How to trade on Pancakeswap

What is pancakeswap?

PancakeSwap is a decentralized exchange that allows you to trade cryptocurrencies and tokens without a centralized intermediary, keeping custody of your tokens all the while.

 

How to trade on Pancakeswap?

●      Open Trust Wallet and tap the DApps button on the bottom of the screen.

●      Scroll down to "Popular" and tap on "PancakeSwap".

●      You can also find it in "Exchanges".

●      A new page will open with the PancakeSwap logo and some information.

●       Tap the Connect button.PancakeSwap will open up. 

●      If you see a Connect button in the top-right tap that and tap Trust Wallet from the list. First, ensure you have some Token in your wallet for gas fee.

●      To create a trade, ensure that your wallet is in 'Swap' mode.

●      In the 'From' frame, use the dropdown button to select the crypto asset, which you already have that you want to sell. On the left, enter the quantity to sell. 

●      In the 'To' frame, use the dropdown button to select the crypto asset you want to buy. The equivalent quantity of tokens you will get by selling the quantity in the previous step will be automatically calculated on the left. 

●      Click on 'Swap' below (if you have never traded the token selected in 'From', you will first be asked to approve the token. So write the address of the token here and get it approval within seconds.

●      Click 'Confirm Swap' below the next screen

●      Finally, on the next screen, click 'Approve' and enter your passcode/fingerprint to authorize the trade.