How to Buy on Pancakeswap

Woldes Blog
3 min readNov 2, 2021

Woldes Coin WOL is currently available on PancakeSwap.

PancakeSwap is a decentralized exchange (DEX) based on Binance Smart Chain (BSC). If you try to connect your MetaMask wallet to PancakeSwap with default settings it will show you an error. This is due to the conflict in the network as PancakeSwap is based on Binance Smart Chain and MetaMask is based on Ethereum chain. Therefore, you need to first add BSC network to MetaMask and then access PancakeSwap.

Step 1: Add and select BSC network to your MetaMask wallet

To learn step by step guide to add BSC network to your MetaMask wallet here.

Step 2: Access PancakeSwap website

Go to the PancakeSwap website through the link provided below:

https://pancakeswap.finance/swap#/swap?outputCurrency=0xb72854cd96939a64CBDD870589608e202BBBe2E1

Step 3: Connect your MetaMask wallet

Click on “Connect” at the top-right-end corner. Select “MetaMask” and a pop-up will show. Select the Network you want to choose and click on “Next” and then “Connect”.

Step 4: WOL Token selection

After connecting your wallet to PancakeSwap, click on “Select a Token” and select the WOL token.

Pay attention — Make sure you are using the right $TBC Smart Contract address by clicking on this link or double-checking the address below:

0xb72854cd96939a64CBDD870589608e202BBBe2E1

Step 5: Transfer Binance Coin ($BNB) to your MetaMask wallet.

You will need BNB in order to buy (swap) WOL tokens from the available BNB in your wallet. Enter the amount of BNB to swap.

Step 6: Slippage Tolerance selection

Continue with the default slippage. If you would like to change the slippage tolerance then click on the settings button at the top-right-end corner.

With the slippage tolerance, you can set the max % of price movement you can accept to successfully complete the transaction. If the price goes higher than the % you chose, the order won’t execute.

Step 7: Swap confirmation and Gas selection

Click on “Swap” and a pop-up window will show on the top-right-end corner on MetaMask, confirm the Gas you are going to use. Confirm the default values or increase them if you want the transaction to be faster.

Gas is the cost necessary to perform a transaction on the network.

After the transaction is submitted wait for the confirmation.

Congratulations! You have just bought Woldes Coin WOL Tokens through PancakeSwap.

--

--