How to buy Orderly Network (ORDER) coins on PancakeSwap?

Binance leads the trading volume for Orderly Network (ORDER), allowing users to purchase ORDER coins on PancakeSwap using MetaMask wallets, with the added convenience of a seamless transaction process.

Jan 03, 2025 at 08:03 pm

Key Points:

• Binance has the highest Orderly Network (ORDER) coin trading volume.
• Users can purchase ORDER coins on PancakeSwap using a decentralized wallet like MetaMask.
• The process involves connecting the wallet, swapping BNB for ORDER, and confirming the trade.
• Keep in mind transaction fees, slippage tolerance, and the required BNB amount for the trade.
• Store ORDER coins securely in a private wallet like Trust Wallet or Ledger Nano X.

How to Buy Orderly Network (ORDER) Coins on PancakeSwap:

1. Connect Wallet to PancakeSwap:

   • Visit PancakeSwap's website and click on "Connect Wallet."
   • Select your desired wallet (e.g., MetaMask) and follow the prompts to connect.

2. Add ORDER Contact Address:

   • Click on "Trade" and then "Exchange."
   • Enter or paste the Orderly Network contract address (0x90D7BF170508ae6234Bd00E3704315B3bbF844a0) into the "From" field.
   • If the contract address is not recognized, click on "Import" and enter the address manually.

3. Swap BNB for ORDER:

   • In the "To" field, type in the amount of ORDER coins you wish to purchase.
   • The system will automatically calculate the required amount of BNB based on the current market rate.
   • Adjust the "Slippage Tolerance" to your desired level (e.g., 5-10%) to account for price fluctuations during the transaction.

4. Confirm Swap:

   • Review the transaction details, including the amount of BNB and ORDER involved, slippage tolerance, and estimated transaction fees.
   • Click on "Swap" to execute the trade.
   • Your MetaMask wallet will prompt you to confirm the transaction.

5. Store ORDER Coins:

   • Once the trade is complete, your ORDER coins will be transferred to your connected wallet.
   • To store them securely, transfer them to a private wallet like Trust Wallet or Ledger Nano X.

FAQs:

Q: What is Orderly Network (ORDER)?
A: Orderly Network is a decentralized protocol that allows users to create and manage off-chain order books for various digital assets. It uses the ORDER token as its native utility token.

Q: Why use PancakeSwap to buy ORDER coins?
A: PancakeSwap is a decentralized exchange (DEX) that offers a wide selection of cryptocurrencies, including ORDER. It allows users to trade coins directly from their wallets without intermediaries.

Q: What is slippage tolerance?
A: Slippage tolerance is a setting that allows for a small deviation in the expected trade price due to market fluctuations. Setting a higher slippage tolerance ensures faster execution but may result in a slightly different final price.

Q: How do I calculate the amount of BNB needed for the swap?
A: The amount of BNB required will vary based on the current market price of ORDER. You can use the PancakeSwap interface to enter the desired amount of ORDER coins and the system will automatically calculate the corresponding BNB amount.