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Author Topic: How to buy a BEP20 token with Metamask on PancakeSwap  (Read 588 times)

NextMoon

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How to buy a BEP20 token with Metamask on PancakeSwap
« on: April 27, 2021, 02:29:41 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.  Get the Metamask Wallet
It can be an addon to your browser (firefox,chrome,brave,edge) or a mobile app
go to the website, and download based on your browser or phone type.
Website: https://metamask.io/download.html

Step1- partB. Connect the Metamask to the Binance Smart Chain Network
To do that, there are some settings to change, you can find them here:
https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain


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

a - Get your wallet address. Click on your wallet name, and your wallet address will be copied.
Go to any exchange that has BNB (BEP20 version, called BSC) and send some to the address you just copied.

If you have an account on binance, you will be able to send the BEP20 version of BNB (called BSC or smart chain) directly.

b - In case you do not have a binance account, and you can only send BNB on binance chain, not on smart chain.
You will need to take an extra step, by adding the binance chain wallet, which allows you to receive BNB and then send it to BSC
https://docs.binance.org/smart-chain/wallet/binance.html


Step3.  Go to PancakesSwap to buy NextMoon

https://exchange.pancakeswap.finance

Once on PancakeSwap, you will need to connect your Metamask


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

Or simply click on the links below:

New Pancake Exchange : https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xe665d9abcfe78962385aa5a8aa0a35e33b8f2c20

Old Pancake Exchange : https://v1exchange.pancakeswap.finance/#/swap?outputCurrency=0xe665d9abcfe78962385aa5a8aa0a35e33b8f2c20


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 metamask 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.

Altcoins Talks - Cryptocurrency Forum

How to buy a BEP20 token with Metamask on PancakeSwap
« on: April 27, 2021, 02:29:41 AM »


 

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