A Guide to Use PancakeSwap
As Bitcoin And Crypto Market Growing Very Fast Lots Of Newbies Entering In The Crypto Space. Most of Them Use To With Centralised Exchange Like Binance, KuCoin Houbi Etc. Most Of Cases New Crypto Token Or Coin First Listed on Decentralised Exchanges Like UniSwap, PancakeSwap Etc. For Early Entry And grab Opportunity of Juicey Return It’s Neccessary To Know How To Use / Operate Decentralised Exchanges. In This article I’m Going To guide You Step By Step How To Use PancakeSwap Exchange.
What Is PancakeSwap ?
PancakeSwap Is A Decentralised Exchange Build On Binance Smart Chain (BEP20). You Can Show Up ( Buy / Sell ) All BEP20 Tokens Using PancakeSwap. You Can also Stake, Farm, Provide Liquidity And Participate IFO ( Initial Farm Offering ) Using The PancakeSwap. Beside Token Swap you Can Also Earn Passive Income By Staking And Provide Liquidity. PancakeSwap Has There are Native Token Called $CAKE. Cake Token Is the governance and utility token across PancakeSwap ecosystem. As PancakeSwap Is build on Binance Smart Chain, transaction fees is very low. all transaction fees paid you by BNB token ( BEP20).
Also Read: CoinSwitch Refer And Earn
How To use PancakeSwap ?
1. First Of Download Trust Wallet App From Google Play Store Or App Store.
2. Open Trust Wallet App And Create A new Wallet.
3. For Transaction Fees You Need BNB Token So On Homepage Click On Smart Chain Click On It.
4. Now Copy The BNB Receive Address And Deposit BNB Token In Your Trust Wallet.
5 Now Click DApps Botton From Trust Wallet Homepage.
4. Here Just Click On PancakeSwap Option And Tap on Connect Wallet .
5. Select Trust wallet And Your PancakeSwap Exchange Will Be Ready To Swap.
6 .Now Select A Currency Which You Want To swap.
6. After Selecting A Currency Enter The Amount You Want To Swap And Tap On Swap.
7. Confirm The Swap And Complete Your Transaction.
8. Wait For Few Minutes Your Swap Currency Will Show In Your Trust Wallet Homepage.
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