How to Swap on PancakeSwap v3: A Comprehensive Guide

PancakeSwap v3 brings four different trading fee tiers (0.01%, 0.05%, 0.25%, and 1%), which represent a substantial drop—up to 25 times lower—compared to v2. Traders and liquidity providers (LPs) can benefit by choosing between the four trading fee rates when they swap or provide liquidity.

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Let’s start swapping!

1. Connect your wallet: Go to the top-right corner of your screen, choose your network and click "Connect Wallet". For those using browser extension wallets, you only need to select your wallet's icon and follow the instructions in the pop-up window.

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2. Choose the specific tokens you want to exchange and input the quantity. image6.png

3. Review all the transaction information carefully. If everything looks good, press "Swap" to continue.


4. A prompt for "Confirm Swap" will appear. Review the details again for accuracy.

5. If all details are correct, proceed by clicking on the "Confirm Swap" button. image1.png

6. Your wallet extension will request one final transaction confirmation. Confirm to complete the process.

How the v3 Smart Router finds the best route for you

When you decide to swap tokens, the v3 Smart Router brings an overall improvement to the system by utilizing all available liquidity in the protocol. This means that you're more likely to get a better rate compared to previous versions.

The new Smart Router is designed to intelligently find the best trading route for your swap. It incorporates liquidity from different sources such as PancakeSwap v3, v2, StableSwap, and also utilizes liquidity provided by the Market Maker integration to offer the best deal.

Customizing Your Swap

You have the ability to customize or disable certain liquidity sources if you prefer not to route their trade through them. This provides a greater degree of control over your trades. Screenshot 2023-08-29 at 9.41.57 AM.png

How to check v3 trading fee on BNB Chain & Ethereum

1. After you select either BNB Chain or Ethereum, go to Trade > Swap. 2. Your trading fee will be displayed before you complete the swap. 3. You can also click the magnifier icon in the "Route" section to get more details about the chosen route.

PancakeSwap v3 offers a more flexible and efficient platform for both traders and liquidity providers. With lower fees, smart routing, and customizable trading options, it is a significant upgrade!

If you're more of a visual learner, don't forget to check out our step-by-step video guide to make your swapping experience even smoother:

Happy Swapping! 🥞The Chefs🐰

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