- How to purchase the FNDZ Token on Pancakeswap
Welcome to FNDZ and the new world of De-Fi copy trading! If you are reading this, we assume you are just getting started! Now, there are many ways to buy FNDZ, with some ways being more difficult than others.
Crypto is a constantly evolving technology that leads to projects creating their own ecosystems for others to expand and build upon. FNDZ takes advantage of this network effect by running its project on the Binance ecosystem. Its smart contracts run on the BSC network, making it a slightly different experience than your average crypto journey.
Therefore, purchasing FNDZ requires some additional steps, which you can read about in this step-by-step guide.
Step 1: Set up your MetaMask wallet:
Download and create a wallet that interacts with smart contracts. For the purposes of this tutorial, we’ll use MetaMask’s browser extension as our wallet.
Metamask can be installed as a browser extension for Firefox or Chrome. For mobile users, there’s a free app available in both the apple and android stores.
Navigate to the official metamask website, download and add the extension to your browser, and begin your setup.
If you already have a wallet created, you can import it here, but we’ll move forward by creating a new wallet.
First, create your wallet password, we recommend a 16 string password with various special characters, numbers and capital letters. It’s important to note that this password will only grant you access to the wallet locally. This is not your secret backup phrase or private key.
After your password is set, you will be able to see your secret backup phrase. We recommend never taking a screenshot, photo, or any other digital record of your secret backup phrase. If anyone were to gain access to this phrase, they will have full control of your wallet. Write down the phrase on a piece of paper and store it safely.
After you verify your seed phrase on the next page, your wallet will officially be set up! We recommend pinning the Metamask extension to your browser if it isn’t already.
Step 2: Add Binance Smart Chain to your wallet:
The next step is to add the Binance smart chain to your wallet.
By default, Metamask wallets link to the Ethereum Mainnet. Navigate to the top of your wallet where your thumbnail is located to find the settings button. Click “networks” and “add network”.
Next, you’ll need to input the correct values for the Binance Smart Chain, seen below:
We recommend visiting the Binance Academy for more information about the Binance Smart Chain
Now that you’ve added the Binance Smart Chain to your metamask, you are able to send BNB to your wallet.
Step 3: Purchasing BNB to fund your wallet
The fastest way to buy BNB is directly from Binance. If you have never purchased BNB from Binance before, follow the steps in this guide.
Other options include:
For those of you who want to buy crypto with a direct online transfer from iDeal, there is the option to buy through Coinmerce. They allow you to buy BNB with FIAT money directly. Once the BNB appears in your Coinmerce wallet, you can send them to your MetaMask or Trust Wallet.
Alternatively, you could create an account with Coinbase. With this option, you need to buy any cryptocurrency, which then needs to be sent to Binance to be converted into BNB. So Coinmerce would be your exchange of choice here.
If you are not able to purchase via Binance there are multiple options to choose from using a credit card:
Step 4: Add the FNDZ token to your MetaMask wallet
Now that you have BNB in your Binance Smart Chain MetaMask wallet, you are ready to swap for the FNDZ token. Adding the FNDZ token contract address to both your wallet and pancake swap is the first step.
To add the FNDZ token contract address, visit the official FNDZ Coinmarketcap page and copy the address under ‘contracts’ next to the MetaMask icon. lease note, there are multiple scam tokens attempting to replicate FNDZ. It is imperative that you add the correct token contract address.
Copy the address to your clipboard and return it to your MetaMask wallet. Scroll to the bottom of your wallet and you’ll see an “add token” button. Click this and paste the FNDZ token contract address. The remaining information should auto-fill. You’ve now added the FNDZ token contract to your MetaMask wallet.
Step 5: Swapping BNB for FNDZ tokens
The next step is to swap your BNB for FNDZ tokens.
Go to Pancakeswap.finance. Pancake swap is a leading decentralized exchange for the Binance smart chain.
Connect your MetaMask wallet in the top right corner. You will need to allow authorization for Pancakeswap to interact with your wallet. Then, navigate to the trade tab and the exchange page.
You are now ready to swap your BNB for FNDZ tokens. In the ‘from’ tab, choose BNB as your ‘from’ token. For the “To” tab, you can click the “select a currency” button and paste the FNDZ token contract address. Again, please be sure you are using the correct smart contract address for FNDZ.
After pasting the token contract address into the search bar, the FNDZ token should pop up. You can then ‘import’ the token to Pancakeswap, and return it to the exchange page.
Now set your swap parameters and buy yourself some FNDZ Tokens!
If it is your first time purchasing FNDZ tokens on Pancake swap, you will first have to enable the contract interaction with your wallet. Once you have enabled the contract in your wallet, you are free to swap.
If your transaction fails, it could be due to the slippage value. On the little settings tab (gear icon on the top right-hand side), you have the ability to change the “slippage” amount.
Slippage refers to the expected percentage difference between quoted and executed token prices. The slippage will fluctuate depending on the token demand at any particular moment so if you have any questions feel free to reach out on one of our official channels.
Please, for any questions, concerns, or unknowns, we always suggest contacting us on one of our official channels. You can also visit Binance Academy for detailed walkthroughs, information, and short courses to help you learn all about the crypto-sphere.
JOIN FNDZ: https://fndz.io/links/
- Date of publication:
- Thu, 10/14/2021 - 09:53
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