Before you can swap tokens on PancakeSwap, you need to connect a wallet like MetaMask to it.
That way, you can use your BNB from MetaMaskto swap for another token.
Here is how to connect MetaMask to PancakeSwap.
How to Connect MetaMask to Pancakeswap
To connect your MetaMask wallet to Pancakeswap, simply follow the steps below.
1. Log in to MetaMask account and open app.
2. Select Browser from the hamburger menu in the top left corner.
3. When the browser window appears, type ‘pancakeswap.finance’ into the search box and press Enter.
4. Go to Pancakeswap website and Connect. Select MetaMask in the box.
5. Your MetaMask wallet will now be connected to Pancakeswap within a few moments.
On a Computer:
1. To begin, download and install the MetaMask browser extension.
2. Launch MetaMask and import your account using the Seed Phrase and password.
3. Visit the Pancakeswap site and click Connect button.
4. Pick Metamask from the box.
5. When the notification tab appears, select Next, then Connect.
6. Your MetaMask wallet will be linked to Pancaksewap in seconds.
About Metatask wallet
MetaMask is a cryptocurrency wallet that uses software to communicate with the Ethereum network.
Users can access their Ethereum wallet via a browser extension or a mobile app, which can then be used to interact with decentralized applications.
MetaMask was created by ConsenSys Software Inc., a blockchain software company specializing in Ethereum-based tools and infrastructure.
MetaMask allows users to manage and save account keys, transfer and receive Ethereum-based coins and tokens, broadcast transactions, and securely connect to decentralized apps using a good web browser or the built-in browser.
The software includes an integrated tool for exchanging Ethereum tokens that locates the best exchange rate by aggregating multiple decentralized exchanges (DEXs).
This feature, known as MetaMask Swaps, is charged a service fee of 0.875 percent of the transaction amount.
As of November 2021, MetaMask’s browser extension had over 21 million monthly active users, according to Bloomberg. MetaMask was Launched in 2016.
PancakeSwap, by far the most popular decentralized exchange (DEX) on Binance Smart Chain (BSC), has become a blockchain phenomenon in recent months, thanks to its tremendous liquidity, diverse feature set, and large user base.
Users can securely trade Binance Coin (BNB) and a variety of BEP-20 tokens on the platform without relying on centralized services or losing control of their private keys.
All trades on PancakeSwap are completed automatically using smart contracts as a decentralized exchange, removing all counterparty risks entirely.
Despite the fact that the team behind PancakeSwap is unknown, it has been certified by several notable blockchain security firms, including Certik and Slowmist.
Both the PancakeSwap website and smart contract code are available for public inspection, making the platform completely open-source.
Despite this, the team is thought to have more than a dozen cooks, including two co-leads (Hops and Thumper) and a variety of engineers.
Since its inception in September 2020, the platform has seen a significant increase in the number of users, the liquidity of supported assets, and the number of functions it provides.
PancakeSwap has grown into a full ecosystem of DeFi products, all of which revolve around the platform’s primary utility currency, CAKE.
You can easily connect your MetaMask wallet to Pancakeswap following these steps here on this article how to connect MetaMask to PancakeSwap.
This works both on mobile or desktop.
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