How to trade in Pancakeswap - Fast guide
pancakeswap

How to trade in Pancakeswap - Fast guide

By Makingdigital | makingdigitals | 11 Jan 2021


If you like passive income, you like Defi and you like to earn some tokens while you are sleeping then you like Pancakeswap.

It is a decentralized application that has the advantage of working in the Binances Smart Chain ecosystem, a protocol that boasts very low transactions. You have to measure them of course and not make unnecessary requests, because for small investors we can be left without utility.

If you are a Trustwallet user, you can trade from your smartphone app directly on Pancakeswap. When you are inside, in the bottom menu at the bottom of the screen you will find 4 icons. If you press the Dapps icon you will see all the applications that are available on Trustwallet with which you will automatically synchronize if you wish.

You just have to accept the smart contract and that's it. To operate on Pancakeswap you need to have BNB in ​​your wallet. A sufficient amount to do the farming and another to cover the transactions.
If we put the case of Cake / BNB, the most common, you will see how to deposit 20 cakes, you need to deposit the same value of those Cakes in the form of BNB, at least 90%. If you don't have Cake you can swap from Pancake directly.

You will have to accept the transaction for doing the swap and the transaction for accepting the farming.


Makingdigital
Makingdigital

Entrepeneur, writer and Cryptolover


makingdigitals
makingdigitals

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