Dear Respected Users,
Hotbit is scheduled to list CAKESWAP (CakeSwap Token) on Global Section.
Deposit function launches at: 2021.11.09 06:00 AM UTC
Trading function launches at: 2021.11.09 08:00 AM UTC
Trading Pair: CAKESWAP/USDT
Note: According to the mechanism of CAKESWAP’s contract, by successfully depositing CAKESWAP into their Hotbit accounts, the users are required to pay a 13% of deposit transaction fee, which means that the actual volume of CAKESWAP that the users will receive as deposit = The volume of CAKESWAP that the users initially transferred - 13% of transfer transaction fee deducted on-chain.
The actual volume of CAKESWAP that the users will receive as withdrawal = The volume of CAKESWAP that the users initially transferred - the CAKESWAP withdrawal fees on Hotbit- 13% transfer transaction fee deducted on-chain.
For further details regarding the mechanism of CAKESWAP contract, please feel free to contact CAKESWAP‘s official team.
【Hotbit users exclusively enjoy “Minus Maker Means Minus Transaction Fee” mechanism. By placing and settling any maker order, the user will enjoy 0 transaction fee and an extra 0.30% of the trading volume of his/her maker order as reward on Global Section!】
Project Name: CakeSwap Token
CAKESWAP, a native utility token of CakeSwap Exchange (DEX), it's used for a variety of purposes within the growing landscape. Its main functions are yield farming and staking.
CakeSwap exchange is a type of decentrilized exchange (DEX) known as an automated market maker (AMM). This essentially means that there are no order books, bid/ask system or limit/market orders.
Instead, users trading on the platform automatically draw liquidity from one or more liquidity pools, which then rebalance after the trade is complete.
Token type: BEP-20
Total supply: 1,000,000,000 CAKESWAP
Circulating supply: 500,000,000 CAKESWAP
Official Website: https://cakeswap.exchange
The investment on cryptocurrency projects is subject to high market risks. Please make your investments cautiously. Hotbit will make best efforts to choose the cryptocurrency projects with high quality, but Hotbit will not be responsible for any of your investment losses.
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