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Author Topic: How to buy a BEP20 token with TrustWallet on PancakeSwap  (Read 742 times)

NextMoon

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How to buy a BEP20 token with TrustWallet on PancakeSwap
« on: April 27, 2021, 02:07:18 AM »

The objective is to have a blockchain wallet, and then send BNB to this wallet, to be able to buy on PancakeSwap.
But, there are 2 types of BNB, 1 called BEP2 used in centralized exchanges and one called BEP20 used on Binance smart chain.
We need the BEP20 not the BEP2, both are the same but on different blockchains.


Follow the steps below to get them

   Steps in detail


Step1.  Download the TrustWallet App
go to the website, and download based on your phone type.
Website: https://trustwallet.com/

Save Your Recovery Phrase, to be able to recover your wallet if lost your phone


Step2.  Get The BNB (BEP20 version, called Smart Chain)

a - Get your wallet address. Click on BNB then click Receive
Your Wallet QR code, and under it the wallet address will appear (copy it, you will need it)
Go to any exchange that has BNB and send some to the address you just copied.

b- Once you get your BNB, you can switch it to BNB Smart Chain on the DEX inside the app (keep a bit of BNB for fees)

If you have an account on binance, you will be able to send the BEP20 version of BNB (called BSC or smart chain) directly.
thus instead of a and b, just do xx below.


xx- Get your BSC wallet address. Click on Smart Chain then click Receive
Your Wallet QR code, and under it the wallet address will appear (copy it, you will need it)
Go to binance, choose withdraw BNB, choose BEP20 Network, and use the address you just copied.


Step3.  Go to PancakesSwap to buy NextMoon
On your wallet, next to DEX you will find DApps, click on it.
Find PancakeSwap, it should be below among the Popular ones.

Go to PancakeSwap, and connect your TrustWallet

Step4.  Select NextMoon
Copy this address : 0xe665d9abcfe78962385aa5a8aa0a35e33b8f2c20

On PancakeSwap , click select currency and paste the address copied.
A logo should appear and the token NextMoon


Step5.  Slippage Tolerance
You need to set slippage tolerance, click on the icon as in the photo above.
set the slippage to 7 to 9% (we burn 5% and the rest is for the exchange depending on traffic)


Step6. Just Click Swap
That's it.



The tokens will be transfered to your trust wallet. Price will appear once token listed on coinmarketcap or other price platforms.

For pancakeswap, there are 2 versions, version1(old) and version 2
price might be a bit different between these 2 versions.

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How to buy a BEP20 token with TrustWallet on PancakeSwap
« on: April 27, 2021, 02:07:18 AM »


 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
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