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How to use pancakeswap after downloading it from Apple?

Oct 01, 2024 am 11:36 AM
BlockchainBitcoincryptocurrencyEthereumexchangeBlock explorermetamaskpancakeswap exchange

Using PancakeSwap requires the following steps: 1. Set up a MetaMask or Trust Wallet wallet; 2. Add the Binance Smart Chain network; 3. Fund the wallet with BNB tokens; 4. Connect PancakeSwap; 5. Buy or sell tokens; 6. Add liquidity; 7. Staking income.

How to use pancakeswap after downloading it from Apple?

How to use PancakeSwap after downloading it from Apple

1. Set up wallet

  • Download and install MetaMask or Trust Wallet wallet app.
  • Create or import an existing wallet.

2. Add Binance Smart Chain (BSC) network

  • Open your wallet and go to "Settings".
  • Select "Network" and click "Add Network".
  • Enter the following BSC network details:

    • Network name: Binance Smart Chain
    • New RPC URL: https://bsc-dataseed.binance .org/
    • Chain ID: 56
    • Symbol: BNB
    • Block Explorer URL: https://bscscan.com

3. Fund your wallet

  • Purchase BNB tokens from an exchange that supports BSC (such as Binance).
  • Send BNB to your wallet address.

4. Connect PancakeSwap

  • Open the PancakeSwap website: https://pancakeswap.finance.
  • Click the "Connect" button.
  • Select your wallet provider (e.g. MetaMask).
  • Allow PancakeSwap to access your wallet.

5. Buy or Sell Tokens

  • Click on the "Trade" tab.
  • Enter the token you want to sell in the "From" field.
  • Enter the token you want to purchase in the "To" field.
  • Enter the amount you want to redeem.
  • Click the "Swap" button.
  • Confirm transaction.

6. Add Liquidity

  • Click on the "Pool" tab.
  • Select the token pair you want to add liquidity to.
  • Enter the number of tokens you want to invest.
  • Click the "Approve" button to authorize PancakeSwap to use your tokens.
  • Click the "Add Liquidity" button.
  • Confirm transaction.

7. Staking income

  • Click the "Farm" tab.
  • Select the token pair you want to stake.
  • Enter the number of tokens you want to stake.
  • Click the "Approve" button to authorize PancakeSwap to use your tokens.
  • Click the "Stake" button.
  • Confirm transaction.

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