How to buy Cake Monster (MONSTA) crypto coin
The Cake Monster coin is bit more complicated to get, because of a lack of trading platforms that list it. There's only 1 exchange with three pairs: 0X8A5D.../WBNB, 0X324E.../0X8A5D... and 0X8A5D.../BUSD. All the details about read below.
Where to buy Cake Monster
Step 1You need an account with a cryptocurrency exchange that supports Monsta coin. All of them provided on our site. Create it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
PancakeSwap (v2) | 0.25 / 0.25 | MEDIUM | No | $4578 |
Transfer or purchase with peer-to-peer trading one of this coins: 0X8A5D..., BUSD or WBNB.
Step 3Go to spot market on exchange and type the token name in search box. Choose between available trading pairs, then set order and push Buy MONSTA button.
Congratulations!
Once you press buy, the Monsta will be deposited in your account on the trading platform. Please be advised that just moving your coins off trading platform into separate wallet, you help better protect your purchase. This would not only shorten your risk if your cryptocurrency exchange of choice gets hacked, but if you transfer a “cold,” or offline, wallet, your Cake Monster coin becomes protected assets. Only disadvantage is, generally have to pay a small fee to transfer your coins from the trading platform.
What is Cake Monster
A Hyper-Deflationary and Dividend-Yielding asset on BNB Chain that introduces a new form of monetary policy. Cake Monster is a unique and elastic DeFi protocol that works in deflationary two year cycles on BNB Chain. The intrinsic token (MONSTA) value is backed by its non-correlated asset vault reserves (e.g BNB, CAKE), which are largely used to reward holders at the end of each cycle. While the total token supply is constantly decreasing with every transaction and gamified features, the non-correlated claimable backing value is constantly increasing, creating an interesting dance between future and current demand mechanisms via Staking. At its core, MONSTA is a Hyper-Deflationary, Dividend-Yielding token with unique reserve mechanisms and a hybrid monetary policy. It aims to combine sustainability, dividend yield, and reward generation with cute memes, NFTs, and gamification. We have put an additional focus on organic growth and upgradability of smart contracts. A fair and constantly improving ecosystem contributes to the quality and longevity of the project and will help us achieve our goals.
Video Review
What is Cake Monster ($MONSTA)?
Statistics and Externals
Concepts of hashing algorithms not applicable to Cake Monster blockchain. The startup is based in Portugal.
Price and supply
The current total supply is 7.3 billions, with a circulating supply of 6991578775.4644 MONSTA as of Nov 2024. The Cake Monster max amount of coins that will ever exist is 9642552404.2623.
The Cake Monster price is $0.000051456001 as of 06:18 AM. The price went down on 0% over the past 24 hours. The recent price action left the token's market capitalization at 6.4 millions united states dollars. In recent 30 days, the Cake Monster crypto was declined on 0%.
FAQ
What crypto exchange can I buy Monsta token?
Monsta coin can be bought from one trading platform. Some of them: PancakeSwap (v2).
Is Cake Monster cryptocurrency a good investment?
The Monsta crypto is a risky asset that can lost value. Because of high volatility of all Blockchain based assets you bear in mind: any cryptocurrency has a possibility price to crash to zero, unexpected changes in market can lead to sharp and sudden moves in price and you can lose all of your invested funds. Aside from that investing in cryptocurrencies is potentially extremely profitable.
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About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
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