How do I create an exchange?

How do I exchange Bitcoin? #

If you would like to exchange cryptocurrencies, then you can use Cake Wallet’s built-in ChangeNow exchange - with up to 16 cryptocurrencies available. For example, if you want to exchange Bitcoin to Monero.

If you are creating an exchange with your Cake Wallet: #

Step 1 #

Go to the balance screen and tap on the “Exchange” button. Choose your desired currencies under “Convert from” and “Convert to”, by tapping on the abbreviation with a dropdown arrow to the right.


Step 2 #

Input the receiving address (using the paste button, scanning QR code, or using Address book). We use your current BTC or XMR wallet address as the refund address. Then enter an amount. You can send all available funds from your wallet by pressing the “All” button. Check that all of the filled-in information is correct, and press “Exchange”. On the next screen, you will see the Trade ID. Please copy or save the Trade ID.

Step 3 #

To confirm the trade, press “Confirm”. After that, you will see the trade details screen. You can track the status of the exchange there. The status will display “Finished” when an exchange has been completed. You can also tap “Track” to track your trade with the provided link. You can always come back to this screen by swiping to the right of your balance, and tapping on the exchange in your Transaction History.

If you are creating an exchange with a third-party wallet: #

Step 1 #

Go to the balance screen and tap on the “Exchange” button. Choose your desired currencies under “Convert from” and “Convert to”, by tapping on the abbreviation with a dropdown arrow to the right.

Step 2 #

Input the receiving address and refund address (using the paste button, scanning QR code, or using Address book). Then enter an amount. Check that all of the filled-in information is correct, and press “Exchange”. On the next screen, you will see the Trade ID. Please copy or save the Trade ID.

Step 3 #

Then, go to the third-party wallet and send the amount to the address shown under exchange details. You can track the status of the exchange there. The status will display “Finished” when an exchange has been completed. You can also tap “Track” to track your trade with the provided link. You can always come back to this screen by swiping to the right of your balance, and tapping on the exchange in your Transaction History.

You can watch our YouTube tutorials here: #