Trade CAKE for IOTA
A brief step-by-step guide on how to trade CAKE for IOTA anywhere in the world without KYC
- You already have some CAKE
Open the exchange website
In this guide we'll be using Intercambio.app.
Simply click on "Intercambio.app" to open it.
Perform the exchange
Select the currency you'll be exchanging from on the left, so in this case CAKE, and the one you'll be exchanging for on the right, in this case IOTA.
Input the amount of CAKE you want to sell for IOTA, paste the receiving address for your IOTA after the trade is done and click "TRADE".
Finally send the amount of CAKE to the address that shows up on the screen by either copy-pasting the address shown on the page into your wallet or scanning the QR code on the right.
Sit back and wait
Make sure to note down the Trade ID shown on the page in case of issues with the trade.
Transactions can take a while to complete (often as long as an hour) so be patient.
If you encounter any issues contact Intercambio.app customer support with your Trade ID.