We know that cryptocurrencies have been making their way into our lives, and the day is not far when crypto would be the normalized way for all financial transactions and transfers. The spread of crypto services could only reach every continent via the Internet which houses several exchange services.
And these exchange services made it possible for crypto fanatics and traders all over the world to interact and trade on blockchain networks. As time went by, we could think of an age where crypto was being used by every individual alive, adult and children alike.
But foreseeing this scenario, brought up another question – are the existing crypto resources, enough for the future generations? Well, we all know that our world is always scarce on resources, and therefore, liquidity pools were invented as a concept of utilizing and optimizing the crypto tokens that already exist.
Pancake Swap is one of the leading DEX platforms which caters to the above concept, meaning it totally operates on the De-Fi blockchain system and helps people in optimizing their crypto use by making swaps. Also, it has managed the title of one of the top-most used cryptocurrency platforms in the whole world.
It offers a wide range of cryptocurrencies to users with advanced securities protocols. In fact, this DEX platform is operated as well as run by an anonymous algorithm which provides one of the best crypto security protocols. So, if you are looking for some investment and trading experience then keep reading.
Features in the batter for PancakeSwap Exchange
Sure, we have already discussed the security features of Pankcake Swap, but here, we’ll be focusing majorly on that topic and also on a few other features. Pancake Swap allows the users to exchange BEP-20 tokens which gives them the authority to use all of their cryptocurrencies to exchange between pools and provide liquidity anytime they want, and thus by doing so, they receive special token rewards too.
Well, it is a kind of loophole for the traders and investors to earn bigger rewards, which is one of the most appreciated features of the service. Read on to know that the swap exchange allows the below features:
- You can trade BEP-20 tokens between platforms
- It provides a high amount of liquidity to the exchange
- Trades can earn rewards from these methods
- You can also use LP (Liquidity Provider) as your stake to earn more profit and CAKE tokens
- Stake CAKE tokens to earn more rewards and even more coins
Wallet Offered by PancakeSwap Login
The PancakeSwap Login offers a wide range of Cryptocurrencies wallets. Some of them are listed below.
- Trust Wallet
- WalletConnect Wallets
- Math Wallet
- Binance Chain Wallet
How to Buy NFTs on Pancakeswap?
To begin the process, you have to visit the MetaMask Wallet.
Now, press on the Network Selector option provided at the top of your screen.
Then, Scroll down your screen and tap on the Custom RPC option.
After which, a window will appear, and you need to add a few details to it.
- Network Name
- New RPC URL
- Chain ID
- Block Explorer URL
- Currency Symbol
- Once you enter the details properly, head to the Save bar.
- To proceed, you need to go to the PancakeSwap Login website.
- Click on the Connect opinion appearing in the top-right corner of that page.
- Lastly, the window will be shown on your device, asking you to select the Wallet you want to connect to.
- You have to move to the MetaMask Wallet.
How to Give Liquidity on PancakeSwap Login?
You have to connect your Wallet with the PancakeSwap Login.
Tap on the Liquidity bar in the Trade menu and choose a token pair you want to provide.
Now, you need to select the number of tokens you want to mention to one half of the pair; the other half will auto-fil.
Then, you have to click on the Farms option and stake them in their corresponding pool.
Move downwards on that page and tap on the Enable button.
Now confirm the deposit in MetaMask.
After depositing the LP tokens, you will quickly begin earning CAKE rewards at the APR rate specified.
And you can get your CAKE at any time by hitting on the Harvest option.
Congratulations! You are done with the whole process.
How to Trade on PancakeSwap Login Using MetaMask?
- Firstly, to trade on PancakeSwap Login, you need to generate a Wallet.
- If you select MetaMask, you must Create a Wallet on the desired platform.
- Now, Add a Fund to your Wallet to buy and send it to your MetaMask BSC Wallet address.
- Then, link your Metamask Wallet to the PancakeSwap exchange.
- Further, select the tokens you would like to trade.
- For which, you have to press the Trade bar and choose the Exchange option.
- Mention the total amount you would like to sell in the From the bar.
- And enter the amount that you wish to buy in the To bar.
- You get an option to Review Settings to re-examine all the filled details.
- To proceed, click on the Approve option to confirm the transaction.
- In the end, go to the Swap option attested on your screen.
- Finally! Your transaction is complete on the PancakeSwap Login exchange.
How to do Farming on PancakeSwap Login?
If you get your liquidity provider tokens, you can easily stake the tokens in Farms to get extra rewards. Pay attention to the instructions to do farming on your PancakeSwap Login account.
- Foremost, you have to open the PancakeSwap Login webpage on your device.
- Secondly, head to the Farm section.
- Now, you need to choose the pool from that page.
- Hit on the Enable option and confirm the transaction in MetaMask.
- Then, you have to select the total quantity of LP tokens you wish to stake.
- Reanalyze the farm button over time to view how much CAKE you gained or earned.
- In case you wish to Harvest your newly-earned CAKE, hit the Harvest option and confirm the transfer.
- Lastly, you can stake your earned CAKE in a Syrup pool to earn more tokens.
How to Earn CAKE on PancakeSwap Login via Syrup Pool?
- To proceed, you have to open the official PancakeSwap Login page.
- Go to the Pools bar.
- Nextly, Choose the pool where you would like to stake your LP tokens.
- Now, you must Confirm the Withdrawal of CAKE tokens.
- Further, you must mention the total amount of the tokens you want to stake.
- Then, press the Confirm the transaction button.
- And then, you have to earn rewards passively.
- Lastly, tap on the Harvest option on the Syrup Pool you have staked in to withdraw your assets at any time.
PancakeSwap Login was introduced in September 2022 on the Binance Smart Chain as an alternative AMM to Uniswap exchange. It offers lower transaction fees and higher speeds. It has modernized some features that are the reasons which make it different from other platforms. You can earn or gain passive income. If you are searching for a decentralized exchange with lower costs and transaction fees, the PancakeSwap Login is the best option for you.
PancakeSwap Login is the Automated Market Makers, which uses the ability to earn high interest by giving liquidity. You can add liquidity and earn as many coins as you want. It also charges a lower cost as compared to other exchanges. In short, you can take help from the above guide to know the supported Wallet, benefits, how to connect Wallet, give liquidity, do farming, and earn CAKE on PancakeSwap Login.