Pancake Swap : Swap, Limit, and Pool Safely


Pancake is a popular decentralized crypto exchange platform that has most users than any other trading protocol. This platform is home to swapping, limiting, and pool cryptocurrencies in a secure way. Here you can trade almost all types of popular cryptocurrencies with the help of a crypto

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Pancake is a popular decentralized crypto exchange platform that has most users than any other trading protocol. This platform is home to swapping, limiting, and pool cryptocurrencies in a secure way. Here you can trade almost all types of popular cryptocurrencies with the help of a crypto wallet. Here in this read, we will explain to you the way to trade on Pancake Swap. You can use MetaMask, Binance Wallet, Coinbase Wallet, Trust Wallet, WalletConnect, Opera Wallet, MathWallet, TokenPocket, SafePal, Coin98, and Blocto wallets on this platform. You may be asked to provide the password or seed phrase details of your wallet to access and connect it on PancakeSwap. Make sure that your Windows or Mac has a proper WiFi network and then approach the next sections of this post to learn the way to trade on this PancakeSwap App exchange.

How to swap on PancakeSwap?

Swapping cryptocurrencies on this exchange is quite easy. Now, if you are not sure, you need to approach these steps to swap on Pancake Swap:

  1. Open a browser and visit the https://pancakeswap.finance/swap page
  2. Now, choose the currency that you have in your wallet
  3. After that, you need to select the currency with whom you want to swap
  4. Once you provide the currency details, you need to click the ‘Connect Wallet’ option
  5. Follow the prompt and then choose the wallet that you want to connect
  6. Provide the login details of your wallet and click the ‘Swap’ button to finish

Method to place a limit order on PancakeSwap

You can easily place a limit order on Pancake Swap with the help of a crypto wallet. Now, if you are not sure about the way to place a limit order on PancakeSwap then you need to approach the path that is explained below:

  1. Using a browser on your device, visit the https://pancakeswap.finance/limit-orders page
  2. Now, you need to select the crypto token on which you want to place the order limit
  3. After that, get to the ‘Connect Wallet’ button and click on it
  4. Once you are asked, you need to choose the wallet that you use
  5. If asked, provide the wallet login details to move forward
  6. Now, you need to choose the ‘Place’ button to finish the process

Read Also: ViperSwap

The procedure to pool on Pancake Swap exchange

If you are not sure how to pool on the PancakeSwap exchange, you can easily add a new liquidity pool on it with the help of the quick steps that are given below:

  1. Launch a web browser and visit the https://pancakeswap.finance/liquidity page
  2. Now, you need to click the ‘Add Liquidity’ option to proceed
  3. On this page, you need to choose the coin in the respective box
  4. If asked, choose the ‘Connect Wallet’ button
  5. Choose the wallet and then provide the password or seed phrase details
  6. Finally, you have added a liquidity pool on PancakeSwap

Conclusion

To sum up, Pancake is a user-friendly decentralized trading protocol that let user’s trade crypto tokens in a secured way. Users who are not familiar with the way to swap, limit, or pool on this exchange can approach the quick processes that are given above on this page. While connecting your wallet on this exchange, make sure to provide the valid password or recovery seed phrase details to avoid issues. Make sure that you have added cryptocurrencies to your wallet to avoid transactional failure. We suggest you use an updated browser on your computer to trade on Pancake. Now, hopefully, you have learned the procedure to trade on PancakeSwap with the help of this post.

Get More info about: FTX Exchange