There are two ways for you to deposit into your Cake DeFi account:
Depositing from an exchange or hot wallet:
Depositing from an exchange or hot wallet:
- Log into your Cake DeFi account and click on “BALANCES” in the upper right-hand corner of your profile.
- Select the cryptocurrency you would like to deposit into your account and click “DEPOSIT” next to your desired crypto.
- Scan the QR code from your mobile phone (if you are transferring from another exchange or mobile crypto wallet) or copy and paste the address displayed into your exchange or online wallet (if you are transferring from another exchange on your desktop or laptop).
- Enter your newly deposited funds into one of Cake DeFi’s yield generating products and then sit back, relax and enjoy up to 80% rewards.
Please make sure to always double-check the address you are depositing into matches your deposit address, and only send the selected cryptocurrency to that address.
Depositing fiat into crypto via the fiat on-ramp:
Depositing fiat into crypto via the fiat on-ramp:
- Log into your Cake DeFi account and select “BUY BTC / ETH or DFI”.
- Select the “currency” and the amount of BTC, ETH or DFI that you wish to purchase.
- Click on “PAYMENT MODE”, and choose from one of our fiat on-ramp partners like TRANSAK, BANXA or Apple Pay (some may not be visible to you depending on your location).
- Click “CONTINUE” and follow the instructions provided before selecting “CHECK-OUT”.
- You will then be prompted to complete the payment process via the selected fiat on-ramp gateway.
- Once payment is complete, you will receive an email notification confirming the transaction, then you can enter your newly deposited funds into one of Cake DeFi’s yield generating products and sit back, relax, and enjoy up to 80% rewards.