how to buy on pancakeswap
6 Simple Steps for Buying IBAT on Pancake Swap
You might be wondering how to use PancakeSwap to make purchases if you’ve just connected your smart wallet to the platform. It’s vital to remember that PancakeSwap only allows the trade of BEP-20 tokens; as a result, you cannot purchase coins on the site using a conventional currency like the US dollar. This post will explain how to purchase coins on PancakeSwap and offer advice on the top currencies available right now.
How to Buy IBAT on PancakeSwap?
Purchasing on PancakeSwap is simple once your wallet is linked and set up. Simply check to see whether you already have some IBAT tokens in your wallet. This must incorporate part of the BNB that PancakeSwap utilizes to deduct transaction costs.
1. Go to the PancakeSwap Exchange page –
If it didn’t redirect to the swap page Go to the PancakeSwap website( https://pancakeswap.finance/ ). ‘Trade’ should be in the upper-left corner. Click on it to go to the ‘Swap’ page. This is where you’ll carry out your transaction.
2. Select BNB to buy IBAT
On the Swap page, on the right, there is a little exchange calculator. Select BNB if it’s not selected by using the drop-down option in the top area.
3. Choose IBAT to BUY
Using this same calculator, use the drop-down menu in the bottom section to choose the IBAT token if it’s not available copy and paste the contract address given below
Contract Address – 0x19cd9b8e42d4ef62c3ea124110d5cfd283ceac43
4. Enter the amount
You can specify how many coins you want to receive or how many coins you want to swap. When you enter an amount into one of the fields, the other field is automatically computed for you.
5. Review the details and click ‘Swap’
You can confirm that Swap once you’ve verified that all of the sums are right and that you’re satisfied with the costs and slippage tolerance. Set slippage tolerance by clicking on the settings icon before swapping- 15%.
6. You’re done!
You’ve just purchased IBAT tokens with PancakeSwap! A popup will appear informing you that the transaction has been submitted, as well as a link to your transaction information on BscScan.
How to buy on PancakeSwap with Trust Wallet?
If you have an Android or IOS smartphone, you may use the Trust Wallet app to buy IBAT on the PanckeSwap exchange.
- Go to your Trust Wallet app.
- Navigate to DAPPs if you’re an Android user, or Browser if you’re an IOS user. This should be near the bottom of the screen.
- Locate PancakeSwap. This is usually under the ‘Defi’ section. And if you are an IOS user go to – https://pancakeswap.finance/swap?outputCurrency=0x19cd9b8e42d4ef62c3ea124110d5cfd283ceac43 .
- You’ll be directly taken to the PancakeSwap exchange page from there.
- Enter the desired amount and confirm the BUY!