How to Use PancakeSwap: A Comprehensive BSC Tutorial

The PancakeSwap is the largest DEX on the Binance Smart Chain. Learn to use all the features.

Configure MetaMask for BSC

1. Open MetaMask
2. Click on the network (top)
3. "Add Network"
4. Fill in:
   • Name: BSC Mainnet
   • RPC: https://bsc-dataseed.binance.org/
   • Chain ID: 56
   • Symbol: BNB
5. Save

Step 1: Connect Wallet

1. Access pancakeswap.finance
2. Click on "Connect Wallet"
3. Select MetaMask
4. Approve connection

Step 2: Make Swap

1. Click on "Trade" > "Swap"
2. Select source token (ex: BNB)
3. Select destination token (ex: CAKE)
4. Enter quantity
5. Adjust slippage if necessary
6. Click on "Swap"
7. Confirm in MetaMask

Step 3: Add Liquidity

1. Go to "Liquidity"
2. Click on "Add Liquidity"
3. Choose token pair
4. Enter quantities
5. Approve tokens
6. Confirm addition
7. Receive LP tokens

Step 4: Farming

1. Go to "Farms"
2. Choose farm (ex: CAKE-BNB)
3. Click on "Enable"
4. Stake your LP tokens
5. Earn CAKE as reward

Step 5: Stake CAKE

1. Go to "Pools"
2. Choose CAKE pool
3. Click on "Enable"
4. Stake CAKE
5. Earn more CAKE

Fees

• Swap: 0.25%
• Farming: Free
• Gas fees: ~$0.10-0.50

Tips

✅ Start with small values ✅ Understand impermanent loss ✅ Compare APRs ✅ Reinvest rewards

Conclusion

PancakeSwap offers low fees and good returns. Ideal for those who want to start in DeFi.

Start Investing in Cryptocurrencies

To buy the cryptocurrencies mentioned in this article, use one of the recommended exchanges:

---