PancakeSwap: PancakeSwap is a multichain decentralized exchange (DEX) that has become the go-to platform for trading cryptocurrencies. It is built on the Binance Smart Chain (BSC), Ethereum and Aptos Network. The platform is designed to be accessible to everyone, regardless of their level of technical knowledge. This means that even if you are new to cryptocurrency trading, you can quickly learn how to use PancakeSwap and start trading.
Trust Wallet: Used by over 60 million people worldwide, Trust Wallet mobile is an easy-to-use, true multi-chain self-custody wallet, which allows you to store and manage over 9 million crypto assets including NFTs across 70 blockchains. Trust Wallet gives you the ability to natively buy, swap and stake a number of crypto assets without having to leave the app and also connect to thousands of Web3 dApps safely with the in-built dApp browser.
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Visit PancakeSwap website: https://pancakeswap.finance/
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Select the network you want to trade on
*For this tutorial we will use “Ethereum”
3.Tap “Connect Wallet”
4.Select “Trust Wallet”
5.Tap “Install” or if you want to read the detailed guide, Tap “Setup Guide” from Trust Wallet
6.“Install” will take you to another page, tap “Add to Chrome”
7.Tap “Add extension”
8.Once added, tap “Bookmark”, and then select “Trust Wallet"
9.Tap “Create a new wallet” or if you already have one, you can “import or recover your wallet”. *** For this tutorial we will create a new wallet**
10.“Create a password” that is hard to predict and easy to remember for you. Make sure you have read and agreed to the “Terms of Use”. Then tap “Proceed”.
11.Review the information on the Back Up Your Secret Phrase page, then tap “Start” to continue.
Remember:
- NEVER EVER share your secret phrases (aka recovery phrase) with anyone, under any circumstances.
- NEVER use your secret phrase on any unknown website or App, other than the official wallet App.
- Safely backup your secret phrases. If you lose your secret phrase, you will lose access to your wallet and the crypto within it forever. So, store your secret phrase safely and NEVER share it with anyone.
12.The 12 letters shown in the screenshot are your “secret phrase”. Write them down in the order they appear, save it safely and tap “Proceed”.
Please note, the secret phrase shown in this screenshot is only used for this wallet guide. This is not your Secret Phase and you should never share your secret phrase with anyone and take the screenshot.
13.“Confirm your secret phrase” by selecting the word in order and then tap “Next”
14.Congratulations, your wallet is created and now you’re ready to trade on PancakeSwap. Now tap on “Open Wallet” and read the basic instructions
15.Now open the PancakeSwap website and refresh the page and select “Trust Wallet” in the connect wallet option. You will see a pop up of “Opening Trust Wallet”
16.A confirmation message will appear on your screen or in the browser to connect your Trust Wallet with PancakeSwap, tap “Connect”.
17.Once the wallet is connected, tap “Trade” and select “Swap” to trade on PancakeSwap. You can also explore other products
18.Select the token you want to Swap from the dropdown menu by tapping on ETH. The default pair is ETH-USDC, you can select whichever token you want to trade. Then insert the amount of token you want to trade.
19.After entering the token amount, tap “Swap”
20.A new window will appear and all the details will be displayed, check all the details and tap “Confirm Swap”
21.A confirmation message will be sent to your wallet, tap “Approve”. Until you confirm, the screen will appear like this
22.Once approved and the transaction is completed, a final confirmation window will appear with “Transaction Submitted”. Now you can tap “View on etherscan” to view the transaction details.
Congratulations, you have successfully completed the transaction. Now you can check your wallet to see the tokens you Swapped.
If you have any questions, please join our Telegram Community and ask there, You can also follow us on Twitter, and our Discord Server!
Stack ’em The Chefs 🐰🥞