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how to swap on pancakeswap with trust wallet
To swap tokens on PancakeSwap using Trust Wallet, you'll need to set up the Trust Wallet app, add the Binance Smart Chain network, acquire BNB for transaction fees, connect your wallet to PancakeSwap, and follow the on-screen instructions to complete the swap.
Nov 11, 2024 at 04:50 pm
How to Swap on PancakeSwap with Trust Wallet: A Step-by-Step Guide
PancakeSwap is a decentralized exchange (DEX) built on the Binance Smart Chain (BSC) that allows users to swap BEP-20 tokens. Trust Wallet is a popular mobile crypto wallet that supports a wide range of cryptocurrencies and blockchain networks, including BSC.
This guide will provide you with a step-by-step process on how to swap tokens on PancakeSwap using Trust Wallet.
Step 1: Set Up Your Trust Wallet
- If you don't already have Trust Wallet installed, download it from the App Store (iOS) or Google Play (Android).
- Create a new wallet or import an existing one.
Step 2: Add Binance Smart Chain (BSC) Network
- Open Trust Wallet and tap on the "Settings" tab.
- Select "Networks" and tap on "Add Network."
- Enter the following details:
Network Name: BSC Mainnet
Chain ID: 56
Symbol: BNB
RPC URL: https://bsc-dataseed.binance.org/
- Tap on "Save" to add the BSC network.
Step 3: Get Your BNB
- BNB is the native token of the BSC network and it's required to cover transaction fees on PancakeSwap.
- You can purchase BNB through Trust Wallet or send it from another source.
Step 4: Connect Your Wallet to PancakeSwap
- Go to the PancakeSwap website (https://pancakeswap.finance/).
- Click on "Connect" in the top right corner and select "Trust Wallet."
- Confirm the connection in your Trust Wallet app.
Step 5: Choose Your Tokens
- In the PancakeSwap interface, select the tokens you want to swap. You can use the search bar to find the desired tokens.
- Enter the amount of tokens you want to swap.
Step 6: Set Your Slippage Tolerance
- Slippage tolerance is the maximum percentage difference between your expected price and the actual price at which your order is executed.
- Set the slippage tolerance to at least 1% to account for price fluctuations.
Step 7: Review and Confirm
- Review the transaction details carefully, including the token amounts, exchange rate, and transaction fee.
- Once you're satisfied, tap on the "Swap" button to confirm the transaction.
Step 8: Wait for Confirmation
- The transaction will be processed and confirmed on the BSC network. This may take a few minutes, depending on network traffic.
Step 9: Check Your Balance
- Once the transaction is confirmed, the swapped tokens will appear in your Trust Wallet balance.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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