you can see whether your transaction is pending or sent.
You can also head back to your Binance account and check the CAKE balance.
For us, it took 4 minutes to receive CAKE in Binance.
Conclusion
Sending CAKE to Binance is a straightforward task.
The transfer time of CAKE from MetaMask to Binance is 5-15 minutes. It may vary depending upon the network congestion.
After sending CAKE to Binance, you can convert it to fiat currency if you wish.
To convert CAKE to fiat currency, you need to go to the Spot section in Binance.
To go Spot section, you need to click the Trade button at the top of the webpage.
Then, select the currency pairs and make a sale.
In CAKE’s case, you can convert CAKE to EUR/ GBP or whatever your fiat currency is.
If you are looking for cash out CAKE, you can Check out: How to Withdraw Money from Binance to Bank Account